Bill

Bill > S2679


RI S2679

RI S2679
JOINT RESOLUTION AUTHORIZING THE STATE TO ENTER INTO A FINANCING AGREEMENT RELATING TO SCHOOL CONSTRUCTION IN THE CITY OF PAWTUCKET AND AUTHORIZING THE CITY OF PAWTUCKET TO FINANCE RENOVATIONS AND REPAIRS TO SAMUEL SLATER MIDDLE SCHOOL FACILITIES, OR THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, FURNISHING AND EQUIPPING OF A NEW MIDDLE SCHOOL AND SCHOOL FACILITIES AND ALL EXPENSES INCIDENT THERETO INCLUDING, BUT NOT LIMITED TO, COSTS OF DESIGN, DEMOLITION, ATHLETIC FIELDS, LANDSCAPING AND PARKING


summary

Introduced
02/27/2026
In Committee
02/27/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Joint Resolution Authorizing The State To Enter Into A Financing Agreement Relating To School Construction In The City Of Pawtucket And Authorizing The City Of Pawtucket To Finance Renovations And Repairs To Samuel Slater Middle School Facilities, Or The Acquisition, Construction, Improvement, Furnishing And Equipping Of A New Middle School And School Facilities And All Expenses Incident Thereto Including, But Not Limited To, Costs Of Design, Demolition, Athletic Fields, Landscaping And Parking By The Issuance Of Not More Than $22,500,000 City Bonds, City Notes And/or Other Evidences Of Indebtedness Therefor (authorizes The City Of Pawtucket To Issue Bonds For School Renovations.)

AI Summary

This joint resolution authorizes the state to enter into a financing agreement, with the Rhode Island Health and Educational Building Corporation (a public body that issues bonds for projects), to finance approximately $150 million for renovations and repairs to Samuel Slater Middle School in Pawtucket, or the construction of a new middle school, including all related expenses. The state's obligations under this agreement are subject to legislative appropriation, and the bonds issued will not be a debt of the state itself. Additionally, this resolution authorizes the City of Pawtucket to issue its own bonds, notes, or other debt instruments totaling no more than $22,500,000 to finance a portion of these school improvements, with the approval of the city's voters required for these city-level financing provisions to take effect.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Introduced, referred to Senate Finance (on 02/27/2026)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...