These guys are working on this whole line every day, said area resident Larry Valencia. I know theyre super safety conscious and all of that, but why was that train flying on that track where the truck was?
Date: Mar 10, 2022
Category: Headlines
Source: Google
Payment options suggested as 38 Studios' taxpayer bill comes due
Larry Valencia, D-Richmond, asked Governor Chafee's administration director Richard Licht if the state could negotiate a lower payment rate with the bondholders, or perhaps borrow money at today's lower rates to pay the state-guaranteed 38 Studios debt now, and avert the 7-percent interest payments
The House Finance Committee reviewed next year's scheduled payment Tuesday. State Rep. Larry Valencia said he favors negotiating with bond holders to save on interest. But he's opposed to defaulting on the bonds.
Rep. Larry Valencia, a Charlestown Democrat on the House Finance Committee, says he would rather limit state spending on home care for disabled children under the so-called Katie Beckett provision in Medicaid.