AN ACT AUTHORIZING THE CITY OF CRANSTON TO FINANCE THE DESIGN, CONSTRUCTION, REPAIR, REHABILITATION AND IMPROVEMENT OF STREETS, SIDEWALKS AND BRIDGES IN THE CITY INCLUDING, BUT NOT LIMITED TO, PAVING, DRAINAGE, TRAFFIC CONTROL DEVICES, ROAD MAINTENANCE EQUIPMENT, SAFETY IMPROVEMENTS AND LANDSCAPING AND ALL COSTS INCIDENTAL OR RELATED THERETO BY THE ISSUANCE OF NOT MORE THAN $8,000,000 GENERAL OBLIGATION BONDS AND NOTES THEREFOR

Summary

This bill allows the city of Cranston to issue up to $8 million in general obligation bonds to fund local transportation infrastructure. The funds will be used for designing, constructing, repairing, and improving streets, sidewalks, and bridges, as well as related projects like paving, drainage, and traffic control. This matters because it provides the necessary financing to maintain and upgrade the city's infrastructure, ensuring safer roads for residents.

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