- Associated Press - Wednesday, January 15, 2014

PROVIDENCE, R.I. (AP) - Providence Mayor Angel Taveras’ administration wants a forensic audit of the Urban League of Rhode Island before the city considers a plan to sell the nonprofit group’s property.

Taveras spokesman David Ortiz told The Providence Journal (https://bit.ly/1dvrYN9 ) that an accounting firm will visit the Urban League on Thursday to determine the audit’s scope and cost.

The Urban League serves the poor and disadvantaged. The city deeded the Prairie Avenue property to the group for $1 in 1990 with the condition it be returned to the city if the organization moves. The city has to approve any sale, and officials say they want to make sure the group’s finances are in order.

The Urban League has plans to sell the property for $2.6 million and pay off $2 million in debt.

___

Information from: The Providence Journal, https://www.providencejournal.com

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide