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City Council Passes Tax Stabilization Agreement for New Development in the City’s West End

City Council Passes Tax Stabilization Agreement for New Development in the City’s West End

“Providence is Open for Business”

Tonight, the City Council approved a Tax Stabilization Agreement (TSA) for a new development to be located along Parade Street across from Dexter Park. This is significant for the City, and it signals to developers and other businesses that even though the COVID-19 pandemic has caused severe financial hardships, growth and new building continues to happen.

“When you look at how much the City has suffered financially from the ongoing pandemic, it is rewarding to see developers that believe in our future,” stated Councilman John J. Igliozzi, Esq. and Chairman of the Council’s Committee on Finance. “TSAs are an important tool to help developers create new developments and spur growth in the City. As we know, the City is facing a serious housing shortage, and I believe that the developer is committed to ensuring equity and affordability along with much-needed new units.”

This project will repurpose and rehabilitate an existing abandoned historic structure and add a new building to the neighborhood. They are creating jobs during the building phase and new residential units. The developers have stated that they intend to keep them affordable and in line with current rents in the community.

Currently, the City realizes around $32-Thousand in taxes annually from this property. At the end of the agreement, taxes realized by this property will be over $400-Thousand. The TSA the developers have applied and were approved for is a 15-year TSA and they have committed to reaching specific benchmarks:

  • 10 percent of the dollar value of the construction will be used to hire women and minority-owned businesses;
  • The developers with the Director of First Source Providence to hire local trades people for the construction;
  • The developers have agreed to make a reasonable faith effort to buy all construction materials locally from vendors within the City of Providence;
  • The developers have agreed to ensure that 100 percent of the hours worked on the project will be performed by trade construction subcontractors who have or are affiliated with an apprenticeship program;
  • The property owner will also make annual payments of five percent of the abated tax for each year during the agreement to the City Council Parks and Recreation Fund.

Additionally, 10 percent of all tax revenue realized from the project will be earmarked for the Providence Affordable Housing Trust Fund. In October of 2020, the Council approved the Providence Redevelopment Agency to capitalize the Fund through a $20-Million bond, which is anticipated to make up to 1,500 affordable homes possible in the next three years.

To read the full ordinance, click here: https://bit.ly/37stlN1

Statement from Council President Sabina Matos on the Passing of the Honorable State Superior Court Judge Alton Wiley

Statement from Council President Sabina Matos on the Passing of the Honorable State Superior Court Judge Alton Wiley

I am saddened to learn of the passing of the Honorable Superior Court Judge Alton Wiley, an accomplished jurist and a man who broke down barriers.

Judge Wiley’s role as the first black judge to sit on the Rhode Island District and Superior Courts was proof that anything is possible with hard work and dedication. Not only did he break barriers, but he served the State of Rhode Island for decades with integrity, intellect, and allegiance to the law.

It is public servants like him who value virtue, equality, and opportunity that make the State of Rhode Island such a wonderful place to be. He will be sorely missed by all those who knew him.

I extend my most sincere condolences to Judge Wiley’s family and friends and pray that his memory is a blessing to all who knew him.

Sabina Matos, President
Providence City Council
Councilwoman – Ward 15

City Council’s Tax Stabilization Program Projected to Add More Than  $454-Million of Additional Revenue by 2040

City Council’s Tax Stabilization Program Projected to Add More Than $454-Million of Additional Revenue by 2040

At the Council’s Committee on Finance meeting held last night, Dante Bellini, City Controller, shared with the Committee the current Tax Stabilization Agreement (TSA) Portfolio. The presentation projected year-over-year cumulative added revenue for the City of Providence. Indicating that as these TSAs mature and become fully taxable, they will add more than $454-Milliion cumulatively to the city’s tax roll by 2040.

“TSAs are a tool that municipalities use to help build its tax base, and they work,” stated Councilman and Chairman of the Committee on Finance John J. Igliozzi, Esq., (Ward 7). “TSAs are important economic generators for cities like Providence. A robust TSA program will spur growth and development and increase our tax base so that we can take the burden of higher property taxes off our residents. If these properties were not developed and were not given a TSA, we would only see tax revenues of just over $6-Millon a year instead of the cumulative growth in tax revenue as each TSA matures.”

The City currently has around 70 TSAs in place, inclusive of the five commercial and residential properties under the I-195 Redevelopment District Commission’s authority. These TSAs run from housing, commercial, and mixed-use properties throughout the City.

“Providence is competing with our growing tax exemption base, which makes up for approximately 40% of the City’s taxable property. Coupled with the economic competition we face from our neighboring cities and towns becoming more economically attractive – whether it’s their taxes or economic development packages, we must remain competitive. Further, we are also competing with our neighboring states. We need to be more macro in our thinking, and that’s what the TSA program is about. We are looking at how we can keep our City moving forward. We need to let developers know that we are open for business, and we have to create economic development packages to spur new growth to continue increasing our tax base,” continued Chairman John J. Igliozzi, Esq.

