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State of Rhode Island General Assembly
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Reps. Giraldo, McLaughlin, Sen. Acosta laud Central Falls voters for approving bond to build high school
STATE HOUSE — Central Falls legislators Rep. Joshua J. Giraldo (D-Dist. 56, Central Falls), Rep. James N. McLaughlin (D-Dist. 57, Cumberland, Central Falls) and Sen. Jonathon Acosta (D-Dist. 16, Central Falls, Pawtucket) are thanking city voters for approving a bond referendum to fund the construction of a new state-of-the-art high school.
The Central Falls legislative delegation sponsored a law (
) earlier this year to authorize the city of Central Falls to issue bonds, notes or other evidences of indebtedness in an amount not to exceed $5.76 million to finance the construction, renovation, improvement, alteration, repair, furnishing and equipping of schools and school facilities in the city.
“This legislation is an absolutely vital chapter in the Central Falls comeback story, and it’s gratifying to see the voters’ overwhelming support,” said Representative Giraldo. “School buildings in the city are in dire need of repair and renovation. The ability of students to effectively learn in those facilities has been seriously compromised, and it has had a negative impact on the health and welfare of the city’s children.”
Rep. James N. McLaughlin (D-Dist. 57, Cumberland, Central Falls), who co-sponsored the legislation and whose district houses Central Falls High School, said, “This is great news for the city, and I’m pleased to see the voters give it so much support. The high school in Central Falls is very old and it’s in pretty rough shape. It’s served its purpose, but the time has come to replace it to ensure the well-being of the city’s students.”
Passage of the legislation allowed the city to submit a bond referendum in Tuesday’s election, which was approved by almost 90 percent of the voters.
“In Rhode Island, when communities build schools, they generally float a bond for the total amount, then the state reimburses the community for most of the funding,” said Senator Acosta. “This legislation allowed Central Falls to take out the bond for the amount it is ultimately responsible for paying, and have the state assure the bondholders and developers that they will be paying the remaining amount. Moving the state’s reimbursement from the back end to the front end helps make this project a reality. I thank the voters of Central Falls for stepping up and approving this measure.”
For more information, contact:
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Providence, RI 02903
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