PAWTUCKETâ€”Casting a Grinch-like mood over City Hall, Fitch Ratings announced Wednesday that is has downgraded Pawtucket's general obligation bonds by two notches and has removed the city's rating from a â€śwatchâ€ť status to a â€śnegative rating outlook.â€ť
The downgrade to â€śBBB-â€ť from â€śBBB+â€ť affects three categories of general obligation bonds: $6.38 million, series 2001; $3.46 million refunding bonds, series 2002B; and $11.05 million, series 2005. The new bond rate is just one notch away from â€śjunk bond status.â€ť
PAWTUCKET â€” â€śSanta to the Starsâ€ť Brady White is now a screen star in his own right with a new music video that is appearing on YouTube.
Called â€śSanta's Wrap,â€ť the video features the Pawtucket resident performing a rap-style song that he wrote himself. Since it made its debut earlier this month, â€śSanta's Wrapâ€ť has garnered over 31,000 hits on the Internet video site. The easiest way to access the video is by looking up â€śSanta's Wrapâ€ť on Google or by visiting YouTube and searching â€śSanta's Wrap.â€ť