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Section 32-462a - Authorization for financial assistance to Torrington Development Corporation.

CT Gen Stat § 32-462a (2019) (N/A)
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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.

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Section 32-462 - Limitation on the amount of financial assistance which may be awarded without specific approval by the General Assembly. Exception.
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Section 32-462b - Authorization for financial assistance to the Steel Point project in Bridgeport.