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

Summary

This bill allows the City of Cranston to issue up to $2 million in general obligation bonds to fund various public building projects. The funds can be used for acquiring, constructing, renovating, or equipping municipal buildings. This provides the city with the necessary financing to maintain and improve its public infrastructure.

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