BRIDGEPORT, CT—Senate Democratic co-chair of the General Assembly’s Bonding Subcommittee Senator Marilyn Moore (D-Bridgeport) today announced the expected approval of $14.8 million in state bond funding for several projects in Bridgeport. “I am very excited to be able to bring back state funding to help Bridgeport move forward with critical projects like demolishing Pleasure Beach Bridge, restoring McClevy Hall, capping the Seaside Landfill, and making improvements to our local housing facilities,” Sen. Moore said. “This major funding from the state will also help to ease the burden on local taxpayers by underwriting the cost of these projects.” The State Bond Commission is slated to approve the items at its meeting on Thursday, September 20, 2018 at 10:30 a.m. in Room 1E of the Legislative Office Building. The bond agenda items include:
$5.5 million grants-in-aid to Park City Communities to assist with installation of site utilities and streetscape improvements associated with the Crescent Crossing mixed-income housing development in Bridgeport which replaces the storm damaged Marina Village housing project. These phases include 130 housing units.
$4 million for a preliminary design for improvements on I-95 from exit 19 to exit 27A .
$1.6 million for the demolition of the Pleasure Beach Bridge. $1.5 million for the exterior restoration of McLevy Hall.
$1.2 million to cap the Seaside Landfill. $1 million grants-in-aid to Bridgeport Economic Development Corporation to finance a loan to Hancock Avenue Partners I and II LLC to assist with utility infrastructure for the development of Phase III of the Cherry Street Lofts which will provide for 157 units of mixed-income rental housing.
This press release is made possible by: