Mayor Jorge O. Elorza today announced that the City will offer free, two-hour parking in designated commercial districts in alignment with Providence Restaurant Weeks through February 6, 2021.
Mayor Jorge O. Elorza today announced that the City of Providence has closed its 2021 General Obligation Refunding Bond transaction. The City issued new tax-exempt bonds with a five-year final maturity at a True Interest Cost of 0.93% and new taxable bonds with a seven-year final maturity at a True Interest Cost of 2.02%. These new bonds pay off existing bonds at a rate of 4.99%. That interest rate differential will provide $1.8 million in savings this fiscal year (FY21) and $220,000 next year (FY22) for a total savings of $2.02 million.
Mayor Jorge O. Elorza today joined Councilwoman Helen Anthony, Councilman Pedro Espinal, and community partners to announce a suite of initiatives aimed at addressing the climate crisis and institutionalizing the Climate Justice Plan.
The world watches in awe when Americans vote and engage in a peaceful transition of power every four years, especially when we elect a President. We set the example for other nations to follow. What is occurring in Washington DC is not how our country holds elections.
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