RI
Rhode Island Senate Bill S3009

Rhode Island 2022 Regular Session

Rhode Island Senate Bill S3009

Introduced
6/9/22  
Refer
6/9/22  
Report Pass
6/14/22  
Engrossed
6/16/22  
Enrolled
6/22/22  

Caption

Authorizing The Town Of Narragansett To Finance The Improvement, Replacement, Construction, Renovation, Repair, Reconstruction And/or Restoration Of Roadways, Sidewalks, Storm Drains, Public Buildings And Other Public Infrastructure In The Town Of Narragansett And To Issue Not More Than $20,000,000 Bonds And Notes Therefor

Impact

The act empowers the town council to manage funds raised through these bonds to ensure that they are utilized effectively for the designated purposes. This means that any successful passage of the act could lead to significant improvements in the town's infrastructure which in turn can enhance the quality of life for its residents. Additionally, the ability to finance these projects without immediate taxation is an intriguing aspect that could ease fiscal pressures on local taxpayers while still moving forward with enhancement projects. Moreover, adequate management of the funds and timely execution of projects, under this act, is critical to realize its intended benefits.

Summary

Bill S3009 is an act that authorizes the town of Narragansett to issue bonds totaling up to $20 million for the purpose of improving, replacing, constructing, renovating, repairing, and restoring roadways, sidewalks, storm drains, public buildings, and other public infrastructure. This initiative is aimed at enhancing the infrastructure within the town, addressing various infrastructure needs including transportation and public utilities, which are pivotal for community development and sustainability. The issuance of these bonds is seen as a viable financial strategy to support essential public works projects and improve local facilities.

Contention

While the bill passes with unanimous support (67-0), the broader implications of such a large bond issue could raise questions concerning future debt management by the town. Critics may express concerns about whether the formulated expenditure plans will adequately meet the expectations of the residents and whether the council will be held accountable for the effective execution of the projects funded by these bonds. This raises potential discussions regarding fiscal responsibility and the limits of local government spending, especially in terms of long-term financial commitments inherent to bond issues.

Latest RI S3009 Activity

View All Events: RI 2022 Regular Session S3009

Companion Bills

No companion bills found.

Previously Filed As

RI H8233

Authorizing The Town Of Narragansett To Finance The Improvement, Replacement, Construction, Renovation, Repair, Reconstruction And/or Restoration Of Roadways, Sidewalks, Storm Drains, Public Buildings And Other Public Infrastructure In The Town Of Narragansett And To Issue Not More Than $20,000,000 Bonds And Notes Therefor

RI S3093

AUTHORIZING THE TOWN OF NARRAGANSETT TO FUND AFFORDABLE HOUSING IN THE TOWN OF NARRAGANSETT AND TO ISSUE NOT MORE THAN $3,000,000 BONDS AND NOTES THEREFOR

RI H8263

AUTHORIZING THE TOWN OF NARRAGANSETT TO FUND AFFORDABLE HOUSING IN THE TOWN OF NARRAGANSETT AND TO ISSUE NOT MORE THAN $3,000,000 BONDS AND NOTES THEREFOR

RI S1074

Authorizing The Town Of North Smithfield To Finance The Development And Construction Of A New Police Station Or The Renovation, Improvement, Alteration And Repair Of An Existing Building To Be Used As A Police Station, As Determined By The Town Council And The Furnishing And Equipping Thereof By The Issue Of Not More Than $18,000,000 Of Bonds And/or Notes Therefor

RI H6451

Authorizing The Town Of North Smithfield To Finance The Development And Construction Of A New Police Station Or The Renovation, Improvement, Alteration And Repair Of An Existing Building To Be Used As A Police Station, As Determined By The Town Council And The Furnishing And Equipping Thereof By The Issue Of Not More Than $18,000,000 Of Bonds And/or Notes Therefor

RI S2966

Authorizing The City Of Pawtucket To Provide For The Design, Construction, Reconstruction And Repair Of Streets, Sidewalks And Other Transportation Infrastructure Improvements Including, But Not Limited To, Drainage And Landscaping And Authorizing The Financing Thereof, Including The Issue Of Not More Than $1,200,000 Bonds, Notes And Other Evidences Of Indebtedness Therefor, To Fund The Capital Improvement Program For The Two Fiscal Years 2024 And 2025

