July 15, 2005 |
2005-R-0590 | |
STATE FUNDS TO NEW LONDON DEVELOPMENT CORPORATION | ||
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By: Judith Lohman, Chief Analyst | ||
You asked for a list of all state funding provided directly to the New London Development Corporation.
SUMMARY
Since 1993, the state has provided just over $ 82. 35 million in direct grants to the New London Development Corporation (NLDC) for various development projects, all from state bond allocations. In addition to this direct funding, the state has provided more than $ 39 million for projects located in the NDLC development area since 1988.
A computer search of state budgets and special acts since 1988 shows no direct appropriations to the NDLC. In addition, a survey of the Connecticut Development Authority’s (CDA’s) active accounts from1991 to 2003 showed that NDLC has received no grants or loans from CDA.
DIRECT STATE FUNDING TO NLDC
A search of the bond allocation databases maintained by the Office of Fiscal Analysis (OFA) and the Office of State Comptroller shows $ 82,355,000 in total bond allocations directly to the NLDC through the Office of Policy and Management (OPM) and the Department of Economic and Community Development (DECD) (see Table 1). OFA’s database contains allocations since 1980 and the comptroller’s starts in 1995.
Table 1: State Bond Allocations for Grants to the
New London Development Corporation
1980 – Present
Date |
Allocation |
Previously Allocated |
For |
Agency |
6/25/93 |
$ 60,000 |
0 |
Study of potential Ocean World |
DECD |
1/30/98 |
5,350,000 |
0 |
Prepare plan to attract a Fortune 100 company to former New London Mills site |
DECD |
5/29/98 |
1,630,000 |
0 |
Help for municipal development project in Thames Peninsula area |
OPM |
5/29/98 |
1,283,400 |
0 |
Planning for a municipal project in Thames Peninsula area |
DECD |
6/26/98 |
0 |
2,875,872 |
Planning for municipal development project in Thames Peninsula area |
DECD |
6/26/98 |
3,324,128 |
0 |
Municipal development project in Thames Peninsula area |
OPM |
5/27/99 |
0 |
1,935,000 |
Property acquisition and related costs at New London State Pier |
DECD |
7/19/99 |
45,872 |
0 |
Waterfront improvements |
OPM |
7/19/99 |
8,540,728 |
0 |
Waterfront improvements |
DECD |
8/27/99 |
500,000 |
0 |
Site development costs at Calamari property |
OPM |
9/24/99 |
810,000 |
0 |
Work in connection with development of the New London State Pier |
DECD |
12/17/99 |
0 |
6,000,000 |
Road improvements in Fort Trumbull Peninsula area |
DECD |
2/25/00 |
0 |
3,716,000 |
Property acquisition, demolition, remediation, torpedo boat exhibit, and FEMA flood map revisions in the Fort Trumbull Peninsula area |
DECD |
7/28/00 |
15,000,000 |
0 |
Phase II improvements to Fort Trumbull |
DECD |
12/15/00 |
7,500,000 |
0 |
Phase II of the New London Fort Trumbull Municipal Development Plan |
DECD |
7/20/01 |
7,500,000 |
0 |
Phase III of the New London Fort Trumbull Municipal Development Plan |
DECD |
4/26/02 |
10,000,000 |
0 |
Phase II and Phase III costs of New London Fort Trumbull Development Plan including additional cleanup of Calamari property |
DECD |
5/30/03 |
6,284,000 |
0 |
Supplemental grant for Phase II and Phase III costs of New London Fort Trumbull Municipal Development Plan |
DECD |
TOTALS |
$ 67,828,128 |
$ 14,526,872 |
STATE FUNDING FOR PROJECTS IN NLDC’S DEVELOPMENT AREA
In 1998, as part of a ruling that the NLDC is subject to the Freedom of Information Act, the Freedom of Information Commission found “that the city [New London] delegated responsibility to the respondent [the NLDC] for projects including the development of Ocean Beach Park, New London Mills, State Pier, City Pier, Fort Trumbull, Thames Peninsula, and the Naval Undersea Warfare Center” (Docket #FIC 1998-335, June 30, 1999).
Since 1980, the state has allocated $ 39,073,471 in state bonding to projects in these areas (see Table 2). Although not provided directly to
NLDC, the funds likely benefited its projects. Most of the money came through the Department of Environmental Protection (DEP) and has gone for development of Fort Trumbull State Park and for environmental remediation.
Table 2: State Bond Funding in NDLC Project Areas
1980-Present
Date |
Allocation |
For |
Agency |
7/2/88 |
$ 545,000 |
New sprinkler system and water tower at the New London State Pier |
DOT |
8/28/92 |
2,750,000 |
Grant to New London for the State Pier |
DECD |
5/27/94 |
980,581 |
Ocean Beach Park |
DEP |
9/23/94 |
2,400,000 |
Grant to Ocean World Learning, Inc. to create a hands-on ocean camp at former New London Mills site |
DECD |
9/23/94 |
2,200,000 |
Grant to New London to acquire New London Mills site for Ocean Quest and commercial and industrial purposes |
DECD |
10/28/94 |
1,417,500 |
Grant to New London for building demolition and site improvements at the New London Mills Complex |
DECD |
8/5/98 |
5,000,000 |
Phase I development of Fort Trumbull State Park in New London |
DEP |
5/27/99 |
5,000,000 |
Development of Fort Trumbull State Park in New London |
DEP |
7/19/99 |
3,025,000 |
Environmental remediation at the former Calamari Brothers Company location in New London and at an inactive Amtrak RR spur adjacent to the property |
DEP |
7/19/99 |
975,000 |
Environmental remediation at the former Calamari Brothers Company location in New London and at an inactive Amtrak RR spur adjacent to the property |
DEP |
9/24/99 |
10,000,000 |
Development of Fort Trumbull State Park in New London |
DEP |
9/29/00 |
3,500,000 |
Finance additional exhibits and improvement at Fort Trumbull State Park |
DEP |
9/29/00 |
480,390 |
Remediation at Pfizer Global Development Facility wetland construction area |
DEP |
4/27/01 |
800,000 |
Construct elevator to provide handicapped access to interior and rooftop at Fort Trumbull State Park |
DEP |
TOTAL |
$ 39,073,471 |
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