Question 4Bond (state borrowing)
History center and preservation bonds
Explain it like I'm 5
The state would borrow money to build a State History Center and help repair historic places. It is like building a safe home for important old papers and objects, then helping local landmarks.
Yes vote
Rhode Island may issue up to $50 million in bonds, with $45 million for a State History Center and $5 million for preservation grants.
No vote
Rhode Island may not issue these bonds for the history center and preservation grants.
The question to ask yourself
Is preserving and displaying Rhode Island history worth borrowing for now?
The case for
- A central facility could better preserve and display important records and artifacts.
- Matching grants could help local museums and historic sites repair their buildings.
- History and cultural sites can support education and tourism.
Backed by: Secretary of State Gregg Amore
The case against
- A new history center may rank below housing, schools, or basic infrastructure.
- Borrowing also creates interest and future operating needs.
- Some voters may prefer existing facilities or private funding.
Opposed by: House Minority Leader Michael Chippendale
- Money
- The official guide estimates $50 million in principal plus $30,125,000 in interest, for $80,125,000 over the bonds' life.
- Don't be misled
- It is misleading to say all $50 million goes to grants, because $45 million is for the center and $5 million is for preservation grants.