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Torrington council votes unanimously to opt into Connecticut Municipal Redevelopment Authority
Summary
After a public hearing and extended discussion about downtown projects, TorringtonCity Council voted unanimously to become a member municipality of the Connecticut Municipal Redevelopment Authority. Council members asked for follow-up fiscal and program details before any project commitments.
The Torrington City Council voted unanimously Monday to opt into membership with the Connecticut Municipal Redevelopment Authority, a move council members and staff said will give the city an additional funding and technical-assistance tool for downtown redevelopment.
The vote came after a public hearing and a presentation from the city's economic development office and a remote representative of the MRDA. William (Economic development director) told the council he had prepared maps showing a downtown district and active and planned projects that could be candidates for MRDA support; he estimated public (state) grants tied to the downtown projects at about $4 million and private investment for several projects in excess of $50 million.
Why it matters: MRDA membership would not automatically approve any project, officials stressed, but it would allow Torrington to access MRDA…
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