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Tue July 19, 2011
Explaining ahead for Central Falls receiver
By CATHERINE WELCH
PROVIDENCE, RI – Central Falls receiver Robert Flanders Jr will meet with retired police and firefighters Tuesday morning at Central Falls High to discuss their pension. The so-called John Hancock pension is projected to run out of money by October.
Later this week, Flanders is expected to meet with the city council to talk about their role in city government.
For more than a year the Central Falls City Council was pushed aside, and they say they were banned from holding public meetings. But now a new state law requires the receiver to seek advice from the city council.
Councilman Pat Szlashta says he wants the receiver to handle the financials and give the city council the rest of city business.
"I don't care if I'm found in contempt of court by Judge Silverstein, I want to go back to work. I want to do my job that I was elected to do by the people of Ward 3 in the city of Central Falls," says Szlashta.
Flanders has said that Central Falls could end up in bankruptcy by the end of this summer if steps aren't taken to shore up its finances.
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