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Archive - Apr 3, 2013 - News Article

Council to hear pension plan Thursday night

April 3, 2013

dkirwan@pawtuckettimes.com
PAWTUCKET — The City Council has scheduled a special session Thursday night to discuss the Grebien Administration's suggested solution to the severely underfunded police and fire pension plan.
The meeting will be held at 6:30 p.m. in the City Council's Office, Room 303, at Pawtucket City Hall. Council President David Moran said he called the meeting so the councilors could learn more details about the proposed Funding Improvement Plan (FIP) that Mayor Donald Grebien's administrative team has developed.

Looff Carousel to open; park gears up for spring

April 3, 2013

dkirwan@pawtuckettimes.com
PAWTUCKET — It's officially time to ditch the hats and mittens...the Looff Carousel in Slater Park will be opening its doors this weekend to set the spring season in motion.
According to Cindy Medeiros of the city's Parks and Recreation Department, the historic carousel will begin its weekend hours of operation this Saturday, April 6, from 11 a.m. to 5 p.m. From April 6 to June 30, it will be open on Saturdays and Sundays only, from 11 a.m. to 5 p.m. After June 30, the carousel will operate seven days a week.

Woonsocket Rep. looks to cut payday loan rate incrementally

April 3, 2013

PROVIDENCE – Woonsocket Rep. Lisa Baldelli-Hunt says lawmakers who insist on reducing the annualized percentage rate for payday loans down from the current 260 percent to 36 percent immediately are “detrimental to the cause” of reforming an industry she sees as equivalent to “loan sharking.”
Baldelli-Hunt has once again filed legislation that would cut the interest rate down to 130 percent, or a two-week rate of $5 for every $100 borrowed.

 

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