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 IN THE AMOUNT OF $4,000,000 AND TO PARTNER WITH CONNCORP, LLC, TO SUPPORT ENVIRONMENTAL REMEDIATION OF THE PROPERTY LOCATED AT DIXWELL PLAZA
BODY
WHEREAS, Conncorp, LLC (the “Developer”) is the proposed developer of the property located at Dixwell Plaza, which is comprised of 11 parcels located primarily on Dixwell Avenue between Webster and Charles Streets (the “Site”); and
WHEREAS, the Developer proposes to construct a multi-phase, mixed-use development on the Site (the “Project”); and
WHEREAS, the Developer has conducted extensive environmental assessment of the Site which has determined that the Site requires environmental remediation, including the demolition and abatement of all existing buildings situated at the Site, in order to carry out the Project (the “Remediation”); and
WHEREAS, pursuant to Section 32-763 of the Connecticut General Statutes, the Connecticut Department of Economic and Community Development (the "State") is authorized to extend financial assistance for economic development projects; and
WHEREAS, on December 12, 2022, the City was awarded a grant of $2,000,000 out of the Round 16 Municipal Brownfield Cleanup Grant funding by the State to begin demolition and subsurface remediation at the Site for the purposes of the Project; and
WHEREAS, it is desirable and in the public interest that the City make an application to the State for four million dollars and zero cents ($4,000,000.00) out of the Round 17 Municipal Brownfield Cleanup Grant funding and to partner with Conncorp, LLC in order to undertake the Remediation, so as to support the redevelopment of the Site, and to execute an Assistance Agreement for that purpose.
NOW, THEREFORE, BE IT RESOLVED by the New Haven Board of Alders that:
1). It is cognizant of the conditions and prerequisites for State assistance imposed by Section 32-763 of the Connecticut General Statutes.
2). That the filing of an application for State financial assistance by the City of New Haven in the amount of Four Million Dollars and Zero Cents ($4,000,000.00) is hereby approved (the “Application”) and that Justin Elicker, Mayor of the City of New Haven, is hereby authorized and directed to execute and file the Application with the Connecticut Department of Economic and Community Development, to provide such additional information as may be required, to execute such other documents as may be required in the Application process, to execute an Assistance Agreement with the State of Connecticut for financial assistance (if such an agreement is offered) in the amount of $4,000,000.00 or such lesser amount (if any) as may be offered by the State (which Assistance Agreement may include an indemnification of the State and/or appropriate agencies of the State), to execute any amendments, rescissions, and revisions thereto, and to act as the authorized representative of the City with respect to all other matters pertaining to the Application.
3). It is affirmed that the City will partner with Conncorp, LLC in the Remediation.