(a) Each awarding authority shall require each recipient of economic development financial assistance for a threshold project to report annually to the authority on its progress toward achieving the public policy objectives which they have agreed to under subsection (b) of section 32-453. The awarding authority shall provide a copy of such report (1) to the chief elected official of the municipality in which the project will be located, upon the request of such official, and (2) to any employee representatives of the business, upon the request of such representatives.
(b) Upon submitting each biannual report required under subsection (c) of section 32-11a or section 32-47a, each awarding authority under said provisions shall transmit a report on each threshold project (1) to the chief elected official of each municipality in which the project is located, upon the request of such official, and (2) to any employee representatives of the business, upon the request of such representatives. Each report shall include a notice indicating that (A) the information in the report is also being submitted to the joint standing committees of the General Assembly having cognizance of matters relating to the Department of Economic and Community Development, appropriations and capital bonding, and (B) comments, including comments on employee and community participation in implementing the project, may be submitted to such committees.
(P.A. 94-231, S. 5, 9; P.A. 95-250, S. 1; P.A. 96-211, S. 1, 5, 6; P.A. 05-191, S. 7.)
History: P.A. 94-231 effective October 1, 1994, and applicable to applications for economic development financial assistance submitted on or after said date; P.A. 95-250 and P.A. 96-211 replaced Commissioner and Department of Economic Development with Commissioner and Department of Economic and Community Development; P.A. 05-191 amended Subsec. (b) by deleting reference to reports required under Sec. 32-1i and making a technical change.
Structure Connecticut General Statutes
Title 32 - Commerce and Economic and Community Development
Chapter 588u - Financial Assistance: General Provisions
Section 32-450. - Definitions.
Section 32-451. - Public policy objectives for threshold projects.
Section 32-452. - Information required for threshold projects.
Section 32-453. - Additional criteria for award of financial assistance.
Section 32-456. - Logs of pending requests for assistance.
Section 32-457. - Confidential or proprietary information or trade secrets.
Section 32-458. - Liabilities of applicants for financial assistance.
Section 32-459. - Return or use of unused grant awards.
Section 32-462a. - Authorization for financial assistance to Torrington Development Corporation.
Section 32-462b. - Authorization for financial assistance to the Steel Point project in Bridgeport.
Section 32-479. - Development of goals, objectives and outcome measures. Annual reports.
Section 32-480. - Encouragement of utilization of high performance work practices.