The City Council has authorized borrowing $700,000 to cover a funding gap that had delayed the completion of demolition of the Thames River Apartments complex on Crystal Avenue. The council authorized Mayor Michael Passero to sign off on an amended contract with Stamford Wrecking Co. as an emergency measure on Monday, “to address an urgent public need to preserve public health and safety by commencing demolition of the buildings immediately.” The Capital Improvement Plan in which the demolition was included totals $2.67 million and includes various infrastructure projects.
Passero said he had planned to bring the demolition funding request to the council at a later date. He accelerated his plan after a fire in one of the buildings last week heightened public safety concerns.
https://www.theday.com/local-news/20220208/new-london-moves-to-start-demolition-on-crystal-avenue-high-rises