In a letter to City Council, Hartford Mayor Luke Bronin said public subsidies would be necessary to complete the Bushnell South project. The proposed agreement would allow the mayor to enter into tax-fixing agreements with developers of the project. The tax agreements can be up to 15 years and can have a two-year construction period, with the opportunity to extend that to three years with city approval. In order to qualify for the project, developments would have to have 30 percent of project hours worked by Hartford residents and 15 percent of hours worked by minority/women business enterprises, according to the resolution. Last year, the Capital Region Development Authority chose the Michaels Organization as the preferred developer for one of the parcels.
https://www.stamfordadvocate.com/capitalregion/article/bushnell-south-project-18147068.php