Sec. 4-66g. Small town economic assistance program. Bond authorization. Certain sewer projects eligible.
Sec. 4-66g. Small town economic assistance program. Bond authorization.
Certain sewer projects eligible. (a) For the purposes described in subsection (b) of
this section, the State Bond Commission shall have the power, from time to time, to
authorize the issuance of bonds of the state in one or more series and in principal amounts
not exceeding in the aggregate one hundred forty million dollars, provided twenty million dollars of said authorization shall be effective July 1, 2008.
(b) The proceeds of the sale of said bonds, to the extent of the amount stated in
subsection (a) of this section, shall be used by the Office of Policy and Management
for a small town economic assistance program the purpose of which shall be to provide
grants-in-aid to any municipality that is not economically distressed within the meaning
of subsection (b) of section 32-9p, does not have an urban center in any plan adopted
by the General Assembly pursuant to section 16a-30 and is not a public investment
community within the meaning of subdivision (9) of subsection (a) of section 7-545.
Such grants shall be used for purposes for which funds would be available under section
4-66c. No municipality may receive more than five hundred thousand dollars in any
one fiscal year under said program. Notwithstanding the provisions of this subsection
and section 4-66c, a municipality that is (1) a distressed municipality within the meaning
of subsection (b) of section 32-9p or a public investment community within the meaning
of subdivision (9) of subsection (a) of section 7-545, and (2) otherwise eligible under
this subsection for the small town economic assistance program may elect to be eligible
for said program in lieu of being eligible for financial assistance under section 4-66c,
by a vote of its legislative body or, in the case of a municipality in which the legislative
body is a town meeting, its board of selectmen, and submitting a written notice of such
vote to the Secretary of the Office of Policy and Management. Any such election shall
be for the four-year period following submission of such notice to the secretary and
may be extended for additional four-year periods in accordance with the same procedure
for the initial election.
(c) All provisions of section 3-20, or the exercise of any right or power granted
thereby, which are not inconsistent with the provisions of this section are hereby adopted
and shall apply to all bonds authorized by the State Bond Commission pursuant to this
section, and temporary notes in anticipation of the money to be derived from the sale
of any such bonds so authorized may be issued in accordance with said section 3-20
and from time to time renewed. Such bonds shall mature at such time or times not
exceeding twenty years from their respective dates as may be provided in or pursuant
to the resolution or resolutions of the State Bond Commission authorizing such bonds.
None of said bonds shall be authorized except upon a finding by the State Bond Commission that there has been filed with it a request for such authorization which is signed by
or on behalf of the Secretary of the Office of Policy and Management and states such
terms and conditions as said commission, in its discretion, may require. Said bonds
issued pursuant to this section shall be general obligations of the state and the full faith
and credit of the state of Connecticut are pledged for the payment of the principal of
and interest on said bonds as the same become due, and accordingly and as part of the
contract of the state with the holders of said bonds, appropriation of all amounts necessary for punctual payment of such principal and interest is hereby made, and the State
Treasurer shall pay such principal and interest as the same become due.
(d) Any grant-in-aid allowed under the small town economic assistance program
under this section may be administered on behalf of the Office of Policy and Management
by another state agency as determined by the Secretary of the Office of Policy and
Management.
(e) Notwithstanding the provisions of section 16a-31, no municipality that has a
population of less than fifteen thousand as determined by the most recent decennial
census and in which at least five thousand five hundred acres of land but not more than
six thousand acres of land is owned by a regional water authority shall be denied a grant
pursuant to subsections (a) to (d), inclusive, of this section for a sewer project solely
because such project is not consistent with the locational guide map accompanying the
state plan of conservation and development adopted under chapter 297.
(June Sp. Sess. P.A. 01-7, S. 19, 28; May 9 Sp. Sess. P.A. 02-5, S. 21; May Sp. Sess. P.A. 04-1, S. 2; P.A. 05-194, S.
1; 05-247, S. 10; June Sp. Sess. P.A. 05-5, S. 2; June Sp. Sess. P.A. 07-7, S. 41.)
History: June Sp. Sess. P.A. 01-7 effective July 1, 2001; May 9 Sp. Sess. P.A. 02-5 added Subsec. (d) re administration
of grant-in-aid, effective August 15, 2002; May Sp. Sess. P.A. 04-1 amended Subsec. (a) to increase the aggregate authorization to $60,000,000, make $20,000,000 of said authorization effective July 1, 2004, and delete provision re funds authorized
in 2002, effective July 1, 2004; P.A. 05-194 amended Subsec. (b) to authorize certain distressed municipalities and public
investment communities to elect to be eligible for the small town economic assistance program in lieu of being eligible
for financial assistance under Sec. 4-66c, effective July 1, 2005; P.A. 05-247, designated editorially by the Revisors as
Subsec. (e), provided that certain municipalities shall not be denied a grant for a sewer project solely because the project
is not consistent with the locational guide map, effective July 8, 2005; June Sp. Sess. P.A. 05-5 amended Subsec. (a) to
increase the aggregate authorization from $60,000,000 to $100,000,000, of which $20,000,000 is effective July 1, 2006,
and amended Subsec. (b) to remove requirement that to receive grant, municipality must have a population under thirty
thousand, effective July 1, 2005; June Sp. Sess. P.A. 07-7 amended Subsec. (a) by increasing aggregate authorization from
$100,000,000 to $140,000,000, of which $20,000,000 is effective July 1, 2008, effective November 2, 2007.