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RI Infrastructure Bank, Officials, Tour Hardig Road Work

[CREDIT: RI Infrastructure Bank] From left: Councilman Anthony Sinapi, DPW Director Eric Earls, Mayor Frank Picozzi, and RI Infrastructure Bank CEO Jeffrey Diehl toured work on Hardig Road Thursday.

WARWICK, RI — Warwick Mayor Frank Picozzi joined Rhode Island Infrastructure Bank members to tour $10 million worth of road construction work underway on Hadrig Road.

Rhode Island Infrastructure Bank approved a loan funding the $10 million Warwick road repair plan last year. Warwick’s using the loan to design, construct, and repair streets and sidewalks. The weighted average interest rate of the 10-year loan is 1.24 percent, and the Infrastructure Bank estimates that approximately 100 jobs will be created through the work implemented by the funding

The site visit is part of United for Infrastructure Week, a nationwide effort to highlight the critical need to invest in and maintain our nation’s critical infrastructure.

 

 

Rob Borkowski
Author: Rob Borkowski

Rob has worked as reporter and editor for several publications, including The Kent County Daily Times and Coventry Courier, before working for Gatehouse in MA then moving home with Patch Media. Now he's publisher and editor of WarwickPost.com. Contact him at [email protected] with tips, press releases, advertising inquiries, and concerns.

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