I am pleased a measure I backed to benefit the manufacturing industry in the state is headed to the governor’s desk for signing. Despite this short session, and facing as many challenges as we did, we were able to adopt various business friendly measures like this one that will support the foundation of companies like Boehringer!
Significant funding for Danbury High School was adopted in Senate Bill #503 that authorized bonds for capital improvements, transportation, and school building projects. $31.7 million will be reimbursed to the City of Danbury for the construction of a new Freshman Academy at Danbury High School – a project totaling over $50 million.
I welcome news that Wells Fargo is moving their commercial lending operations bought from General Electric back in March to Danbury. The company will set up their offices at Lee Farm Corporate Park, where GE had their previous GE Capital operations.
The State Bond Commission approved $2 million in funds for Danbury’s Naugatuck Valley Community College campus for laboratory equipment. This local campus is important for students who want to stay close to home while they pursue an affordable college degree to help them get ahead.