The law transfers listed Derby land to a development authority, which must seek redevelopment proposals and return the state parcels if they remain undeveloped for ten years.
The transportation commissioner conveys about 1.5 acres of state land in Derby to the Connecticut Municipal Development Authority for the transfer’s administrative cost, with state review board approval.
The authority issues a request for mixed-use redevelopment proposals covering the state parcels and nearby town land. If it does not develop the state parcels within ten years after transfer, they return to the state.
The State Properties Review Board completes its review of the land transfer within 30 days after receiving the proposed agreement.
The transportation commissioner conveys the state parcels to the Connecticut Municipal Development Authority for the administrative cost of making the transfer. The parcels total about 1.5 acres in Derby: Lots 178, 181, 182, 183, 184, 185, 190, 191, 193, and 211 on assessor map 8-5, and Lot 7 on map 8-3. The commissioner determines the exact area. The State Properties Review Board must approve the transfer. The law takes effect from passage. The land stays under the Department of Transportation’s care and control until the transfer is complete.
The authority issues a request for proposals to develop the state parcels and an adjacent town-owned parcel for mixed-use redevelopment. The proposal request covers the transferred state parcels and the adjacent parcel owned by the town of Derby. Redevelopment may include selling or leasing the state parcels. If the authority does not develop those parcels within ten years after the transfer, they return to the state. The authority must promptly pay money received from any sale or lease of the state parcels for redevelopment to the State Treasurer, for deposit in the Special Transportation Fund. The ten-year period begins when the state parcels are transferred.
The State Properties Review Board completes its review of the transfer within 30 days after receiving the proposed agreement from the Department of Transportation. The review concerns the transfer of the Derby parcels. The 30-day period starts when the board receives the proposed agreement from the Department of Transportation.
No hearings or votes scheduled.