Central Falls crowdfunding
project hits $10,000 goal

Crowdfunding is a success in Central Falls – the city reached its $10,044 goal through the out-of-the box funding mechanism of Citizinvestor.com to pay for artful, culturally relevant and environmentally important trash and recycling bins for Jenks Park. More

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Central Falls crowdfunding
project hits $10,000 goal

COURTESY CITY OF CENTRAL FALLS
CENTRAL FALLS is using crowd funding to have new trash and recycling bins designed and built by the Steel Yard to replace old and unsightly bins currently in the city’s Jenks Park.
Posted 12/17/13

CENTRAL FALLS – Crowdfunding is a success in Central Falls – the city reached its $10,044 goal through the out-of-the box funding mechanism of Citizinvestor.com to pay for artful, culturally relevant and environmentally important trash and recycling bins for Jenks Park.

“It took us a little by surprise – we reached our goal 17 days early,” said Central Falls Director of Planning and Economic Development Stephen Larrick. The crowdfunding project was scheduled to wrap up Dec. 22 in the all-or-nothing format of citizinvestor.

“We got a few bigger donations that put us over the top,” said Larrick. “Students the Segue school raised $500.” That’s Segue Institute for Learning, a charter school for 6th to 8th grades in Central Falls.

The park renovation project got an anonymous donation of about $2,000 and a legislative grant though state Rep. Agostinho Silva, D-Central Falls, said Larrick.

The Steel Yard will submit a timeline in early January for design of the sculptural bins. The community will have input in the design process.

Of the total funding, the project cost is $9,300 with 5 percent to Citizinvestor and 3 percent to pay for credit card servicing for the online donations.

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