How to replace your old cars, boats, planes, and boats with a better one
New York City Mayor Bill de Blasio has introduced a new initiative that promises to save the city $4.6 billion a year on maintenance and repairs by replacing most of the city’s old, out-of-date and outdated infrastructure.
“The city is going to get the infrastructure right, but it’s going to be much better,” de Blasio said on Friday, the day after unveiling the initiative.
“We’re going to take a big step forward to modernize our infrastructure, not just in New York, but in America.”
The city will invest $2 billion over the next decade to modernise the city transportation system and “to upgrade our buses and light rail to better meet the demands of our population,” according to the mayor’s office.
He says he is also proposing a tax credit of $1.25 per $1,000 of the cost of any new road or bridge that will be built, which will be used to help pay for the repairs.
The plan will focus on the citys largest infrastructure projects, such as the subway system, and the city will also work with state and federal agencies to help fund those projects, which currently cost $1 billion to $1 million each.
The money is also to help cities to make capital projects like roads and bridges easier to do.
“We’re really focused on making sure that we are getting the infrastructure that is actually being used and being maintained,” della said.
“It’s not just about getting it to work.
We’re trying to make sure that it’s being used to build more of our jobs and create jobs for people in the future.”
De Blasio says the plan will save the average homeowner $400 a year and that the city is already doing some of the work, including installing automatic air bags on older vehicles, repairing and replacing the subway systems, and replacing buses and other public transit systems.
“There’s a lot of infrastructure in the city that has not been up to scratch,” de la said.
“So if we can do something to improve it, then we’re going have to do something with it.”
New York City has had a number of failed attempts to modernisation over the past few decades, including replacing the public transportation system in 2005 and a plan to upgrade the city buses and tunnels in 2014.
The city has also faced criticism for its failure to properly plan for climate change, including an ambitious carbon tax that was put in place in 2014 but was cut in 2020.
The City Council has also been criticized for its use of the Taxpayer’s Bill of Rights in response to Hurricane Sandy in 2015, which required a two-thirds vote to pass a major infrastructure project.
De Blasio said the city has now done enough to meet the needs of the citizens and will continue to invest in the infrastructure needed to make it work.
“Our infrastructure has been in place for a long time, so it is not as if we are trying to go out and build a whole new city,” de La said.
More to come.