$9.7 Million In Bonding For Meriden ProjectsApril 6, 2018
“I am grateful the Bond Commission is prioritizing funding for these critical projects, so they can move forward,” Rep. Hilda Santiago said. “Investments for flood control infrastructure are essential as we continue working towards Meriden’s overall renovation.”
“Our delegation has been trying hard to get the necessary funding for important projects, and in these challenging times we’ve had to work overtime to make sure Meriden gets its fair share,” said Rep. Cathy Abercrombie, the House chair of the Human Services Committee. “Meriden is truly a city on the rise and this money will help us in making Meriden more attractive.”
“The Meriden delegation is working together to bring make sure we keep Meriden on the radar,” Rep. Emil “Buddy” Altobello said. “I am pleased these items are on the Bond Commission agenda and look forward to their approval.”
Funds totaling $6 million are earmarked for providing a loan to 11 Crown Street Associates, LLC to assist with development of rental housing in Meriden. The project consists of 81 new units of rental housing with 64 income-restricted affordable units. The loan will be provided at zero percent interest for a term not to exceed thirty-five years, with payments from available cash flow.
The commission is also expected to approve a $3.5 million grant-in-aid to the City of Meriden to assist with the next phase of the Harbor Brook Flood Control Project. Another $140,000 is proposed for a cooling tower replacement for the Meriden Superior Court building. There is also $55,000 earmarked for work at H.C. Wilcox Technical High School.
The commission will meet at 10:30 a.m. Friday, April 13, in Room 1-E of the Legislative Office Building in Hartford. A commission meeting previously scheduled for April 27 has been canceled.