RIPEC to examine EDC, as Chafee names 3 to board

THE R.I. PUBLIC Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. / PBN FILE PHOTO/RUPERT WHITELEY
THE R.I. PUBLIC Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. / PBN FILE PHOTO/RUPERT WHITELEY
PROVIDENCE – The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. The examination, which will take place over the next 90 days, will focus on the essential functions,…
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