Warwick sells $3.2M in bonds at ‘historic low’ interest rate

WARWICK – Mayor Joseph J. Solomon recently announced the city has sold $3.2 million in bonds for LED streetlight conversions, according to a news release. The 0.7% interest rate is better than the city’s previous historic low of 1.24%. The funding for the project comes from a loan with the Rhode Island Infrastructure Bank. Solomon…

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