TANs
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Commission welcomes Google windfall, cautions it’s not a cure-all
EAST PROVIDENCE — Among other money matters discussed at its Thursday, Jan. 17, meeting, the East Providence Budget Commission acknowledged the impact of the recent release to the city of some $49 million in Google case settlement money, though also cautioned it was not a cure-all to its unfunded pension ills. Commission Chairman Diane Brennan [...]
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Bank approves TANs loan for East Providence
EAST PROVIDENCE — East Providence’s loan application with Webster Bank for Tax Anticipatory Notes or “TANs” has been approved, City Finance Director Malcolm Moore informed the Budget Commission at its meeting Thursday afternoon, Dec. 13. Webster Bank loan officer James Ryan, who appeared at the commission’s Nov. 29 meeting to discuss the topic, made Mr. [...]
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