bankruptcy

RI News
8:31 am
Thu December 25, 2014

Central Coventry Firefighters Still Willing To Negotiate As District Heads For Bankruptcy

Coventry town seal

The Central Coventry Fire district’s union says it’s still willing to negotiate even though the district has filed for bankruptcy.  

The governor’s office announced Tuesday a chapter 9 bankruptcy after months of receivership.  Head of the firefighters’ union David Gorman says the bankruptcy will hurt the town of Coventry.  “I still maintain that the governor’s bankruptcy plan will jeopardize public safety even further than we’re at today.  We’re down just 31 firefighters from 52,” said Gorman.  He added that the firefighters have also downsized from five stations to two. 

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RI News
10:56 am
Thu June 19, 2014

No Criminal Charges To Be Filed Against The Central Coventry Fire District

The Rhode Island State Police and the Attorney General have concluded their investigation into beleaguered Central Coventry fire district.  There are no pending criminal charges.

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Economy
8:29 am
Fri May 23, 2014

West Warwick Residents Approve Critical Budget

West Warwick has been teetering on the edge of financial ruin for several years.
Credit Wikimedia Commons

Residents of West Warwick have passed a town budget that scales back services and raises taxes as part of an effort to avoid a financial crisis.  The move is a early step for the town's path to fiscal stability.

The $86.3 million budget comes with plenty of concessions, including cuts in town programs, a 2.9 percent increase in property taxes, and reductions to public employee pensions. But town manager Frederick Presley said the concessions are necessary if West Warwick wants to avoid bankruptcy.

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RI News
4:19 pm
Mon August 5, 2013

Central Falls Paving 16 Roads, Funds Not Earmarked in Bankruptcy Budget

The City of Central Falls plans to repair and pave 16 roads. Mayor James Diossa said the Pawtucket Water Supply Board is ripping up the roads to make repairs to water mains. Instead of just patching the roads back together, the city will completely repave them.

“Pawtucket Water Supply opens up the roads and they were willing to grid the roads and leave it to the point where we just have to cover it with asphalt,” said Diossa, “so that’s why it’s very, very cheap for 16 roads.”

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RI News
2:32 pm
Tue February 12, 2013

Former Central Falls mayor sentenced to 2 years in prison

Former Central Falls Mayor Charles Moreau on his way to getting sentenced to two years in prison
Credit Flo Jonic / RIPR

Former Central Falls Mayor Charles Moreau has been sentenced to two years in prison and ordered to pay a $25,000 fine for accepting gifts from a man who received lucrative city contracts.  Moreau will leave behind a wife and two young sons when he reports to prison March 4th.

Charles Moreau’s hands trembled as Judge Jack McConnell handed down his sentence: 24 months in a federal prison, followed by three years of supervised release and a hefty fine.  

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