Pawtucket voters must approve the act before the city can issue up to $3 million in bonds or notes for street repaving.
Pawtucket may borrow up to $3 million for street repaving and related costs, but voters must approve the act before most of it takes effect. The city may also use available state or federal aid.
Pawtucket may issue up to $3 million in bonds or notes to pay for street repaving and related costs. The money is for repaving streets in Pawtucket and costs related to that work. The city council decides how much to issue and sets the terms. The city may also use available state or federal aid and other funds. The city must provide for yearly principal and interest payments; if it does not set aside enough money, the unpaid amount is added to the annual tax levy on taxable property. Sections 13 and 14 took effect upon passage. The rest of the act takes effect only if a majority of voters approve it at the election described in section 13.
No hearings or votes scheduled.