- Associated Press - Tuesday, May 31, 2016

PROVIDENCE, R.I. (AP) - The corporation that runs Providence’s deep-water port is working with state lawmakers to get a $20 million bond initiative on the November ballot to finance the port’s expansion.

ProvPort spokesman Bill Fischer tells WPRI-TV (https://bit.ly/1RJEEhx) that the port operator wants to tap into new markets that could emerge following the expansion of the Panama Canal.

Senate Majority Leader Dominick Ruggerio, a North Providence Democrat, introduced a bill Friday that would put the bond question to voters in November.

The money would be used to acquire land and build a new marine terminal.

The Senate Finance Committee is scheduled to hold a hearing Wednesday.

There’s already another port-related bond question proposed for November. Democratic Gov. Gina Raimondo wants to borrow $70 million to rebuild piers at Quonset Point in North Kingstown.


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