Title 32, Title 32: Commerce and Economic and Community Development

Sec. 32-603. Adoption of procedures. The board of directors of the Capital Region Development Authority shall adopt written procedures, in accordance with the provisions of section 1-121, for: (1) Adopting an annual budget and plan of operations, which shall include a requirement…

Sec. 32-604. Feasibility and implementation study. (a) The Capital Region Development Authority shall conduct a feasibility and implementation study to determine the financial feasibility of the convention center project, as defined in subdivision (3) of section 32-600, and the s…

Sec. 32-605. Reports. Audits. Compliance of operations. (a) In lieu of the report required under section 1-123, within the first ninety days of each fiscal year of the Capital Region Development Authority, the board of directors of the authority shall submit a report to the Gover…

Sec. 32-606. Capital city economic development statement. Requirements for funds for capital city projects and capital region projects. Authority involvement. (a) Any person, including, but not limited to, a state or municipal agency, requesting funds from the state, including, b…

Sec. 32-607. Bonds, notes and other obligations. Special capital reserve funds. (a) The board of directors of the Capital Region Development Authority is authorized from time to time to issue its bonds, notes and other obligations in such principal amounts as in the opinion of th…

Sec. 32-608. State contract assistance. (a) The state, acting by and through the Secretary of the Office of Policy and Management and the State Treasurer, may enter into a contract with the Capital Region Development Authority providing that the state shall pay contract assistanc…

Sec. 32-609. Loans from Connecticut Innovations, Incorporated. With the concurrence of the Secretary of the Office of Policy and Management and the State Treasurer, the Capital Region Development Authority may submit an application to Connecticut Innovations, Incorporated on beha…

Sec. 32-610. Exemptions from taxes. The exercise of the powers granted by section 32-602 constitute the performance of an essential governmental function and the Capital Region Development Authority shall not be required to pay any taxes or assessments upon or in respect of the c…

Sec. 32-610a. Assessment of apartment property. For purposes of determining the assessment of apartment property as defined in section 12-62r, that is newly created or converted by the Capital Region Development Authority within the city of Hartford, the tax assessor shall assess…

Sec. 32-611. State pledge to bond holders and contractors. The state of Connecticut does hereby pledge to and agree with the holders of any bonds, notes and other obligations issued under section 32-607 and with those parties who may enter into contracts with the Capital Region D…

Sec. 32-612. Downtown higher education center project development. (a) A downtown higher education center project, as described in section 32-600, shall be developed by the Department of Administrative Services in consultation with the Board of Trustees of the Community-Technical…

Sec. 32-613. Applications for licenses, permits, approvals and administrative actions. (a) Any environmental permit or approval required or permitted to be issued and any administrative action required or permitted to be taken pursuant to the general statutes in connection with o…

Sec. 32-614. Bond authorization for the convention center project. (a) For the purposes described in subsection (b) of this section the State Bond Commission shall have power, from time to time but in no case later than June 30, 2005, to authorize the issuance of bonds of the sta…

Sec. 32-615. Bond authorization for the downtown higher education center project. (a) For the purposes described in subsection (b) of this section, the State Bond Commission shall have the power, from time to time, but in no case later than June 30, 2005, to authorize the issuanc…

Sec. 32-616. Bond authorization for the Civic Center and coliseum complex project, the riverfront infrastructure development and improvement project, housing, demolition and parking projects. (a) For the purposes described in subsection (b) of this section the State Bond Commissi…

Sec. 32-616a. Agreement re management and operation of XL Center. (a) For purposes of this section and section 32-616b: (1) “Authority” means the Capital Region Development Authority established pursuant to section 32-601. (2) “Contractor” means an entity, including any affiliate…

Sec. 32-616b. Agreement for renovation and reconstruction of XL Center. (a) Notwithstanding any provision of the general statutes, the authority may enter into one or more agreements for a project to renovate and reconstruct the XL Center. Any such agreement shall be entered into…

Sec. 32-617. Indemnification of officials of Capital Region Development Authority. The state shall protect, save harmless and indemnify the Capital Region Development Authority and its directors, officers and employees from financial loss and expense, including legal fees and cos…

Sec. 32-617a. Limitation on liability of state officials. No officer or employee of the state executing any agreement with respect to all or any portion of the overall project or stadium facility operations, or otherwise pursuant to sections 32-660 to 32-668, inclusive, shall be …

Sec. 32-617g. Bond authorization for residential housing development. (a) For the purposes described in subsection (b) of this section, the State Bond Commission shall have the power from time to time to authorize the issuance of bonds of the state in one or more series and in pr…