House Republican Press Release
March 28, 2008
Press Office: 860-240-8700
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Governor Rell & Rep. Sawyer Announce $65,000 STEAP Grant for Bolton Project |
Governor M. Jodi Rell today announced that the town of Bolton received a grant for $65,000 to initiate an economic development program at today’s meeting of the State Bond Commission.
The funds are being made available through the Connecticut Small Town Economic Assistance Program (STEAP) and will allow Bolton to move forward with the planning and design of the Route 6 corridor economic enhancement project.
“Bolton has taken great strides to maintain its small town charm and the funding provided today will allow the town to continue in that direction,” Governor Rell said. “This grant will help Bolton to focus their economic development strategies on the main transit corridor in the area, while preserving the character and nature found throughout the rest of the community.
“I am pleased that I was able to help secure these funds which will allow Bolton to expand its tax base by promoting the right kind of economic development in the right locations in town,” State Rep. Pamela Sawyer said. “The Route 6 corridor is heavily traveled on a daily basis and the enhancement plan will afford us significant opportunities to develop new business and to support the businesses that are already here.”
The state funded STEAP grant provides funds to eligible towns for economic development, community conservation and quality of life projects. To be eligible, a town must have a population of less than 30,000 residents, not be designated as a distressed municipality or a public investment community, and not have an urban center. The state Office of Policy and Management administers this program, and individual projects are managed by several state agencies including DECD.
More than $19.7 million in STEAP funds for 72 towns were approved by the Bond Commission today. The funds will enable 83 projects across the state to move forward.