Solomon won’t serve on PEDP board if elected mayor

By Dan McGowan

PROVIDENCE, R.I. (WPRI) – City Council President Michael Solomon said Tuesday he does not intend to serve on the board of the embattled Providence Economic Development Partnership (PEDP) if he’s elected mayor later this year.

Solomon, who is a minority partner in a business that still owes the city more than $400,000 from a taxpayer-funded loan given in 1987, said he wants to “take the politics out of lending” from an agency that has the “potential to catalyze economic development and create jobs in our capital city.”

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