$2.5 Million Local Bond Question for Cranston Voters This Election

On Election Day, Cranston voters will be asked to approve or reject a $2.5 million bond question that would finance a bevy of repairs and upgrades to local recreational faciltiies.

The ballot question will be known as Local Question 8 and will appear on the back of the ballot after seven state questions.

If approved, the city will have voter permission to borrow up to $2.5 million to finance replacement of equipment at various playgrounds, tennis and basketball court renovations, Briggs Farm parking lot renovations, upgrades to the seats at Cranston Stadium and improvements at Budlong Pool.

The estimated total cost of the projects, including a $48,000 issuance cost, is $3.89 million. The estimated annual hit to the city budget for debt repayments would be $190,000 per year over the 20-year bond period.

The exact text of the ballot question is as follows:

8. PLAYGROUNDS AND ATHLETIC FIELDS

$2,500,000

BONDS AND NOTES

(Chapters 438/474 – Public Laws 2012)

“Shall an act passed at the 2012 session of the

general assembly entitled ‘An act authorizing the city of Cranston to finance the acquisition, construction, improvement, renovation, repair, alteration and equipping of playgrounds and athletic fields in the city of Cranston by the issuance of not more than $2,500,000 bonds and/or notes therefore’ be approved?”

Polling Locations can be identified and sample ballots viewed at https://sos.ri.gov/vic/.  More election information can be found at the Cranston Board of Canvassers web page, which can be accessed through the City of Cranston website at www.cranstonri.com or by calling the Cranston Canvassing office at 780-3127.