Plain English Breakdown
The exact amount of bonds and repayment details are not specified in the official source material.
Act to Build a Fire Station in Middletown
This act allows the state to issue bonds for building a new fire station on Connecticut Route 3 in Middletown.
What This Bill Does
- Allows the State Bond Commission to create and sell bonds worth up to an unspecified amount of money.
- Uses the bond money as a grant-in-aid to help build a fire station on Connecticut Route 3 in Middletown.
Who It Names or Affects
- The city of Middletown
- Residents and businesses near Newfield Street corridor
Terms To Know
- Bonds
- A type of loan where the state promises to pay back money with interest over time.
- Grant-in-aid
- Money given by one government agency to another for a specific purpose, like building a fire station.
Limits and Unknowns
- The exact amount of bonds that can be issued is not specified.
- It does not say how the bond money will be repaid or when construction will start.