Leveraging Higher Education to Create 21st Century Jobs Bonds - $45,500,000
Rhode Island Ballot Measure - Question 4
Election: Nov. 8, 2016 (General)
Outcome: Passed
Categories:
Higher EducationConstitution
Summary
These bonds would provide funds to the State of Rhode Island to pay for higher education-related construction projects. The State intends to use $25,500,000 from these bonds to renovate and construct an addition to Bliss Hall, one of the oldest buildings at the University of Rhode Island College of Engineering. This renovation and construction is the continuation of comprehensive improvements to the University of Rhode Island College of Engineering.
An additional $20,000,000 from these bonds will be used to bring the University of Rhode Island together with businesses by building an innovation campus that supports cutting-edge research into products, services and businesses that will build Rhode Islands economy. An innovation campus must involve the University of Rhode Island, exceed the states investment with private and/or federal funds, include at least one business partner, and act as a catalyst for a substantial number of new jobs at a variety of skill levels.
Measure Text
LEVERAGING HIGHER EDUCATION TO CREATE 21ST CENTURY JOBS BONDS - $45,500,000
To make capital investments in higher education-related projects, to be allocated as follows:
(a) University of Rhode Island College of Engineering: $25,500,000
(b) University of Rhode Island Affiliated Innovation Campus Program: $20,000,000
Your vote to Approve means that you support the state issuing $45,500,000 in general obligation bonds to fund higher education-related construction projects at the University of Rhode Island.
Your vote to Reject means that you are against the state issuing $45,500,000 in general obligation bonds to fund higher education-related construction projects at the University of Rhode Island.
Resources
Official Summary
Full Text
Source