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signed · Rhode Island · House Jun 17, 2024

HB 7754: AN ACT AUTHORIZING THE TOWN OF JOHNSTON TO ISSUE NOT TO EXCEED $40,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE CONSTRUCTION, ADDITIONS, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF STORMWATER MANAGEMENT AND SEWER FACILITIES THROUGHOUT THE TOWN

Authorizes the Town of Johnston to issue bonds and notes in an amount not exceeding $40,000,000 to finance construction and other improvements throughout the town.
Ramon Perez (D) Deb Fellela (D) Greg Costantino (D) Edward Cardillo (D)
signed · Rhode Island · House Jun 17, 2024

HB 8284: AN ACT IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS SECTION 16-7-44 APPROVING THE ISSUANCE OF $3,500,000 BONDS BY THE TOWN OF SCITUATE TO FINANCE CAPITAL PROJECTS AT THE SCITUATE SCHOOLS

This bill authorizes the town of Scituate to issue $3.5 million in bonds to fund capital improvement projects at its local schools. The legislation empowers the town to create necessary contracts and agreements, often working through the Rhode Island Health and Educational Building Corporation, to carry out these construction or renovation efforts. While the state may provide reimbursement for the bond interest, this funding is conditional on the specific school projects being approved by the Rhode Island Department of Education. The measure requires prior approval from the town council and the town's voters before the bonds can be issued.
Bob Quattrocchi (R)
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