Gov. Lamont Announces Long-Term Restructure Plan With Mystic Aquarium
As of today, September 22, Governor Ned Lamont announced a long-term restructure and investment into Mystic Aquarium. The state plans to make $7 million available for working capital.
In a press release, Governor Lamont stated, "this is a great deal for Connecticut. This is an investment in one of our treasured assets, and which the state leveraged its support to get significant investment from the private sector, including debt forgiveness and incredible support from the philanthropic community". The completion will be a total of $31.5 million. Mystic Aquarium has raised over $10 million from private donors and eliminated $14.5 million in long-term debt.
Personally, I think this is a good idea. If you're from Connecticut, you've been to Mystic Aquarium. People travel far to come and see what it's all about. I remember going for the first time on a field trip when I was younger. I think it is a great attraction for people all over to see. As stated in the press release, Mystic Aquarium is one of the largest tourist attractions in Connecticut and the centerpiece of the state's $18 billion tourism economy with a yearly attendance (pre-covid) of 800,000 people.
Gov. Lamont made an additional comment about the Aquarium saying, "Like the hundreds of thousands who visit Mystic Aquarium each year, I am in awe every time I walk through the gates. It is not only a destination - it is an education and conservation center."
If it is something that will keep generating jobs and funds for our state, I'm here for it. It breaks my heart to see tons and tons of businesses closing down due to COVID-19. Mystic was also affected, and had to shut their doors on March 17 and didn't reopen until July 1. Hey, if this is something that is going to make kids happy, I'm happy.
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