The bill authorizes the city of Pawtucket to issue not more than $5,000,000 in general obligation bonds and notes to finance the construction, renovation, improvement, repair, alteration, furnishing, and equipping of public buildings, as well as all costs related to these projects. The bonds may be issued in serial or term forms, with the city council responsible for determining the terms of the bonds. The proceeds from the bonds will be allocated for the specified projects and related costs, with the city treasurer and mayor tasked with executing necessary documents and ensuring compliance with federal laws.

The bill also outlines the process for issuing temporary notes in anticipation of the bonds and allows the city to seek federal or state assistance for the projects. It specifies that the question of the act's approval will be submitted to the city's electors at the next general election or a special election, with the act taking effect upon voter approval. Sections 13 and 14 of the act will take effect immediately upon passage, while the remaining provisions will become effective following the election outcome.