AN ACT AUTHORIZING THE CITY OF PAWTUCKET TO PROVIDE FOR THE IMPROVEMENT AND REPLACEMENT OF ROAD SAFETY INFRASTRUCTURE AND TRAFFIC CONTROL DEVICES IN THE CITY OF PAWTUCKET AND AUTHORIZING THE FINANCING THEREOF, INCLUDING THE ISSUE OF NOT MORE THAN $2,500,000 BONDS AND NOTES THEREFOR, TO FUND THE CAPITAL IMPROVEMENT PROGRAM FOR THE TWO FISCAL YEARS 2028 AND 2029

Summary

The law lets the city of Pawtucket sell up to $2.5 million of municipal bonds and short‑term notes to pay for fixing and replacing road safety features and traffic signals during the 2028‑29 fiscal years. Money raised must be used for the projects, paying bond costs, and any related expenses. The city can also borrow against future state or federal aid and repay those loans with the bond proceeds.

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