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Archive - Jan 18, 2012 - News Article

Cops for Kids with Cancer helps Maya

January 18, 2012

CUMBERLAND — Representatives of Cops For Kids With Cancer Wednesday presented a $5,000 donation to the parents of Maya Spadano, a 3½-year-old Cumberland girl who has been battling leukemia.
Robert Faherty, chairman of the charity’s Board of Directors, along with Director John McManus, officially presented the check to the Spadano family at the Cumberland police station.
Cops For Kids With Cancer, a small non-profit organization made of law enforcement incur when their children are diagnosed with cancer.

BULLETIN: Hospital Conversion Application Deemed Complete

January 18, 2012

PROVIDENCE -- The Rhode Island Department of Health and the Department of Attorney General have announced that the Hospital Conversion Application submitted by Steward Health Care and Landmark Medical Center has been deemed complete.
The Department of Health and the AG's office will now start the formal review and evaluation of the application, and have 180 days to complete this step of the process.

Moody's downgrades city's bond rating

January 18, 2012

WOONSOCKET — Moody’s downgraded the city’s bond rating yesterday, dropping it by a full point, from Ba1 to Ba2, a move that could increase financing costs on the city’s $225 million in outstanding bonds and debt.
Moody’s sent Finance Director Thomas Bruce a letter explaining that change is related to past and ongoing school deficits. The company also noted the city’s improved financial management practices and willingness to increase revenues, even in a difficult economic environment.

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