Cuervo’s Economic Vision for Providence Includes Bringing Nonprofits to Table and Taking Back 195
Thursday, July 28, 2022
Democratic candidate for Mayor of Providence Gonzalo Cuervo unveiled his economic plan to create a “thriving city-wide economy” if elected — and addressed some of the biggest issues facing the city.
In a wide-ranging speech with supporters at a press conference on the steps of City Hall on Wednesday, Cuervo spoke to what he sees as the need to expand neighborhood commerce at the local level — and talked about what he sees as the opportunities to regain city control of 195 land and address the growing expansion of the city’s nonprofits.
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“There was legislation introduced this past session to tax the endowment and to create other mechanisms to extract revenue from our large institutions — particularly in one case Brown University,” said Cuervo.
“I’m not an expert — I don’t know if that’s the solution that works — but if those types of initiatives bring Brown University and Lifespan and other large institutional nonprofits to the table so we can have a frank, honest conversation about having a mutually beneficial and sustainable long-term relationship, I’m all for that,” he added. “I think all options need to be on the table and I’m not afraid to take action with any of them.”
Taking Back 195 Land
“I think it’s critically important that we regain control of that land,” said Cuervo. “The circumstances under which we lost control of that land were very unfortunate. And I think there’s going to be a great new opportunity. There’s going to be new leadership in the city, there’s going to be significant changes at the State House.”
“There will be essentially an opportunity to hit the reset button and restart that conversation and bring control back to the local level, so what we can develop that land in accordance with the city’s comprehensive plan with a long-term vision for sustainability — not just short term objectives,” said Cuervo.
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