Le Lézard
Classified in: Business
Subject: LEG

Construction Industry Council Applauds Gov. Cuomo's 'Restore Mother Nature' Bond Act


TARRYTOWN, N.Y., Jan. 13, 2020 /PRNewswire-PRWeb/ -- A leading business trade organization in the Hudson Valley is applauding Gov. Andrew M. Cuomo's proposal to present to voters a $3 billion "Restore Mother Nature" Bond Act. The initiative, which Cuomo outlined in his State of the State address Jan. 8, would support infrastructure to protect the public, restore wetlands and habitats, reduce flooding and create Jobs.

"Gov. Andrew Cuomo's call to action, which includes a voter referendum in November to create a $3 billion Environmental Bond Act, is unparalleled in the history of New York State," said John J. Cooney, Jr., executive director of The Construction Industry Council of Westchester and Hudson Valley, Inc., headquartered in Tarrytown. "It is arriving in the nick of time. After a decade of more than a dozen storms that caused severe flooding and havoc, it is now time to harden our assets and protect public and private property from the ravages of climate change. There is a staggering statewide need and the governor's plan follows up on the highly successful statewide clean water infrastructure program now in place for local municipalities."

Cooney also cited the critical need to advance an equally aggressive new five-year capital transportation plan beginning on April 1, 2020. "The backlog of capital road and bridge projects in the state, coupled with the growing demand for new mobility services, will require a funding level in the range of $35 billion to $40 billion." That amounts to a 20 percent increase over the current program of $29.2 billion, which expires March 31, 2020.

"In both environmental activism and transportation services, local communities cannot do it alone," Cooney added. "On behalf of some 30,000 construction workers and 600 employers throughout the region, we applaud Gov. Cuomo for addressing the new realities of climate change and responding with a plan that both protects our environment and benefits local economies for every resident and business in New York State."

 

SOURCE Construction Industry Council


These press releases may also interest you

at 00:25
Shanghai Junshi Biosciences Co., Ltd ("Junshi Biosciences," HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its financial...

at 00:24
In the news release, Roborock Reports 2023 Full Year Financial Results, issued 28-Mar-2024 by Roborock over PR Newswire, we are advised by the company that in the first bullet point of "Growth across Product Categories", the USD amount should read...

28 mar 2024
Royal Bank of Canada ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada"). "Today marks one of the most exciting times of our 155-year history and a pivotal milestone in our long-term growth story as we...

28 mar 2024
The opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2024 was held in Boao, south China's Hainan Province on Thursday, with China's top legislator Zhao Leji stressing China's economic potential, appealing to international investors...

28 mar 2024
OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for March 29, 2024. OKX Ventures...

28 mar 2024
Curio Legacy Ventures (Curio), a frontrunner in nuclear technology innovation, proudly announces a strategic partnership with Navarro Research and Engineering, Inc. (Navarro). This collaboration signals a significant step forward in advancing nuclear...



News published on and distributed by: