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Neighborhood Assistance Act Tax
Credit Program We have
been notified by the State Department of Revenue Services
that the four applications from Windsor-based organizations
have been approved for participation in the Neighborhood
Assistance Act (NAA) Tax Credit Program. The organizations
and the corresponding dollar amounts of their requests are
as follows:
| Celebrate Windsor |
$150,000.00 |
| Connecticut Radio Information
System |
$50,000.00 |
| Foodshare, Inc. |
$50,000.00 |
| Huntington House |
$50,000.00 |
The NAA Program offers qualified
businesses a 60% tax credit against their corporate tax
liability for contributions made to participating
organizations. Certain restrictions apply. Businesses need
to submit an application between September 15th
and October 1, 2004.
Route 218 and Columbia Road
The Department of
Transportation has informed us that site work and the
installation of the traffic signal can not be initiated
until CL&P, SBC, and other utilities relocate their lines.
The new utility poles have been set, but the DOT has not yet
received a commitment date from the above utilities
regarding when they will be moving their lines. However, it
is anticipated by the DOT that utility relocation work will
be completed in September and then the DOT will initiate
site work and signal installation.
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