This bill grants the town of East Greenwich the authority to issue bonds up to a principal amount of $180 million. The bonds can be issued in the form of serial bonds or term bonds, or a combination of both, and will be payable either by maturity of principal or sinking fund installments. The bill also allows the town to enter into financing agreements with the Rhode Island health and educational building corporation and the Rhode Island infrastructure bank. The proceeds from the sale of the bonds will be used to finance the acquisition, improvement, renovation, construction, alteration, furnishing, and equipping of public schools and school facilities in the town. The bill also authorizes the town council to issue interest-bearing or discounted notes in anticipation of the issuance of bonds or receipt of federal or state aid. The principal amount of these notes cannot exceed the principal amount of bonds that may be issued or the estimated amount of available federal or state aid. This bill authorizes the town of East Greenwich to issue up to $180,000,000 in bonds and notes to finance the acquisition, construction, improvement, renovation, alteration, furnishing, and equipping of public schools and school facilities in the town. The funds can also be used for costs of design, demolition, athletic fields, landscaping, parking, and financing. The town council will determine the exact amount of bonds and notes to be presented to the voters, as well as the specific schools and facilities to be financed.