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Providence Mayor Jorge Elorza on Monday announced a working group to reconsider how to address the city s massive unfunded pension liability. The announcement comes after a bill to authorize a $704-million pension obligation bond failed to pass before the close of the legislative session. However, Elorza said it s not an idea that we have abandoned but something that we’re going to actively look at. The scope of our procedure should not be limited to just that, he added, making clear that he will also consider alternatives. Let’s look truly comprehensively to what reform looks like for our structural financial challenges that we have.” ....
States Where the Economy Has Recovered the Most From COVID-19 By Isabella DeLeo, Stacker News On 7/14/21 at 8:00 PM EDT While the full economic impact of the coronavirus can only be revealed in the months and years ahead, one thing is fairly likely: Rebuilding the nation will depend largely on how well America can continue to contain the spread of COVID-19. As of June 2021, nearly 50 percent of Americans have received at least one dose of the vaccine, which has allowed states and businesses to more fully reopen, increasing spending and revenue. But even as many states have returned to some semblance of normalcy, most statewide economies will need more time before they ve returned to pre-pandemic levels. ....
Bathroom dispute highlights uncertainty about Kennedy Plaza's future pbn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pbn.com Daily Mail and Mail on Sunday newspapers.
Providence Foundation voices concerns, asks for more time on city TSA reform Updated at 2:01 p.m. on May 19, 2021. CLIFF WOOD, executive director of The Providence Foundation, has asked the Providence City Council to hold off on approving changes to its tax stabilization agreement policies. / PBN file PHOTO/MICHAEL SALERNO PROVIDENCE – As the City Council prepares to take its second, and final, vote on more stringent requirements for developers whose projects receive city tax breaks, a local civic group representing prominent business leaders is asking lawmakers to take a step back. The Providence Foundation in a press release on Tuesday outlined a host of concerns with the proposed Tax Stabilization Investment Act, calling for further consideration of how changes such as wage and apprenticeship requirements and expanded council review might impede development and the benefits projects bring to the city. ....
Collaborate to revive downtown Cliff Wood was named executive director of The Providence Foundation in 2017, with a goal of promoting the physical, economic and cultural development of the capital city’s downtown. He’s also served as the Downtown Providence Parks Conservancy’s executive director since 2008. / PBN PHOTO/MICHAEL SALERNO Cliff Wood | The Providence Foundation executive director When people come back to downtown Providence, they need to find it safe, active and inviting. Here are some ways business and nonprofit leaders can help make the vision a reality through their own staffs and operations: Patronize: • Support through sponsorship, promotion and engagement programming activities… ....