Rhode Island Higher Education Facilities Bonds, Question 4 (2014)

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Question 4
Flag of Rhode Island.png
TypeAutomatic ballot referral
TopicBonds
StatusApproved Approveda
2014 measures
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November 4
Question 1 Defeatedd
Question 2 Approveda
Question 3 Defeatedd
Question 4 Approveda
Question 5 Approveda
Question 6 Approveda
Question 7 Approveda
Polls

The Rhode Island Higher Education Facilities Bonds, Question 4 was on the November 4, 2014 ballot in Rhode Island as a bond issue, where it was approved. The measure authorized the issuance of up to $125 million in bonds to construct a new College of Engineering building and undertake supporting renovations.[1]

Election results

Below are the official, certified election results:

 Rhode Island Question 4
ResultVotesPercentage
Approveda Yes 186,616 63.6%
No107,01636.4%

Election results via: Rhode Island Board of Elections

Text of measure

Ballot title

The official ballot text was as follows:[1]

Rhode Island Question 4 2014 ballot title.png[2]

Ballot summary

The ballot summary appeared as follows:[1]

HIGHER EDUCATION FACILITIES BONDS
$125,000,000
(Chapter 145 - Public Laws 2014)

Approval of this question will allow the State of Rhode Island to issue general obligation bonds, refunding bonds, and temporary notes in an amount not to exceed one hundred twenty-five million dollars ($125,000,000) to construct a new College of Engineering building and undertake supporting renovation. The new building will anchor the northwest corner of the Engineering Quadrangle on the Kingston Campus and provide contemporary and state-of-the-art instructional and research facilities. As part of this project, outdated engineering buildings will be taken out of service and razed.[2]

Support

RIQ42014.png

The group Engineering Rhode Island's Future formed to support Question 4.[3]

Supporters

Arguments

  • Andrew Aitkin, retired vice president at New England Power Co., provided the following reason as to why voters should approve Question 4: "Nothing can do more to improve the Rhode Island economy than this bond authorization. URI [University of Rhode Island] engineering is the real deal. Don’t let this opportunity get away from you.”[5]
  • The University of Connecticut, one of URI’s primary competitors, was moving forward with a new engineering and science complex, set to open during the 2016-17 academic year.[5]
  • At the time of the measure's approval, URI's engineering facilities had not been updated in over 50 years.[5]
  • The URI project would directly generate nearly 1,500 construction-related and professional service jobs during a three-year period.[3]

HB 7133 "Yes" votes

The following members of the Rhode Island General Assembly voted in favor of placing this measure on the ballot.[6][7]

Note: A yes vote on HB 7133 merely referred the question to voters and did not necessarily mean these legislators approved of the stipulations laid out in Question 4.

House

The following representatives voted in favor of HB 7133:

Senate

The following state senators voted in favor of HB 7133:

Campaign contributions

Total campaign cash Campaign Finance Ballotpedia.png
as of December 2, 2014
Category:Ballot measure endorsements Support: $480,800
Circle thumbs down.png Opposition: $0

As of December 2, 2014, one campaign organization supporting Question 4 had received an aggregate total of $480,800 in contributions.[8]

PAC info:

PAC/Ballot measure group Amount raised Amount spent
Friends of Question #4 $480,800 $455,504
Total $480,800 $455,504

Top contributors:

Donor Amount
URI Foundation $400,000
URI Alumni Association $40,000

Opposition

Arguments

According to a study by the Rhode Island Public Expenditure Council, the four approved bond questions on the 2014 general election ballot could actually cost taxpayers approximately $400 million when interest payments are accounted for. Interest payments on the four bond proposals, which together total $248 million, could cost taxpayers an additional $117 to $150 million over a 20-year period, assuming an estimated interest rate of 4 to 5 percent.[9] The full study can be read here.

HB 7133 "No" votes

The following members of the Rhode Island General Assembly voted against placing this measure on the ballot.[6][7]

Note: A no vote on HB 7133 meant that a legislator did not want to refer the question to voters and did not necessarily mean these legislators disapproved of the stipulations laid out in Question 4.

House

The following representatives voted against HB 7133:

Senate

The following state senators voted against HB 7133:

Media editorial positions

See also: Endorsements of Rhode Island ballot measures, 2014

Support

  • The Providence Journal said,
For some time, Rhode Island companies have decried the shortage of engineers. Most would like to fill these well-paying jobs with local graduates. Toray Plastics has pledged an additional $2 million for the engineering school if the bond issue is approved. The family foundation associated with Taco will donate $400,000. The referendum is supported by several other businesses as well, along with the Greater Providence Chamber of Commerce. Voters should join them, and approve this worthwhile investment.[2]
Providence Journal[10]

Path to the ballot

Question 4 was introduced into the Rhode Island Legislature as House Bill 7133. The bill was related to appropriations in general and also included acts authorizing Questions 5, 6 and 7.[11] Therefore, Rhode Island Questions 4, 5, 6 and 7 were all included on the general election ballot following the passage of HB 7133. The bill was approved in the Rhode Island House of Representatives on June 13, 2014, and in the Rhode Island Senate on June 16, 2014. The governor signed the bill on June 19, 2014.[12]

House vote

June 13, 2014 House vote[13]

Rhode Island HB 7133 House Vote
ResultVotesPercentage
Approveda Yes 63 84.00%
No1216.00%

Senate vote

June 16, 2014 Senate vote[7]

Rhode Island HB 7133 Senate Vote
ResultVotesPercentage
Approveda Yes 32 86.49%
No513.51%

See also

External links

Basic information

Support

Footnotes