In the last year, the City has collected $128-Thousand from TSAs for the City Council Parks and Recreational Trust Fund Account and will collect an additional $134-Thousand in the coming fiscal year. This account will continue to grow as the TSA program moves forward; to date, there has been $313-Thousand collected in totality for this account. The Trust Account is overseen by the City’s Superintendent of Parks and can only be utilized for brick and mortar projects like building or rehabbing parks or recreation centers.

Individuals can view the Tax Stabilization Agreement Portfolio here: http://bit.ly/PVDTSAPF.

COVID-19 Vaccination Clinics Announced for February 17, 19, and 20, 2021

COVID-19 Vaccination Clinics Announced for February 17, 19, and 20, 2021

COVID-19 Vaccination Clinics Have Been Announced for this week for Providence Residents 75 and Older:

Wednesday, February 17, 2021: http://bit.ly/3ajpbJi
Managed by Providence Emergency Management Agency

Friday, February 19, 2021: http://bit.ly/3aiqTdS
Managed by Aesthenis Pharmacy in partnership with the City of Providence

Saturday, February 20, 2021: http://bit.ly/3dcbGNm
Managed by Providence Emergency Management Agency

*Internet Explorer will not work with the above-provided links. Anyone who registers that is not 75+ or a resident of Providence will have their appointment cancelled. In the coming days, additional clinic dates will be added to https://www.providenceri.gov/vaccinate/.

Residents who need assistance signing up for an appointment are encouraged to dial 3-1-1 to speak with a representative who can walk you through the enrollment process in English or Spanish. Although additional staff are supporting phone lines, residents should expect longer than normal wait times as MCCS anticipates a higher than normal call volume.

Providence City Council to Host its Sixth Black History Month Celebration by Honoring the Life and Legacy of Michael S. Van Leesten

Providence City Council to Host its Sixth Black History Month Celebration by Honoring the Life and Legacy of Michael S. Van Leesten

Deputy Majority Leader Mary Kay Harris (Ward 11) and the Providence City Council has teamed up with the Providence City Archives to create a Black History Month Online Exhibit and online panel discussion to honor the life and legacy of Michael S. Van Leesten entitled “Michael S. Van Leesten: Bridge Builder.”

The panel discussion will take place on Monday, February 15, 2021, at 7:00 PM. The discussion can be viewed on the City Council Facebook Page, YouTube Channel, or individuals can join the conversation on Zoom. Pre-registration is required: https://bit.ly/PVDBHM

“Every year, I am proud to work with the City Archives to create a Black History Month Exhibit that showcases the numerous contributions that people of color have made to our City. Michael S. Van Leesten was a rock in our community for so many years and touched the lives of everyone he worked with and advocated for. When I was a working single mother, Mr. Van Leesten’s support helped me to build a career as a welder. Later, I had the honor and pleasure of working with him as a community organizer. I am so excited to be honoring him this year and so grateful to his family for sharing so much with us so that we could share his inspiring story with the world,” stated Deputy Majority Leader Mary Kay Harris.

The panel will include: Deputy Majority Leader Mary Kay Harris, Ms. Mary Harrison, Mr. Jordan Van Leesten, Mr. Frank Santos, and Mr. Ray Rickman and will be moderated by City Council President Sabina Matos (Ward 15). The discussion will range from his long history as a freedom fighter to his dedication to education and workforce development. In addition, Mayor Jorge O. Elorza will provide welcoming remarks, Superintendent of Providence Parks, Wendy Nilsson, will join us to give an update on the renaming of the Providence Pedestrian Bridge after Mr. Van Leesten, and City Archivist Caleb Horton and Ziggy Giles from the Providence City Council will discuss the companion online exhibition.

Caleb Horton, Providence City Archivist, shared, “For the past six years, I have had the pleasure of working with Deputy Majority Leader Harris to tell the story of the black community here in Providence using items from our archives. Past exhibits have highlighted both the struggles and the successes of the fight for equality in our City. Unfortunately, the COVID-19 pandemic did not allow us to have an in-person gathering as we have done in years past, but it forced us to think outside the box. Working with Ziggy Giles, Abigail Appel, and Jill Van Leesten, we have put together what I believe to be one of the best exhibits we have ever created. It is interactive, moving, and tells an icon’s story – Mr. Michael S. Van Leesten. I look forward to sharing this special project with the community.”

The exhibit will feature photographs and stories from the decades Mr. Van Leesten spent as an activist for racial equity in voter registration, workforce development, and education reform.

The Van Leesten family has generously shared photographs, articles, and personal stories to help build this exhibit highlighting his lifelong devotion to the City of Providence and social justice throughout the country.

