HB 6967 Summary

• Establishes the Cedar Hills Infrastructure Improvement District in North Haven, Connecticut, effective July 1, 2015, as a body corporate and politic with powers under Connecticut General Statutes sections 7-324 to 7-329.

• Authorizes the district to finance and construct infrastructure improvements including roads, sidewalks, utilities, parking facilities, environmental remediation, water systems, and flood/erosion control systems through taxes, fees, benefit assessments, and bonded debt.

• Requires district establishment through voter petition and referendum, with a board of four elected directors plus one appointed by the First Selectman; requires two-thirds voter approval by assessment holders to establish the district.

• Permits the district to issue bonds with maturity up to 30 years, secured by district revenues or full faith and credit, without requiring state or town approval or pledging state/town credit.

• Requires quarterly project activity reports to town selectmen and state officials during construction; mandates full disclosure of financing information to district residents and prospective purchasers; allows district merger into town if no bonds issued within four years.