Plain English Breakdown
The text contains a typo ('covert' instead of 'convert'), which was corrected based on context and the official summary.
State Bonds to Restore Wallingford's Historic Train Station
This bill allows the state to issue up to $3.5 million in bonds to fund a grant for restoring and converting the historic train station in Wallingford.
What This Bill Does
- Empowers the State Bond Commission to authorize new state bonds.
- Limits the total amount of these bonds to three million five hundred thousand dollars.
- Requires that bond money go to the Department of Economic and Community Development.
- Directs funds as a grant-in-aid to Wallingford's Economic Development Commission.
- Specifies that the money must be used to restore and convert the historic train station for use by the community.
Who It Names or Affects
- The State Bond Commission
- The Department of Economic and Community Development
- The Economic Development Commission in Wallingford
Limits and Unknowns
- No effective date is listed in the provided source material.
- The bill does not state when the restoration work will begin.