PAWTUCKETâCasting 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 âwatchâ status to a ânegative rating outlook.â
The downgrade to âBBB-â from âBBB+â 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 âjunk bond status.â
PAWTUCKET â âSanta to the Starsâ Brady White is now a screen star in his own right with a new music video that is appearing on YouTube.
Called âSanta's Wrap,â the video features the Pawtucket resident performing a rap-style song that he wrote himself. Since it made its debut earlier this month, âSanta's Wrapâ has garnered over 31,000 hits on the Internet video site. The easiest way to access the video is by looking up âSanta's Wrapâ on Google or by visiting YouTube and searching âSanta's Wrap.â