AN ACT AUTHORIZING THE CITY OF CRANSTON TO FINANCE THE ACQUISITION, DEMOLITION, CONSTRUCTION, IMPROVEMENT, RENOVATION, REPAIR, ALTERATION, FURNISHING AND EQUIPPING OF PUBLIC BUILDINGS IN THE CITY BY THE ISSUANCE OF NOT MORE THAN $2,000,000 GENERAL OBLIGATION BONDS AND NOTES THEREFOR
Effective without Governor's signature
Summary
The act authorizes the city of Cranston to sell general‑obligation bonds and temporary notes worth no more than $2 million to pay for acquiring, demolishing, constructing, improving, renovating, repairing, furnishing or equipping public buildings. The money can also be used for related costs, repayment of notes, advances, and issuance expenses. The bond authority becomes active only after city voters approve the measure in the November 2026 election or a special election called by the city council.
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