Tolland Economic & Community Development Corp. (TECDC)
Regular Members:
Kevin A. Bouley, President
David K. Barrow
David C. Layman
Gregory M. Williams, Secretary & Treasurer
Sudha Nagardeolekar
Robert O. Ciraco, Vice President
Jeff Champagne
TECDC’s Charge:
1. Advance the economic development and public welfare of the Town of Tolland by promoting and assisting the growth and development of businesses, including small business concerns. The principal objectives of the Corporation shall be to benefit the community by increasing employment opportunities and expansion of business and industry in that area of the Town of Tolland known as the Gateway Design District, located at the interstate interchange entrances to the community.
2. Promote planned growth by development of business facilities through planning, financing, designing, constructing, owning and operating facilities, to promote businesses to operate in Tolland’s Gateway Design District and to create and maintain employment opportunities.
3. In addition to its role as a redevelopment agency in the northwest quadrant of the Gateway Zone, the TECDC is encouraged and charged with the mission of developing working relationships with the individuals and agencies within the University of Connecticut responsible for activities involving economic and business development, for the purpose of joint discussions and activities that lead to the development of a high technology business corridor stretching from the University of Connecticut to Tolland via Route 195.
4. Assure the financial viability and to promote the community economic well being of the Town of Tolland while improving the quality of life of all its residents.
5. Preserve and expand the tax base of the Town of Tolland.
6. Promote job opportunities within the Town of Tolland.
7. Increase and coordinate the flow of economic development and related funds to be used in the implementation of programs and projects consistent with the other purposes of the Corporation.
8. Establish a framework within which coordination of public and private sector efforts may be facilitated in order to accomplish the purposes of this Corporation.
9. Assist the Town of Tolland in the planning and development of projects and other activities to accomplish the purposes of the Corporation.
10. Act as a development agency for the Town of Tolland pursuant to Chapter 132 of the Connecticut General Statutes, as amended from time to time.
11. Engage in any lawful act or activity for which corporations may be formed under Chapter 602 of the Connecticut General Statutes, provided such act or activity is consistent with the purposes otherwise set forth herein.
12. Notwithstanding any other provision herein, the Corporation shall not carry on any activities not permitted to be carried on (a) by a corporation exempt from Federal Income Tax under Section 501(c) of the Internal Revenue Code, or the corresponding section of any future tax code, or (b) by a corporation, contributions to which are deductible under Section 170(c) of the Internal Revenue Code, or the corresponding section of any future tax code.
# of Members: 7
Click here to view agenda, minutes and schedule (TECDC meets once a year)

