THE CITY OF PAWTUCKET plans to use American Rescue Plan Act funds to cover the extra $10 million it has agreed to put into the Pawtucket soccer stadium. The extra funding, along with an updated tax treaty and ground lease with the project developer, were approved by the Pawtucket City Council on Tuesday. /COURTESY FORTUITOUS PARTNERS
PAWTUCKET – The pieces of the complex financing puzzle for a riverfront soccer stadium development are shifting yet again, with the city now planning to use federal stimulus money – rather than a revenue bond – to help pay for the project. After inflation and supply chain woes spiked costs for the Tidewater Landing development,…
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