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Finance committee declines to recommend $6.2 million Benefit Street sidewalk borrowing; members cite timing and equity concerns
Summary
After extended testimony from Mile History Association and city staff, the Finance Committee voted to recommend denial of an ordinance that would authorize up to $6.2 million in borrowing for Benefit Street sidewalks and streetscape improvements, citing timing, budget strain and distributional concerns.
The Providence Finance Committee voted to recommend against approval of an ordinance that would authorize up to $6,200,000 in city borrowing to finance sidewalk, tree-well and Americans with Disabilities Act (ADA) improvements on Benefit Street.
The proposal, offered in collaboration with the Mile History Association and city engineering staff, would have used a subsidized loan product available through the Rhode Island Infrastructure Bank or a similar vehicle. Presenters described a detailed streetscape study identifying cracked…
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