*** MEDIA ADVISORY***
***Friday, September 21st at 1:00 PM***
Brewster, N.Y. – 9/18/2012 – Senator Greg Ball (Patterson – R, C) along with the Business Council of Westchester will be hosting a press conference and follow-up Public-Private Partnership roundtable focused specifically on how Public-Private Partnerships can fund transportation projects such as the Tappan Zee Bridge project. The press conference will be held on Friday September 21st at 1:00 PM at the Mount Kisco Public Library with a roundtable to follow.
Hundreds gathered to brainstorm last month at the first roundtable to find the best way to legislatively enable Public-Private Partnerships in New York State. According to the four experts that testified, these types of partnerships in New York can spur economic development and allow funding for government facilities and infrastructure projects while lowering the tax burden on residents. The assembled experts suggested that P3 legislation could even help to solve the Tappan Zee Bridge’s current ‘transit problem’.
Senator Ball is now teaming back up with the Business Council of Westchester to host a press conference followed by a roundtable to focus specifically on crafting P3 legislation that will allow partnerships to fund the transit portion of the Tappan Zee Bridge and other similar transportation projects.
“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,” said Senator Greg Ball. “We live in a powerful state that is home to the greatest financial market in the world. The search for federal debt based funds and our clamoring to finance the transit option on the Tappan Zee Bridge is symptomatic of a previous lack of both creative thinking and innovative finance models. It’s time to change all of that by supplying the Governor with these new helpful tools.”
Mr. John Ravitz, Executive Vice President and Chief Operating Officer of the Business Council of Westchester, said, “We support the concept of private public partnerships as another tool to help us create economic development in Westchester County and we look forward to continuing to have a strong line of communication with Senator Ball in this area.”
In addition to Friday’s transportation roundtable, Senator Ball and the Business Council of Westchester will also be hosting a PPP Roundtable on Social Infrastructure (Public School and Municipal Facility Construction). The Social Infrastructure roundtable will take place on Thursday, October 11th from 1:00PM to 3:00 PM at the Mt. Kisco Library.
What: Public-Private Partnership Press Conference and Roundtable focused on transportation
Who: Members of the Business Council of Westchester, Senator Ball’s Jobs & Economic Development Council and other public and private sector leaders.
When: Friday, September 21st from 1:00 PM – 2:30PM (Press conference to start at 1PM with roundtable to immediately follow)
Where: Mount Kisco Library, located at 100 East Main Street, Mount Kisco, NY 10549.
For more information or to speak with Senator Ball, please contact Joe Bachmeier at (845) 200-`9716.