Hartford Business Journal

www.HartfordBusiness.com • February 5, 2018 • Hartford Business Journal 19 Government Total revenue (2015) $85,264,641 Per capita tax $3,945 Total expenditures $83,241,864 Total indebtedness $27,867,484 as % of expenditures 33.5% Annual debt service $3,647,488 Moody's Bond Rating Aaa Actual Mill Rate 28.32 Net Grand List $2,559,080,530 Housing stock Existing units 7,342 % single unit 71% New permits (2015) 31 as % of existing units 0.4% Demolitions 4 Residential sales NA Median price $376,500 Top 5 grand list Company Amount Eversource $17.5M GAIA Avon Place LLC $15.2M Avon Marketplace Investors $14.3M Two Fifty Five West Main Street $14M Avon Mill LLC $13.6M Town Profile Avon Town Hall address: 69 West Main St., Avon, CT 06001 (860) 409-4300 News Around Town ■ ■ In January, the former manager of a Webster Bank branch in Avon was sentenced to one year and one day in prison for stealing over $500,000 from six elderly clients. ■ ■ Holly Neddermann was recently appointed executive director at River Ridge at Avon, a senior-living community. ■ ■ In November, Hartford commercial- property broker Sentry Commercial announced it bought a stake in Avon's Commercial Property Advisors. Terms were not disclosed. General Land area (sq. miles) 23 sq. mi. Households 7,024 Median household income $123,894 Poverty Rate 2.7% Crime Rate (per 100,000 residents) 1,036 Population 2000 15,832 Projected 2020 19,795 Median age 46 Largest age demographic 45-64 (33%) Educational attainment (2012) Persons age 25 or older % of population High school graduate 10% Associate's Degree 9% Bachelor's or more 69% Labor Force (Residence) Employed 8,948 Unemployed 343 Unemployment Rate 3.7% Place of work # of units 766 Total Employment 8,271 Economics Business profile Sector Units Employ- ment Construction 25 133 Manufacturing 13 738 Retail Trade 92 1,074 Health Care and Social Assistance 116 1,990 Accommodation and Food Services 43 658 Total Government 17 769 Major Employers • Town of Avon • Norcom Management & Insurance • Women's Health • Avon Health Center • OFS Fitel LLC Source: Connecticut Economic Resource Center Movers & Shakers Lauren Miller has been hired as director of community engagement for the Hill-Stead Museum in Farmington. Miller has a background in programmatic grantmaking, cultural nonprofit management and business administration, having held professional positions at the Greater Hartford Arts Council and Connecticut Humanities. Carlos Dominguez, president and chief operating officer of Sprinklr, a global social media management company, has been appointed to The Hartford's board of directors, effective Feb. 21, as the company accelerates its digital strategy and investments in technology. Before Sprinklr, Dominguez spent 22 years in various roles at Cisco Systems Inc., including establishing its New York office and leading efforts to enter strategic markets such as financial services, media and pharmaceuticals. He also led the service provider business for Cisco and, for seven years, served as a technology representative for the chairman and CEO, engaging with Fortune 500 senior executives and government leaders worldwide. Dr. Kolawole Olofinboba, managing partner of West Hartford- based private equity investment management firm Fairview Capital Inc., has been elected to Simsbury Bank's board of directors. Olofinboba joined Fairview Capital in 2007 and was appointed managing partner in 2015. Prior to joining Fairview, he was an engagement manager at McKinsey & Co., serving U.S. and global clients in health care and private equity. Olofinboba has also practiced medicine as a board-certified internist/hospitalist and assistant professor at UConn Health in Farmington. Susan R. Huntington has been elected partner in the Hartford office of Day Pitney LLP. A transactional partner, she assists healthcare providers and managed-care companies in business and regulatory needs, with particular experience in forming accountable care organizations and clinical integration networks. Huntington has focused her legal career in health law and has extensive clinical, business management, insurance, risk management and legal experience. Vincent Van Oss has been appointed director of marketing for Quinnipiac University Online and is responsible for implementing the strategic planning, coordination and management of all marketing efforts for the university's online and corporate training programs. Van Oss comes to Quinnipiac with more than two decades of experience in digital marketing and strategic planning. Most recently, he was director of marketing at BlueSky ETO. Jason Murata, a member of the intellectual property practice group in the Hartford law office of Axinn, Veltrop & Harkrider, has been promoted to partner. Murata focuses his practice on patent and trade secret litigation, with a particular emphasis in the mechanical, chemical and pharmaceutical arts. Frederick M. Smith has been promoted to corporate controller of Webster Bank and Webster Financial Corp. after serving as assistant controller of the bank. Smith will be a senior leader within Webster's accounting department. He previously worked in financial analysis and reporting at Hartford Steam Boiler Inspection and Aetna. Jesse Luis has joined Foxwoods Resort Casino as vice president of development and will oversee developing and recommending strategic operating plans for new ventures, and analyzing and assessing current and potential business opportunities. Luis most recently served as senior vice president of real estate development for the Newark Community Economic Development Corp. in New Jersey. Elysa Gordon has been appointed vice president and senior adviser to the president of the Hartford Foundation for Public Giving. Gordon, previously senior adviser to the president, now has expanded responsibilities overseeing the foundation's new evaluation and research unit and will continue to direct the organization's public policy efforts. Carlos Dominguez Vincent Van Oss Frederick M. Smith Dr. Kolawole Olofinboba Susan R. Huntington

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