In accordance with the provisions of section 32-462, during the period commencing November 2, 2007, and ending June 30, 2009, the Department of Economic and Community Development may provide financial assistance from existing programs to Torrington Development Corporation for the purposes of restoration and improvements to property in the city of Torrington, in said time period, in an aggregate amount not to exceed thirty million dollars.
(May Sp. Sess. P.A. 04-1, S. 13; June Sp. Sess. P.A. 07-7, S. 57.)
History: May Sp. Sess. P.A. 04-1 effective July 1, 2004; June Sp. Sess. P.A. 07-7 extended the period of applicability of section from July 1, 2001, to June 30, 2007, to November 2, 2007, to June 30, 2009, and changed name of applicant from Downtown Torrington Redevelopment LLC, to Torrington Development Corporation, effective November 2, 2007.
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.