AN ACT AUTHORIZING THE CITY OF CRANSTON TO FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, RENOVATION, REPAIR AND ALTERATION OF PLAYGROUNDS, ATHLETIC FIELDS AND RELATED EQUIPMENT IN THE CITY BY THE ISSUANCE OF NOT MORE THAN $4,000,000 GENERAL OBLIGATION BONDS AND NOTES THEREFOR

Summary

The law gives the city of Cranston authority to issue general‑obligation bonds and short‑term notes worth no more than $4 million. The money must be spent on buying land, building, fixing or upgrading playgrounds, athletic fields and related equipment. Voters will decide whether to approve the borrowing in a citywide election.

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