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A new Pawtucket Red Sox stadium financing plan unveiled by House leadership late Wednesday would use future tax revenue in a large area of the city's core to pay for a new ballpark and surrounding infrastructure. It would also give public officials the power seize land for the stadium by eminent domain.
May 31 -
Treasurer Seth Magaziner hopes to attract more investors to Rhode Island's bond program.
May 18 -
Though they may sound as far apart as they ever were on public-financing of a new Pawtucket Red Sox stadium, House Speaker Nicholas Mattiello and Pawtucket Mayor Donald Grebien appear to have found what one calls a "framework" and the other "a pathway" for a possible deal.
May 17 -
Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.
April 6 -
The competitive issuance will include roughly $35 million of taxable bonds.
April 2 -
Rhode Island voters give the public schools a passing grade and two-thirds of them support the proposed $250-million state bond issue for public school repair and construction.
February 26 -
Benefit changes for the city’s public safety pensions will remain, said Moody's Investors Service.
February 5 -
The city's bond lawyer was not at the meeting and the board wasn't given a fiscal note saying how much the borrowing would actually cost.
January 23 -
House Speaker Nicholas Mattiello said he would hold hearings on the $83 million package.
January 17 -
The full Senate could vote next week on a financing package to replace 75-year-old McCoy Stadium in Pawtucket.
January 10