On Tuesday, the Connecticut Port Authority Board approved spending an additional $7,471,779. That brings the total cost of the project to $255.5 million – roughly equal to the total funding now available for the project, which includes state and private dollars. The redevelopment includes a contribution by the partnership of Eversource and Ørsted, which will be the first to use the reconstructed pier for their South Fork Wind project next year. On Tuesday, the authority agreed to take the final 5 years of those payments out of escrow to pay for the State Pier renovations. That means that those lease payments will have to be paid out of the authority’s future operating budget, according to Kooris. He said he was confident that the authority would have the funds to pay that lease.