Title 15 — Title 15: Navigation and Aeronautics

Sec. 15-31a. Connecticut Port Authority. Board of directors. Executive director. Audits. Annual reports. (a) There is hereby established and created a body politic and corporate, constituting a public instrumentality and political subdivision of the state of Connecticut establish…

Sec. 15-31b. Purposes. Duties and powers. (a) The purposes of the Connecticut Port Authority shall be to coordinate the development of Connecticut's ports and harbors, with a focus on private and public investments, pursue federal and state funds for dredging and other infrastruc…

Sec. 15-31c. Bonds and notes. Special capital reserve fund. (a) The Connecticut Port Authority may authorize the issuance of bonds in one or more series and in principal amounts necessary to carry out the purposes of sections 15-31a to 15-31i, inclusive. Such bonds shall be payab…

Sec. 15-31d. Refunding bonds. Bond anticipation notes. (a) Any bonds issued by the authority under sections 15-31c to 15-31f, inclusive, and at any time outstanding may at any time be refunded by the authority by the issuance of its refunding bonds in such amounts as the authorit…

Sec. 15-31e. Notes and bonds to be tax exempt. (a) It is hereby determined that the purposes of sections 15-31a to 15-31i, inclusive, are public purposes and that the authority will be performing an essential governmental function in the exercise of the powers conferred upon it h…

Sec. 15-31f. State pledge re bonds or notes. The state of Connecticut does hereby pledge to and agree with the holders of any bonds and notes issued under this section and sections 15-31c to 15-31e, inclusive, and with those parties who may enter into contracts with the authority…

Sec. 15-31g. Tax exemption. Grants in lieu of taxes. The exercise of the powers granted by sections 15-31a to 15-31i, inclusive, shall be in all respects for the benefit of the people of the state, for the increase of their commerce, welfare and prosperity, and as the improvement…

Sec. 15-31h. Memorandum of understanding with the Department of Economic and Community Development. The Department of Economic and Community Development and the Connecticut Port Authority established pursuant to section 15-31a may enter into a memorandum of understanding pursuant…

Sec. 15-31i. Memorandum of understanding with the Department of Transportation and the Treasurer. (a) The Connecticut Port Authority and the Commissioner of Transportation shall enter into one or more memoranda of understanding that will facilitate the authority's governance of t…

Sec. 15-31j. Projects undertaken regarding ports not located in New Haven, New London or Bridgeport. Bond Authorization. (a) The State Bond Commission shall authorize the issuance of bonds of the state, in accordance with the provisions of section 3-20, in principal amounts not e…

Sec. 15-31k. Quarterly reports. On or before October 1, 2021, and quarterly thereafter, the executive director of the Connecticut Port Authority shall submit a report regarding the status of pending and current contracts, small harbor projects and the construction project at the …

Sec. 15-31l. Reserved for future use.

Sec. 15-31m. Projects overseen by a construction manager. Bidding. Accounting and auditing. (a) As used in this section, (1) “authority” means the Connecticut Port Authority established under section 15-31a; (2) “project” means the construction, renovation or alteration of buildi…

Sec. 15-31n. Purchases and contracts for supplies, materials, equipment and contractual services. Competitive bidding or competitive negotiation requirements. Procedures. Exemptions. (a) As used in this section: (1) “Authority” means the Connecticut Port Authority established und…

Sec. 15-31o. Prohibition on payment of success fees. (a) As used in this section, “success fee” means a commission that is (1) paid by the Connecticut Port Authority to a person or business entity for such person's or business entity's role in facilitating the finalization of a t…