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CT SB00290

Bill

Official Source

Status

Introduced

2/29/2012

Primary Sponsor

Transportation Committee

Click for details

Origin

Senate

2012 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue up to $20 million in state bonds for a parking structure in Milford.
  • Proceeds from bond sales shall be used by the Department of Transportation to provide a grant-in-aid to the city of Milford for building the parking structure.
  • Bonds shall be general obligations of the state with full faith and credit pledged for repayment of principal and interest.
  • Bonds may mature up to 20 years from their respective dates, with terms and conditions to be determined by the State Bond Commission.
  • Effective date is July 1, 2012.

Legislative Description

An Act Authorizing Bonds Of The State For A Parking Structure In The Town Of Milford.

Last Action

Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding

3/19/2012

Committee Referrals

Finance, Revenue and Bonding3/14/2012
Transportation2/29/2012

Full Bill Text

No bill text available