Archives For Government Bonds

featured-195commission

195 Redevelopment District Commission Meeting – April 8, 2013

gcpvd —  April 8, 2013 — 1 Comment

A meeting of the I-195 Redevelopment District Commission will be held at the office of Rhode Island Economic Development Corporation, 315 Iron Horse Way, Suite 101, Providence, Rhode Island, on Monday, April 8, 2013, beginning at 5:00 p.m., for the following purposes:

I. Public Session

Call to Order: The Chairperson

  1. Welcome by Chairperson: Chairperson Colin Kane.
  2. To approve the minutes of the meetings held on March 4, 2013 and March 11, 2013. (Tab 1.)

    3. II. Executive Session

    To consider and act upon such matters as may be considered at a meeting closed to the public pursuant to the Open Meetings Law, specifically matters permitted to be so considered under subsection (1) (personnel matters) and subsection (5) (acquisition and disposition of public property) of Rhode Island General Laws, Section 42-46-5(a) (the Open Meetings Law).

  3. Update Concerning Legal and Business Issues Regarding Purchase of I-195 Land and Related Bond Transaction.
  4. Status of Executive Director Search.

    5. III. Public Session

  5. Review of Status of Purchase of I-195 Land and Related Bond Transaction and Vote to Approve Terms of Purchase and Bond Transaction.
  6. Chairman’s Report/Agenda for May 13, 2013 Meeting.
  7. Vote to Adjourn.
In 195 Relocation Project , , ,
permalink

ProJo: [195] Land panel’s powers debated at redevelopment meeting

Tempers flared at a Route 195 Redevelopment District Commission meeting Monday night over how much control the land panel may ultimately have or whether it’s being asked to cede to the state some control granted to the commission by legislation that created the panel in 2011.

The commission is moving closer to taking control of about 20 developable acres of former highway land, but it did not cast a final vote Monday about whether to proceed with a bond sale that will allow that to happen.

The bond proceeds will pay for the final phase of the $623-million highway-relocation project — knitting together city streets to connect the old highway land with the rest of the city. In financing the highway project, the Rhode Island Department of Transportation pledged a local match to the Federal Highway Administration. The bond sale will raise that money and allow the DOT to transfer control of the land to the commission.

It is hard to sell the land when we haven’t even built the streets and the utilities to it.

Posted by Jef Nickerson on March 12, 2013 In 195 Relocation Project , , , , , ,
permalink 1 Comment
featured-195commission

195 Redevelopment District Commission Meeting – March 11, 2013

gcpvd —  March 11, 2013 — Leave a comment

A meeting of the I-195 Redevelopment District Commission will be held at the office of Rhode Island Economic Development Corporation, 315 Iron Horse Way, Suite 101, Providence, Rhode Island, on Monday, March 11, 2013, beginning at 5:00 p.m., for the following purposes:

I. Public Session

Call to Order: The Chairperson

  1. Welcome by Chairperson: Chairperson Colin Kane.
  2. To approve the public session minutes of the meeting held on February 11, 2013.
  3. Update on Executive Director Search Process.
  4. Review of Legal and Business Issues Regarding Purchase of I-195 Land and Related Bond Closing.
  5. Chairman’s Report/Agenda for April 8, 2013 Meeting.
  6. Vote to Adjourn.
In 195 Relocation Project, Government , , , , ,
permalink

City Council moves to politicize proposed roads bond

Jef Nickerson —  July 23, 2012 — 5 Comments

dean-street-2009

Dean Street re-construction in 2009. The City of Providence proposes a $40b bond to finance repairs to 62 miles of roads and sidewalks in the City.

As reported by Ian Donnis on RINPR, the City Council is meeting tonight to put a provision in the proposed roads bond bill that would give them control over what streets and sidewalks get repaired in their Wards:

RINPR quotes Councilman Terry Hassett:

That was one of the concerns among the council members — making sure that anything that is distributed through a bond for infrastructure that the council member has a direct and specific role in terms of what streets would get done, what sidewalks, and where the emphasis should be. That was the concern.

Dan McGowan of GoLocalProv Tweets the move could result in a Mayoral veto:


Why? Because there has already been a systematic review of roadways in the city that need attention and 62 miles of roadways have been identified as the ones which will be worked on should this bond pass (I hope to see that list before I’m asked to vote on the bond). The Council argues that they know best what their Wards need. What they know best is which streets getting paved get them the most votes towards reelection.

There’s also the simple matter that the bond money should not be equally dispersed among the 15 Councilors. There are Wards that are in more need than others based on trucking, bus routes, sheer road miles, and other factors that mean they should get more or less money than other Wards.

The City has created a formula to rate roads and determine which need working on, there is no reason the Councilors need any more say over that. If they don’t agree with the formula, then address that, don’t say you get to pick and choose what needs doing under some, “trust me, I know what’s best for my Ward,” song and dance.

See also: RINPR: Providence City Hall slams council faction’s plan for allocating road repair money

In Government, Rumor , , , , ,
permalink

Preserving Rocky Point

gcpvd —  May 19, 2010 — Leave a comment
The Warwick Beacon reports on an open house at Rocky Point on June 6th. Also, State Rep. Frank Ferri’s proposed bond issue of $10 million to acquire the remaining 83 acres of land at Rocky Point.
In Asides, Environment, Waterfront , , , , ,
permalink