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$2.5 Million Local Bond Question for Cranston Voters This Election

Be ready for Question 8, Cranston voters. The $2.5 million bond question is for renovation and replacement of equipment at local recreation facilities.

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.

Tony L November 10, 2012 at 10:36 AM
To all, You want some Numbers well here we go, prior to the synthetic turf being installed at the Stadium the parks and Recreation departments highest revenue in any given fiscal year was $33,000.00. Since fiscal year 07-08 through 2011- 2012 the Recreation Department has brought in nearly $1,500,000.00 in revenues to the great City of Cranston. Do the math that's 5 fiscal years into $1,500,000.00 OMG that's an average of $300,000.00 per year, facts my friends that can be backed up with City revenue reports.
Tony L November 10, 2012 at 01:22 PM
Still waiting for your response Bob.
Bob November 10, 2012 at 01:40 PM
F OFF...how's that Lil Man
Bob November 10, 2012 at 01:41 PM
F OFF
Tony L November 10, 2012 at 01:51 PM
That's exactly what I expected, thank you for your classy response.

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