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State Senator

Carlo Leone

Representing Stamford & Darien

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Sen. Leone, Rep. Miller Welcome State Bonding For New Jobs, Stamford Museum, Schools And Health Center

STAMFORD—State Senator Carlo Leone (D-Stamford) and state Representative Patricia B. Miller (D-Stamford) announced today that the State Bond Commission is expected tomorrow to approve funding to create nearly 1,000 new jobs in Stamford, as well as make improvements to a local museum, health care center, homeless shelter, and three local schools, when it meets next week in Hartford.

“The State of Connecticut is making a massive investment in Stamford, and I couldn’t be any prouder of our city or more hopeful for its future than I am right now,” Sen. Leone said. “Not only will this bonding grow more than 800 jobs in Stamford, it will retain 1,600 more; this only reinforces Stamford’s role as the business capital of Connecticut. I’m also proud to welcome state funds for construction and renovations to the Stamford Museum and Nature Center, the Community Health Center, the Stamford Charter School for Excellence, the Rippowam and Westhill schools, and to Stamford’s emergency shelter. Not only will this state bonding pay the salaries of construction workers, it will improve the quality of life for every Stamford resident.”

“I am pleased the State Bond Commission has placed these important investments for Stamford on its agenda,” Rep. Miller said. “Our delegation works diligently to provide the support and necessary resources to bring economic development to our city—even during this tough budgetary climate. Creating and retaining jobs is a high priority for us, and this round of projects allows us to provide our residents with various services such as education, arts, health and housing shelter in times of need.”

The State Bond Commission is expected tomorrow to approve:

  • A $10 million loan toward the $50.26 million cost of Henkel of America, Inc. to relocate its Laundry and Home Care unit from Arizona to Stamford. The company will retain 678 jobs and create 266 new jobs within three years. Total state loans of $20 million will ultimately be provided in installments. The company will be eligible for loan forgiveness of up to $20 million if it meets job retention and job creation goals.
  • A $7 million loan to Indeed, Inc. to assist with a total company investment of $26.5 million in leasehold improvements and equipment for its expansion in Stamford. Indeed will retain 700 jobs and create 500 new jobs within nine years. The loan will be provided at an interest rate of 1 percent for 15 years. The company will be eligible for loan forgiveness if it reaches and maintains specific thresholds over an 11 year period.
  • A $3 million grant to the Stamford Museum and Nature Center for construction of a new astronomy and physical science center.
  • A $2 million grant to Community Health Center, Inc. toward the $15.7 million total cost of renovations and improvements for a new, larger facility on Fifth Street in Stamford. The state had previously awarded CHC $5 million for this project.
  • A $2 million grant for general improvements to Alliance District schools in Stamford, including but not limited new windows, doors, boilers, heating and ventilation systems, communications/technology systems, lockers, floors, ceilings, restrooms, lighting, energy efficiency, entryways, driveways, parking areas, play areas, athletic fields, various equipment, roof repairs and the installation or upgrade of security equipment.
  • A $1 million grant to RSM US LLP (audit, tax and consulting services) to assist with a total company investment of $5.87 million in leasehold improvements and equipment for expansion of its Stamford offices. The company will retain 254 jobs and create 54 new jobs within four years.
  • $850,000 for the Stamford Charter School for Excellence for third- and fourth-floor renovations.
  • $204,000 for the Rippowam School and $200,000 for the Westhill High School, two of 13 Commissioner’s Network Schools, for alterations, repairs, improvements, technology and equipment to help address building and site deficiencies, or to promote the health, safety, and learning of the students.
  • Stamford’s emergency shelter is also the recipient of a pool of $7 million to make capital improvements to emergency shelters in Danbury, Fairfield, Hartford, Meriden, Middletown, New Britain, New Haven and Stamford.

The State Bond Commission is scheduled to meet at 10:30 a.m. tomorrow, Wednesday, November 29, 2017 in Room 1-E of the Legislative Office Building in Hartford

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