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Fall River looking for over $10 million in project funds using state’s bond rating

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The City of Fall River is requesting to use the state’s bond rating Wednesday.

According to State Auditor Suzanne Bump, the City is making the request to fund projects by asking for approval to use the rating which is granted by the Municipal Finance Oversight Board.

The meeting with the Board will be held at 11:00 a.m. at the State House in Boston.

Fall River has submitted a Chapter 44A request for $10,457,208 in qualified bonds for the following projects:

Various outdoor recreation facility improvements
Tansey/Watson Feasibility Study
Westall School roof replacement feasibility study
CPA – Bio Reserve Project
Watson School repairs
Phase 19 of water project design and construction
Resiliency Preparatory Academy roof and boiler repairs
Westall School roof and boiler repair/replacement
Snow removal equipment

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