STAMFORD, Conn. -- State Sen. Carlo Leone (D-Stamford, Darien) recently applauded the State Bond Commission’s investment of over $3 million in a string of transportation, business and education initiatives in Stamford.
The commission approved $1 million for the expansion of the headquarters of Harman International Industries, $2.1 million for two local bridges and $255,000 in funding as a part of the Alliance Districts program for general improvements to school buildings.
“Transportation and education continue to be the key triggers to our economic rebound,” said Leone. “I want to also thank Governor Malloy and his continued investment in Stamford and growing jobs.”
The $255,000 grant for Alliance District funding for Stamford Public Schools can be used for a variety of improvements, including structural upgrades and better security systems.
The transportation funding consists of two grants to Stamford under the Local Bridge Program.
The city will receive $1,458,099 for the Hunting Ridge Road bridge, which stretches over a brook, and $647,767 for the Riverbank Road bridge over the Mianus River.
The $1 million in funding for Harman International Industries is to assist expansion of its headquarters in Stamford.
Harman will be spending $5.3 million of its own funds on the expansion.
The company is expected to retain 121 jobs and create 20 new ones.