RI H8236

Authorizing The City Of Pawtucket To Provide For The Design, Construction, Reconstruction And Repair Of Streets, Sidewalks And Other Transportation Infrastructure Improvements Including, But Not Limited To, Drainage And Landscaping And Authorizing The Financing Thereof, Including The Issue Of Not More Than $1,200,000 Bonds, Notes And Other Evidences Of Indebtedness Therefor, To Fund The Capital Improvement Program For The Two Fiscal Years 2024 And 2025

RI S3131

AUTHORIZING THE CITY OF PAWTUCKET TO PROVIDE FOR THE DESIGN, CONSTRUCTION, RECONSTRUCTION AND REPAIR OF ENVIRONMENTAL INFRASTRUCTURE IMPROVEMENTS INCLUDING, BUT NOT LIMITED TO, PARKS, STREETS, STREETSCAPES, RECREATION, SIDEWALKS, SEWERS, BUILDINGS AND BRIDGES AND AUTHORIZING THE FINANCING THEREOF, INCLUDING THE ISSUE OF NOT MORE THAN $20,000,000 BONDS AND NOTES THEREFOR, TO FUND THE CAPITAL IMPROVEMENT PROGRAM FOR THE TWO FISCAL YEARS 2026 AND 2027

RI H8264

AUTHORIZING THE CITY OF PAWTUCKET TO PROVIDE FOR THE DESIGN, CONSTRUCTION, RECONSTRUCTION AND REPAIR OF ENVIRONMENTAL INFRASTRUCTURE IMPROVEMENTS INCLUDING, BUT NOT LIMITED TO, PARKS, STREETS, STREETSCAPES, RECREATION, SIDEWALKS, SEWERS, BUILDINGS AND BRIDGES AND AUTHORIZING THE FINANCING THEREOF, INCLUDING THE ISSUE OF NOT MORE THAN $20,000,000 BONDS AND NOTES THEREFOR, TO FUND THE CAPITAL IMPROVEMENT PROGRAM FOR THE TWO FISCAL YEARS 2026 AND 2027

RI S2967

Authorizing The City Of Pawtucket To Provide For The Construction, Renovation And Improvement, Repair, Alteration, Furnishing And Equipping Of Public Buildings In The City And Authorizing The Financing Thereof, Including The Issue Of Not More Than $18,350,000 Bonds, Notes And Other Evidences Of Indebtedness Therefor, To Fund The Capital Improvement Program For The Two Fiscal Years 2024 And 2025

Similar Bills

RI H8194

Narragansett Indian Land Management Corporation

RI H7762

Repeals sections of the Narragansett Indian Land Management Corporation Act and acknowledges the Narragansett Indian Tribe as the sole aboriginal people sovereign to the territory of what is now known as Rhode Island.

RI H5969

Narragansett Indian Land Management Corporation

RI H8263

AUTHORIZING THE TOWN OF NARRAGANSETT TO FUND AFFORDABLE HOUSING IN THE TOWN OF NARRAGANSETT AND TO ISSUE NOT MORE THAN $3,000,000 BONDS AND NOTES THEREFOR

RI H8233

Authorizing The Town Of Narragansett To Finance The Improvement, Replacement, Construction, Renovation, Repair, Reconstruction And/or Restoration Of Roadways, Sidewalks, Storm Drains, Public Buildings And Other Public Infrastructure In The Town Of Narragansett And To Issue Not More Than $20,000,000 Bonds And Notes Therefor

RI S3093

AUTHORIZING THE TOWN OF NARRAGANSETT TO FUND AFFORDABLE HOUSING IN THE TOWN OF NARRAGANSETT AND TO ISSUE NOT MORE THAN $3,000,000 BONDS AND NOTES THEREFOR

RI H6347

Increases the landing fee for the town of Narragansett from fifty cents ($.50) to one dollar ($1.00).

RI H8122

General Powers -- Town Of Narragansett-- Landing Fee