LOHUD: BALL PUSHES PUBLIC PRIVATE PARTNERSHIP PROPOSALS

 

     

    Posted by: Joseph Spector

    Sen. Greg Ball, R-Patterson, Putnam County, is holding a press conference on Friday to push for public-private partnerships for the Tappan Zee Bridge. It’s at 1 p.m. at the Mount Kisco Library.

    Gov. Andrew Cuomo had wanted to pursue public-private partnerships for the Tappan Zee Bridge, particularly having unions invest pension funds into the new bridge, which will cost about $5.2 billion.

    There hasn’t been much talk of late about PPPs from Cuomo, but Ball continues to discuss it. He said he’s working with the Business Council of Westchester on proposals.

    “New York is the capitol of capital and our current inability to proactively fund vital infrastructure projects, small and large, is simply inexcusable. Public-private partnerships (P3’s) would better enable New York to finance public work projects, such as the transit portion of the Tappan Zee Bridge, while reducing the burden on federal, state and local taxpayers as well as commuters and ratepayers,” Ball said in a statement.

    Ball and the Business Council are also planning a roundtable called “Social Infrastructure (Public School and Municipal Facility Construction). It’s being held Thursday, Oct. 11 from 1 p.m. 3 p.m. at the Mt. Kisco Library. (ARTICLE)