title
RESOLUTION OF THE NEW HAVEN BOARD OF ALDERS AUTHORIZING THE CITY TO APPLY FOR AND ACCEPT A GRANT FROM THE CONNECTICUT DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT NOT TO EXCEED $32,100,000 TO SUPPORT THE IMPROVEMENT AND ECONOMIC DEVELOPMENT OF THE LONG WHARF DISTRICT ($25,000,000) AND THE DOWNTOWN DISTRICT ($7,100,000).
body
WHEREAS, the State of Connecticut is making available over $800 million to support transformative investments in communities such as New Haven through the Community Investment Fund ("CIF"); and
WHEREAS, as part of CIF Round 2, the City of New Haven (the "City") is proposing an Infrastructure Improvement Project (the "Project") that represents an essential component of the overall economic recovery of the City. The Project consists of (a) the redevelopment of the Long Wharf district according to the Long Wharf Plan and (b) value of place improvement projects in the Downtown district; and
WHEREAS, the City's commercial districts, specifically Long Wharf and Downtown face a number of economic challenges relating to a lack of neighborhood connectivity, coastal resiliency, sense of place, and overall wellbeing; and
WHEREAS, the Project promotes new economic outcomes in the form of business formation and growth; the provision of waterfront access and amenities to underserved communities; the redevelopment of the Long Wharf Gateway district, including educational programs that have a direct benefit to career pathways for neighboring communities; the bolstering of sense of place and youth engagement through the creation of community amenities and open spaces; the increase of the local workforce and access to meaningful employment; and the promotion of growth and capacity through rebuilding said commercial centers; and
WHEREAS, pursuant to Section 32-763 of the Connecticut General Statutes, the Department of Economic and Community Development ("DECD") of the State of Connecticut (the "State") is authorized to extend financial assist...
Click here for full text