Taveras nets COLA freeze and Lifespan payments

PROVIDENCE, RI – Providence Mayor Angel Taveras appears to be making progress toward his budget goals for the capital city. The Providence City Council has given its final approval of a measure freezing cost-of-living adjustments for city retirees and current workers. The Mayor has also announced the hospital network Lifespan will give the city $800,000 dollars in voluntary payments each year for the next three years. Last but not least - Taveras has also scheduled a news conference with Governor Lincoln Chafee and the president of Brown University this morning. The Providence mayor has been seeking voluntary payments from Brown and other tax exempt institutions that he hopes will total more than $7 million dollars.

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