SB 2923

  • Rhode Island Senate Bill
  • 2020 Regular Session
  • Introduced in Senate Jul 16, 2020
  • Senate
  • House
  • Governor

AN ACT AUTHORIZING THE CITY OF PROVIDENCE TO ISSUE NOT TO EXCEED $140,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, LANDSCAPING, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE CITY, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 75% AT THE TIME OF ISSUANCE AND PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY THE AMOUNT OF CERTAIN GRANTS RECEIVED FROM STATE BOND PROCEEDS, FROM THE RHODE ISLAND DEPARTMENT OF EDUCATION OR FROM THE RHODE ISLAND SCHOOL BUILDING AUTHORITY (Authorizes City of Providence to issue $140,000,000 in general obligation bonds to finance, improvements to school buildings and facilities.)

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Aug 03, 2020

Rhode Island General Assembly

08/03/2020 Meeting postponed (08/04/2020)

Jul 31, 2020

Rhode Island General Assembly

07/31/2020 Scheduled for hearing and/or consideration

Jul 16, 2020

Rhode Island General Assembly

07/16/2020 Introduced, referred to Senate Finance

Bill Text

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2923 PDF

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