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

The law lets the City of Cranston sell general‑obligation bonds and short‑term notes worth no more than $8 million to fund design, construction, repair and related work on its streets, sidewalks and bridges. Proceeds must be used only for those projects, bond costs, or to repay the notes. Voters must approve the measure in a citywide election before the bonds can be issued.

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