Summary: The resolution authorizes the appropriation of $800,000 to WaterFire Providence, a nonprofit arts organization that has played a significant role in the revitalization of downtown Providence. The organization attracts nearly one million visitors annually, contributing to the local economy with an estimated annual economic output of over $151 million and generating direct tax revenue exceeding $11.9 million for the state. The funding aims to provide operational support for WaterFire's initiatives, including community engagement programs and the rehabilitation of a historic property into the WaterFire Arts Center.