Plain English Breakdown
The candidate explanation included details about land size and boundaries which are not explicitly stated in the official source material.
Act About Giving State Land to Derby
This act allows the state to transfer specific land parcels in Derby to the Connecticut Municipal Development Authority.
What This Bill Does
- Allows the Commissioner of Transportation to convey specific parcels of state-owned land in Derby to the Connecticut Municipal Development Authority at fair market value, as determined by two independent appraisers.
- Requires that the State Properties Review Board approve the transaction within thirty days after receiving a proposal from the Department of Transportation.
- Specifies that any funds received from selling this land will be transferred to the Treasurer for deposit in the Special Transportation Fund.
Who It Names or Affects
- The Commissioner of Transportation
- The Connecticut Municipal Development Authority
- The State Properties Review Board
Terms To Know
- Connecticut Municipal Development Authority
- A state agency that helps with economic development projects.
- State Properties Review Board
- An organization that reviews and approves the transfer of state-owned land.
Limits and Unknowns
- The exact size and boundaries of the parcels to be transferred will be determined by the Commissioner of Transportation.
- It is not clear what specific projects the Connecticut Municipal Development Authority plans for this land.