Sentences with phrase «zee loan»

As the Cuomo administration struggles to divert blame for the debacle in Hoosick Falls environmentalists and others point to the Tappan Zee loan episode as evidence that the administration has repeatedly not fully recognized major clean water and water infrastructure issues facing the state.

State Senator Bill Perkins, one of five members of the Public Authorities Control Board that is scheduled to take up the Tappan Zee loan at its meeting on Wednesday, sent a letter to Governor Andrew Cuomo on Tuesday afternoon asking him to withdraw his proposal for the loan, arguing that it violates state and federal law.

Not exact matches

At 2 p.m., the Public Authorities Control Board meets, and will consider the $ 511 million loan from the Environmental Facilities Corp. to the Thruway Authority for Tappan Zee Bridge - related projects, Room 131, state Capitol, Albany.

In June, Reinvent Albany joined a coalition of environmental and sustainable transportation advocacy groups who oppose using $ 511m in state and federal clean water loans for construction of the new Tappan Zee Bridge.

The New York Times, for example, reported that Cuomo plans to fund the new Tappan Zee Bridge with $ 3 billion in bonds backed by toll revenue and $ 2.2 billion with loans from union pension funds and the federal government.

The complaint asks the Authorities Budget Office to investigate the State Environmental Facilities Corporation for potential violations of the Public Authorities Reform Act it engaged in while fast tracking the approval of a $ 256m loan for the Thruway Authority to pay for Tappan Zee Bridge construction.

ALBANY — The U.S. Environmental Protection Agency has been at odds with Gov. Andrew Cuomo's administration over a number of high - profile issues in recent years, including a Tappan Zee bridge construction loan, oil trains in the Port of Albany and the cleanup of the Hudson River.

Tensions between the Obama and Cuomo administrations date back to June, 2014, when Enck put the brakes on Cuomo's plan to use $ 500 million from a revolving loan fund devoted to clean water projects for the construction of the new Tappan Zee bridge.

ALBANY — The state Environmental Facilities Corporation is embroiled in a dispute with the federal government over whether the state agency can loan more than a half - billion dollars to the Tappan Zee Bridge construction project.

The Public Authorities Control Board has approved a $ 256 million loan from a sewer revolving fund to help finance the replacement of the Tappan Zee Bridge.

In a blow to the Cuomo administration — and a big win for the environmental community — the EPA has rejected almost all of the controversial funding approved by the Environmental Facilities Corp. for projects related to building a new Tappan Zee Bridge, deeming them ineligble for funding from revolving loan fund intended to pay for clean water initiatives.

The Environmental Facilities Corp., which lends federal money for sewer plants and other clean - water projects, approved a $ 511 million loan to the Thruway Authority for 17 projects that are part of the building of a twin - span replacement for the Tappan Zee Bridge across the Hudson River.

An independent review board has found fault with the Cuomo administration's attempts to convert a federal clean water fund loan into construction work for the New York State Thruway's Tappan Zee Bridge.

US Transportation Secretary Anthony Foxx said his department is conducting a creditworthiness review of New York's federal loan request to help finance a third of the cost of a new Tappan Zee Bridge.

The state secured a $ 1.6 billion federal loan, and some $ 2 billion in bank settlement money has been committed to the Thruway's operations, including work for the Tappan Zee project.

The report, by the independent Authorities Budget Office, says the Cuomo Administration mishandled its attempts to use $ 500 million dollars in federal Clean Water monies to help finance work on the massive Tappan Zee Bridge reconstruction, including ignoring a warning letter from the EPA that the bridge project was an inappropriate use of the revolving loan fund, which is supposed to go to communities who need to clean up pollution.

This afternoon, the governor announced that the state would in fact receive a $ 1.6 billion loan from the federal government to build a new Tappan Zee bridge, which the state projects will cost roughly $ 3.9 billion.

On Wednesday, the Thruway Authority is expected to give final approval to accept a $ 256 million loan from the state Environmental Facilities Corporation's clean water loan fund to help finance a new Tappan Zee Bridge.

Worse, he wants to tap into a state fund intended for municipal water and sewer environmental projects to redirect over $ 500 million in short - term loans for the Tappan Zee project.

A key oversight board approved half of the amount Governor Cuomo had sought for a loan from a clean water fund to help pay for the construction of the Tappan Zee Bridge.

Governor Cuomo's administration wants to use money from a revolving loan fund, designed to help local governments keep their sewer and water treatment systems up to date and their drinking water clean, to instead help pay for the massive Tappan Zee Bridge replacement project.

State Operations Director Howard Glaser has been focusing on the push to legalize casinos, and getting the federal government to approve a loan for the Tappan Zee Bridge.

ALBANY — The state Public Authorities Control Board on Wednesday approved a controversial loan for the Tappan Zee replacement bridge, but not before the amount was cut in half without explanation and officials admitted for the first time there would be a toll hike to pay for the project.

The U.S. federal government has rejected most of a $ 511 million loan request for the renewal of New York state's Tappan Zee Bridge