June 1, 2018

CT Bond Commission OKs $15M to repair New London pier

Twitter | @GovMalloyOffice
Twitter | @GovMalloyOffice
Gov. Dannel Malloy was in New London on Tuesday advocating for $15 million in bond funds to improve State Pier.

The State Bond Commission on Friday approved a $15 million investment to repair and improve State Pier in New London, state officials said.

The commission also approved funding of $500,000 to study how to connect the port of New Haven to freight rail service, according to the Connecticut Port Authority, which is administering both projects.

The commission also voted to approve the following borrowing:

  • $20 million for the Department of Economic and Community Development's Small Business Express program.

  • $3.5 million for the Capital Region Development Authority to design a public parking garage, with upwards of 500 spaces, to be built on Clinton Street in Hartford at the site of a former public health laboratory, and for a homeownership program in the Asylum Hill neighborhood.

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