Norwich — The City Council will hold a special meeting Tuesday to hear presentations on Mayor Peter Nystrom’s proposal to seek voter approval for a second economic revitalization bond, possibly totaling $8.5 million, and to expand the incentive program outside the downtown.
Voters approved a $3.38 million downtown revitalization bond program in November 2010 that funded a matching grant program for building upgrades, a lease rebate program to boost building occupancy and a loan program for development. The programs are administered by the Norwich Community Development Corp., the city’s economic development agency.
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