Pawtucket City Council to consider borrowing $20M for Apex acquisition and redevelopment

Updated at 3:03 p.m.. on Nov. 10, 2020.

THE PAWTUCKET CITY COUNCIL will introduce a resolution allowing the city to borrow up to $20 million to acquire and redevelop the Apex site. / PBN FILE PHOTO/ARTISTIC IMAGES
PAWTUCKET – The city of Pawtucket is considering borrowing up to $20 million to acquire and redevelop the Apex site. A resolution slated for introduction at tonight’s City Council meeting would give the Pawtucket Redevelopment Agency authority to issue up to $20 million in bonds or other forms of debt to acquire and “prepare the…

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