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Tuesday, December 14, 2010

VIDEO: Council approve sell of city owned property to Union Savings Bank

Last night, members of the Danbury City Council approved the selling of the old police headquarters, and tow buildings (one across the street from the old station at 116 Main Street and one on 6 Boughton Street) to Union Savings Bank.

The 2.3 million dollar deal paves the way for Union Savings and a second partner (Connecticut Institute for Communities Inc) to build a new branch, community health center, a senior housing at the locations given that certain conditions are met.

From last night, here's video footage of the deliberation of the transaction between the city council and representatives for Union Savings Bank and the Connecticut Institute for Communities Inc.

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