Cranston voters would decide on $4 million playground bond authority

Cranston could issue up to $4 million in general-obligation bonds and temporary notes. The money could pay for acquiring, building, improving, renovating, repairing, or altering playgrounds, athletic fields, and related equipment in Cranston. The city council would set the terms of each bond or note issue. Temporary notes issued for bonds could not exceed the authorized bond amount. The city would have to provide for principal and interest payments, including through the annual tax levy if other money is unavailable. Sections 12 and 13 take effect upon passage, but the bond and note authority takes effect only if a majority of voters approves the question at the November 3, 2026, general election or at an earlier or later special citywide election set by the city council.