Karen Grandy, a highly respected bond counsel from Lock Lord, took the spotlight at the East Greenwich Town Council meeting on October 21, 2024. With extensive experience in revenue and general obligation bonds, Grandy has been instrumental in guiding various Rhode Island communities through complex bond issues.

Her presence at the meeting was crucial as she provided insights into the development of bond language for a significant $150 million bond, part of a larger $180 million maximum amount legislation. Grandy emphasized the importance of understanding the nuances of bond issuance, including premiums and other factors that could impact the project.

The council recognized Grandy’s expertise as vital for navigating the intricacies of municipal law and bond issuance, ensuring that members were well-informed about the financial implications of their decisions. Following her presentation, Steve Massaroni was set to continue the discussion, indicating a thorough exploration of the financial strategies at play for the town.

This meeting marks a pivotal moment for East Greenwich as it prepares to tackle significant financial projects, with expert guidance steering the way forward.