“Mr. Van Leesten’s lifelong dedication to activism and public service will forever serve as a model to all who want to effect positive change in their communities. I am humbled by the many stories of bravery, leadership, and integrity that he left behind. As we celebrate Black History this month, and throughout the year, let us remember those who came before us; the men and women who built the bridges that we have walked across,” stated Council President Sabina Matos (Ward 15).

Michael S. Van Leesten was a graduate of Hope High School, Rhode Island College, and was a veteran of the United States Air Force. He was active in the Civil Rights movement and participated in voter registration efforts in rural Alabama. He later founded and served as the Executive Director of Opportunities Industrialization Center (OIC) of Rhode Island. Additionally, Van Leesten was a consultant and the owner of Van Leesten Associates and served as the Director of Planning and Development for Providence. Van Leesten also went on to serve as the Director of Public Affairs for the Mashantucket Pequot Tribe. In addition to this expansive career, Michael S. Van Leesten was a board member of numerous organizations, including the Board of Regents, Peerless Precision, and Fleet Bank. Van Leesten sadly passed away in August of 2019, leaving behind five grown children and four grandchildren.

“It has been an honor for our family to take part in this event to show the community his passion around his family, friends, and work,” stated Ms. Jill Van Leesten. “He was an amazing and humble man. We miss him dearly and pray that his level of kindness and positive way of being will continue within us and be a gift to share with others. We want to thank the Providence City Council for all of their hard work and dedication. It has been such a pleasure working together on this special project.”

In June of 2020, the Council’s Committee on Urban Redevelopment, Renewal, and Planning (URRP), chaired by Deputy Majority Leader Mary Kay Harris, voted to rename the Providence Pedestrian Bridge in honor of the late Michael S. Van Leesten. As a man who spent his life building bridges for future generations to succeed, it is only fitting that this Providence landmark be named in his honor. In continuation of the Council’s gratitude to Mr. Van Leesten, this Black History Month exhibit was created to share the story of his dedication to the cause of racial and social justice in our City.

Visit the Providence City Council and the Providence City Archives on the web to view the online exhibits and look out for social media posts highlighting Mr. Van Leesten’s life throughout the month. The Michael S. Van Leesten: Bridge Builder online exhibition will permanently remain on the Council and Archives web pages and will continue to be updated with new stories of the rich history that people of color have built in the City of Providence.

City Council Passes Tax Stabilization Agreement for New Development in the City’s West End

City Councilors Call on Residents to Vote “Yes” on Questions Two, Three, and Five in Upcoming Special Election

At last week’s City Council meeting, Councilors put forth several resolutions urging Providence voters to vote “Yes” on ballot referendum questions two, three, and five in the special election taking place on March 2, 2021. In December 2020, Governor Raimondo signed a state budget for the 2021 fiscal year that restored funding to cities and towns, used federal coronavirus relief funds to aid struggling Rhode Islanders, and did not raise taxes. In addition to the FY21 budget, there were also seven bond referendums regarding $400 million in bonds for education, affordable housing, green infrastructure, transportation, and other initiatives. All three resolutions were sponsored by the full Council.

The first resolution, proposed by Councilman John Goncalves (Ward 1), asks that voters vote “Yes” on ballot question two to support a $74 million bond for environmental and recreational projects.

“This bond would create funding for a proposed park on the former I-95 land along with local recreational projects, the dredging of the Providence River, the restoration of local wetlands, much needed municipal resiliency projects, and more. We are encouraging Providence voters to vote ‘Yes’ on question two in order to create meaningful and lasting environmental improvements not only in the City of Providence but across the State of Rhode Island,” stated Councilman John Goncalves.

The second resolution, also proposed by Councilman John Goncalves, advocates that voters vote “Yes” on ballot question five, which includes a $15 million bond for early childhood care and the Educational Capital fund.

“I call on all Providence residents to vote ‘Yes’ on ballot question five. This funding will be key to ensuring our students have a strong start, as early childhood care and education is what supplies children with a solid and broad foundation for success both in and out of school,” stated Council President Sabina Matos.

The third resolution, proposed by Council President Sabina Matos (Ward 15), Deputy Majority Leader Mary Kay Harris (Ward 11), and Councilman John Goncalves (Ward 1), urges residents to vote “Yes” on ballot question three, in support of a $65 million bond for affordable housing projects throughout the state.

“This bond will allocate millions of dollars towards the building and maintaining of affordable housing in Rhode Island. In addition, millions more will go directly towards community revitalization projects. I encourage residents to support this initiative, as affordable housing and community development will be central in the recovery of our economy and public health moving forward,” added Council President Matos.

The special election will occur on Tuesday, March 2, with polls open from 7:00 AM to 8:00 PM. The deadline to submit mail ballot applications is Tuesday, February 9 and early in-person voting begins on Wednesday, February 10.

To request a mail ballot, click here: https://bit.ly/36He8r5
To find your polling location, click here: http://bit.ly/2MowkPz