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Message: [QUOTE="ct06111, post: 1592809, member: 6413"] This link has a little more. Meeting with CRDA and Malloy on 1/14/2016 before his budget speech. [URL]http://www.crdact.net/data/Unsorted/1-14-2016-ApprovedBoardMinutes-73404-1.pdf[/URL] [I]Governor Malloy joined the meeting and was added to the agenda. The Governor indicated that he is happy with the work CRDA is accomplishing. He further indicated that he continues to look for ways to partner with the communities that we serve. The collaboration on housing has been very important and in the long run will be game changing. He expressed that there are some big challenges with the XL Center Governor Malloy conveyed that he can’t imagine Hartford without an XL Center, or an equivalent thereof. He expressed that CRDA has done the early work of competitive data regarding either a rebuilt or a brand new center. If the architects and consultants can accomplish what they are saying for the amount that they are estimating and agreements with parties involved can be reached, then it would make sense to move forward.[/I] [LIST=1] [*][I]Long-Term Project[/I] [LIST] [*][I]∙ A number of meetings have been held with Northland related to acquisition of all or part of their building to allow for reconstruction of the XL Center. An analysis of the various acquisition options, as well cost analyses of each, are being conducted by both parties.[/I] [*][I]∙ CRDA still anticipates requesting funds in early 2016 for the acquisition of the Northland space and for development of construction design documents.[/I] [*][I]∙ A Letter of Intent has been signed with UConn for a long-term presence in a reconstructed XL Center should such a facility be built. Wolfpack and UConn Team Updates[/I] [/LIST] [I]∙ Teams are not performing to budget and we hope to see attendance and revenue numbers increase as they move into the second half of their seasons. Lower than expected attendance (particularly for UConn Hockey) and higher security costs have significantly impacted the facility’s budget. The postponement of a Janet Jackson concert until next fiscal year will also impact the budget. Pratt & Whitney Stadium · CRDA is requesting $800k from the State Bond Commission for the authorized clearing of a 10-acre wooded parcel acquired as part of the UTC/Pratt naming rights deal. Such area is needed as the lots previously leased from UTC for overflow parking are being torn up as part of the outlet mall construction at Rentschler Field. [/I] [/LIST] [/QUOTE]

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