HARTFORD, Conn. (CBSNewYork/AP)Gov. Dannel P. Malloy has announced he will seek a second term in office.

The Democrat made the announcement Friday following a meeting of the State Bond Commission. Malloy previously said he would unveil his decision after the legislative session adjourns in May.

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He said he and Lt. Gov. Nancy Wyman made a “mutual decision” to run again and “intend to be around a while.”

Malloy’s announcement comes a day after he signed legislation that increases Connecticut’s minimum wage to $10.10 an hour starting Jan. 1, 2017. Connecticut became the first state to pass legislation that sets the minimum wage at the same rate President Barack Obama wants for the federal minimum wage.

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Some Republicans have already announced their intention to run for governor, including the man Malloy beat four years ago.

Tom Foley announced his bid for the governor’s seat in January. He joined a field that also includes Senate Minority Leader John McKinney and Danbury Mayor Mark Boughton.

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