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Q&A
Capital projects for waterfront improvements and EDC's decision-making process
1:47:27
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59 sec
Council Member Amanda Farías inquires about EDC's decision-making process for capital funds allocation to waterfront improvements. Andrew Kimball explains the scope and nature of these projects.
- The capital commitment plan includes $152 million for waterfront improvements
- Projects span across 520 miles of the city's waterfront
- Some projects are EDC-managed, while others are done on behalf of other agencies like the Parks Department
- Kimball offers to provide a full list of projects that make up the $100 million allocation
Amanda Farías
1:47:27
Okay.
1:47:27
Two last bits and then I'll I'll end.
1:47:30
Just on the capital projects for waterfronts, the committee knows how involved EDC is with the city's waterways, and the preliminary capital commitment plan includes a 152,000,000 lump sum capital project for waterfront improvements.
1:47:44
How does EDC decide to draw down on these capital funds for waterfront improvements?
1:47:50
Are they for new projects or for projects currently underway that are funding on a year to year basis?
Andrew Kimball
1:47:57
They're for a wide array of projects across the 520 miles of the city.
1:48:02
Some that are EDC managed like Pier 36, there's a very substantial project going on right now.
1:48:08
We're in application for some work at the Manhattan Cruise Terminal And then they're for other agencies where we do the work on their behalf like Parks Department.
1:48:20
And so, you know, we can get you a full list of all of those projects that make up the $100,000,000
Amanda Farías
1:48:25
That would be really helpful.