State Bond Commission Approves Derby Funding

May 12, 2017

I'm pleased to announce that Derby is set to receive $5 million in funding to be used towards the city’s downtown redevelopment.

The State Bond Commission approved this funding during a meeting on Friday, May 12th at 10:30a.m. in Room 1E of the LOB.

The City of Derby recently submitted their request for this grant-in-aid to DECD, with Rep. Gentile’s assistance.

The funding this grant provides will be used to assist with utility infrastructure, road and sidewalk construction, and streetscaping associated with downtown redevelopment.

This $5M grant will be an enormous help to the City of Derby for its' downtown redevelopment. It will breathe life into the vision that was created through an open process that incorporated public ideas into a comprehensive, yet realistic plan to transform Derby's downtown into a vibrant hub of economic activity. It will help with the utility infrastructure, road and sidewalk construction and streetscaping associated with the project. I am grateful for Governor Malloy's support, and for the help and assistance of DECD and OPM.

“This is a monumental day for the citizens of Derby,” Mayor Anita Dugatto said. “This funding award will allow us to take the next critical step in restoring our city center to economic prosperity. We eagerly look forward to the day when our downtown streets are once again bustling with activity. I want to especially thank OPM, State Representative Linda Gentile, and DECD Deputy Commissioner Tim Sullivan for seeing the value in investing in our great little city. And to all the developers who have been waiting in the wings, Derby is moving forward!”