The Department of Housing paid exorbitant fees to a lender administrating the Shoreline Resiliency Loan Fund, part of Gov. Dannel Malloy’s Shore Up CT program created in 2014 to give homeowners and businesses low interest loans to upgrade their properties to withstand coastal storms in the wake of Superstorm Sandy. ...
Bond commission approves $10 million for Hartford soccer stadium, $5 million for XL Center parking garage
Connecticut’s bond commission approved $10 million in bonding to help the City of Hartford lure a professional soccer team to the city, and $5 million to upgrade the Church Street parking garage which serves the XL Center.
The projects were part of $350 million in bonding approved during a bond commission meeting on Friday.
The commission approved a grant to Hartford to renovate and improve Dillon stadium and Colt Park, including repair of bleachers, fencing, landscape and lighting work and a new synthetic and grass playing field.
The city hopes the improvements will allow Hartford to license the stadium to a professional soccer team. Gov. Dannel Malloy said the stadium is in a “great state of disrepair bordering on dangerous, so we either appropriate money to put it in good shape or we appropriate money to take it down.”
According to testimony given at the bond commission, the stadium would be home to a not-yet-created expansion team, which would also help invest money into developing the facility.
Rep. Christopher Davis, R-Ellington, questioned the allocation stating, “I don’t know if its the appropriate use of funds, $10 million to re-do a soccer stadium in hopes of attracting a soccer team to the city of Hartford.”
Rep. John Fonfarra, D-Hartford, however was enthusiastic about the proposal and praised the governor for supporting Hartford.
“All we have to do is look at the Yard Goats and what that has done to bring people into our city,” Fonfarra said. “The state didn’t invest in that initiative and Hartford took a lot of heat for it but its been a great success and we look forward to many more years of that. There are those who believe this could be equally successful.”
Gov. Dannel Malloy joked that the soccer stadium would be a lot cheaper than the baseball stadium.
Dillon Park has been the focal point of a corruption scandal resulting in developer James C. Duckett being charged and convicted of fraud, money laundering and conspiracy. The controversy also resulted in two Hartford officials losing their jobs and the loss of a soccer team that was meant to play in the park.
Now, it appears, the City of Hartford will try to revitalize the stadium again with the hopes of bringing a professional soccer team to the city.
The bonding also included $5 million for the Church Street parking garage which serves the beleaguered XL Center. The XL Center is slated for hundreds of millions of dollars in renovations in the expectation that it will eventually be sold to a private developer.
Office of Policy and Management Secretary Benjamin Barnes confirmed that any sale of the XL Center would include the Church Street parking garage as it is “the largest source of positive cash flow for the XL Center.”
Davis also questioned the wisdom of appropriating money for the project and ultimately voted against the $5 million bond. “I think we arguably overpaid for it in the first place and now were putting another 5 million into it,” Davis said.
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