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Connecticut Brownfields Land Bank assumes Kenneytown hydro assets; NVCOG highlights Canal Street redevelopment
Summary
NVCOG reported that the Connecticut Brownfields Land Bank took possession of the Kenneytown Hydro Project Inc. assets and updated the board on Canal Street redevelopment projects and available brownfields funding.
NVCOG staff reported on Oct. 24 that the Connecticut Brownfields Land Bank has taken possession of the assets of Kenneytown Hydro Project Inc., enabling the region to advance remediation and dam-removal planning for the Kenneytown site.
Rick Wilgo, NVCOG director, said the land bank acquired the federally regulated project’s assets for $1 and will act as fiduciary for many of the grants used for site investigation and cleanup. “So that's where we're at with that. But we control the site. The land bank controls the site, and we'll operate under the MOA that we have between the Connecticut Brownfields Land Bank and [NVCOG],” he…
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