Connecticut Treasurer Denise Nappier announced on Thursday that the first sale of $560.4 million is going to cost the state 3.01% in interest and it will have 15 years to pay it back. Nappier says the second wave of $314.3 million has a shorter maturity and will cost the state .5% in interest.
For the last several weeks Suffolk County lawmakers have been negotiating next year's budget. The $2.8 billion spending package is expected to be unveiled Friday afternoon. While there has been a quiet increase in criticism about how lawmakers get the budget done most still defend it.
Opponents of hydraulic fracturing for natural gas rally before a public hearing at the New York State Department of Environmental Conservation on Wednesday, Oct. 30, 2013, in Albany, N.Y. A coalition of groups dedicated to keeping New York state’s 5-year-old ban on fracking in place is demanding that the DEC withdraw its proposed regulations for new liquefied natural gas facilities, citing safety concerns and other issues.
A public hearing on Wednesday over proposed regulations for the storage of Liquefied Natural Gas in New York State turned into a three-hour shouting match between supporters and opponents of the legislation. Click here to see New York's proposed Liquefied Natural Gas Facilities regulations.
Stamford Mayor Mike Pavia announced Thursday that there are finally plans to develop a downtown plot called Parcel 38, or as it’s locally known, “the hole in the ground.” He says the $100 million development fits Stamford’s future.