PVD Meetings PVD Meetings
Back to Providence Finance Committee

Providence Committee on Finance-Tuesday, November 25, 2025-5:30 PM

Call to Order and Roll Call

14:02 - 14:47

The Committee on Finance regular meeting was called to order on November 25, 2025, at 5:31 PM. A roll call was conducted, confirming the presence of four committee members and the absence of one.

Items 1 and 2: Tax Stabilization Agreement Ordinance Repeal and Amendment

14:47 - 17:33

The committee voted to combine and substitute Items 1 and 2 regarding a tax stabilization agreement for 8000 Realty LLC. Due to a lack of review by the law department, a motion was approved to continue both items for additional work.

Item 3: Appointment of Eugene McBray to the Providence Public Building Authority

17:33 - 37:33

The committee reviewed the mayoral appointment of Eugene McBray to the Providence Public Building Authority for a term expiring in 2028. After reviewing his resume and questioning him on his real estate background and perspective on housing, the committee voted unanimously to approve the appointment.

Item 4: Reappointment of Barank Powley as Executive Director of PERA

37:33 - 01:23:24

The committee considered the reappointment of Barank Powley as the Executive Director of the Providence External Review Authority (PERA) for a two-year term. Powley discussed PERA's achievements, community outreach efforts, and budgetary needs, after which the committee voted unanimously to recommend his reappointment.

Adjournment

01:23:24 - 01:24:05

The chairperson provided closing remarks encouraging continued collaboration between PERA, council members, and state officials. A motion to adjourn was made and approved, concluding the meeting.