Board meetings, strategic plans, and buyer signals from Richard Genovese’s organization
Oct 5, 2026·BoardMeeting
Board
New London City Council Regular Meeting
The council meeting addressed several items, including the honoring of the New London/Waterford Whaling Knights Little League baseball team with a proclamation. Discussion occurred regarding the implementation of the Silver Sneakers program at the community recreation center. Additionally, concerns were raised by residents regarding adjustments to membership rates at the community center and the management of recreation programs and facilities.
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The committee engaged in a discussion regarding the potential implementation of the 'Silver Sneakers' Medicare benefit at the New London Recreation Center. Public comment highlighted the need for this program to support local seniors. The committee reviewed a financial analysis provided by the recreation center management, which suggested that offering the program could result in revenue losses due to unpredictable visit frequency and the conversion of existing members to the program. Council members questioned the assumptions used in the financial projections and requested further data, including real-world comparisons from other facilities, to better understand the potential impact and feasibility of the initiative.
Sep 8, 2026·BoardMeeting
Board
Economic Development Committee Committee Meeting
The meeting focused on the potential termination of a 24-year-old development agreement for 330 Bank Street, which has remained in default. The discussion centered on the impact of a reverter clause, which currently acts as a legal obstacle to new investment and development at the site. The committee reviewed arguments from a land use attorney representing a developer interested in the property, who requested the removal of the reverter to facilitate potential multi-family housing projects. Members debated the necessity of maintaining the reverter for municipal control versus the goal of remediating and developing the site. The meeting also addressed the historical context of the site, including its status as a brownfield and previous failed attempts at development.
Aug 17, 2026·BoardMeeting
Board
New London City Council Regular Meeting
The meeting focused on the reactivation of the Joint Use Agreement committee, intended to enhance cooperation and facility sharing between the city and the Board of Education. Discussions included the potential joint use of municipal finance systems, the redistribution of recreational programs to better utilize available space, and the necessity of finalized agreements to support educational expansions. Additionally, the council addressed public concerns regarding the implementation of speed enforcement cameras and the management of recreation programs at city facilities.
Extracted from official board minutes, strategic plans, and video transcripts.
