Bill

Bill > H8264


RI H8264

RI H8264
AUTHORIZING THE CITY OF PAWTUCKET TO PROVIDE FOR THE DESIGN, CONSTRUCTION, RECONSTRUCTION AND REPAIR OF ENVIRONMENTAL INFRASTRUCTURE IMPROVEMENTS INCLUDING, BUT NOT LIMITED TO, PARKS, STREETS, STREETSCAPES, RECREATION, SIDEWALKS, SEWERS, BUILDINGS AND BRIDGES AND AUTHORIZING THE FINANCING THEREOF, INCLUDING THE ISSUE OF NOT MORE THAN $20,000,000 BONDS AND NOTES THEREFOR, TO FUND THE CAPITAL IMPROVEMENT PROGRAM FOR THE TWO FISCAL YEARS 2026 AND 2027


summary

Introduced
05/10/2024
In Committee
06/06/2024
Crossed Over
06/10/2024
Passed
06/13/2024
Dead
Signed/Enacted/Adopted
06/26/2024

Introduced Session

2024 Regular Session

Bill Summary

AUTHORIZING THE CITY OF PAWTUCKET TO PROVIDE FOR THE DESIGN, CONSTRUCTION, RECONSTRUCTION AND REPAIR OF ENVIRONMENTAL INFRASTRUCTURE IMPROVEMENTS INCLUDING, BUT NOT LIMITED TO, PARKS, STREETS, STREETSCAPES, RECREATION, SIDEWALKS, SEWERS, BUILDINGS AND BRIDGES AND AUTHORIZING THE FINANCING THEREOF, INCLUDING THE ISSUE OF NOT MORE THAN $20,000,000 BONDS AND NOTES THEREFOR, TO FUND THE CAPITAL IMPROVEMENT PROGRAM FOR THE TWO FISCAL YEARS 2026 AND 2027

AI Summary

This bill authorizes the City of Pawtucket to issue up to $20 million in general obligation bonds and notes to finance the design, construction, reconstruction, and repair of various environmental infrastructure improvements, including parks, streets, sidewalks, sewers, and bridges. The bonds and notes can be used to fund the city's capital improvement program for the 2026 and 2027 fiscal years. The bill also outlines the process for issuing the bonds and notes, including authorizing the city to apply for federal or state assistance, and requires the question of approving the act to be submitted to the city's voters at the next general election or a special election.

Committee Categories

Housing and Urban Affairs

Sponsors (7)

Last Action

Signed by Governor (on 06/26/2024)

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