The proposed bill, General Assembly Proposed Bill No. 5183, seeks to authorize the issuance of state bonds to fund an exhaust system upgrade for the Yantic Fire Engine Company located in Norwich. The State Bond Commission would be empowered to issue bonds totaling up to one million seven hundred thousand dollars, with the proceeds designated for a grant-in-aid to the fire company. This funding is intended to enhance the safety and efficiency of the fire engine company's operations.
The bill includes new legal language that empowers the State Bond Commission to authorize these bonds in accordance with section 3-20 of the general statutes. There are no deletions from current law noted in the text of the bill. The overall purpose of the legislation is to provide necessary financial support for the fire company's infrastructure improvements, thereby ensuring better service to the community.