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Report: Financing of Tappan Zee Bridge Project Draws Scrutiny

At least a few groups are questioning how the bridge reconstruction project is being financed.

Patch file photo.
Patch file photo.
A $511 million loan to help finance the reconstruction of the Tappan Zee Bridge is reportedly drawing some scrutiny in part because this type of loan has never been used in such a fashion, according to The Journal News.

Reporters Theresa Juva-Brown and Khurram Saeed write that using the clean water fund to finance the loan is being viewed skeptically by a few groups.

"The state does not have a clear plan and is very creatively and innovatively looking at all these other funding sources, but this was not the right fit, certainly not at the expense of needed and worthwhile projects," Veronica Vanterpool, executive director of Tri-State Transportation Campaign, told The Journal News. Also critical of the financing move is Riverkeeper, according to the publication.

Last month, President Barack Obama praised the project during a speech where he used the bridge as the backdrop to discuss the importance of the nation's infrastructure.

Click here to read the full report in The Journal News.
Sage on the Hudson June 26, 2014 at 02:41 PM
It's NOT a "reconstruction," Alfred -- it's CONSTRUCTION, of an entirely new bridge that will take the place of the old one. Don't you understand the distinction between the two concepts?
David June 27, 2014 at 09:38 AM
Using this money for something we are really going to use -- a win!
Bob Eichinger June 29, 2014 at 08:56 AM
This is outrageous! Using EPA-CWA monies to build a bridge when we have a long list of unfunded wastwater treatment systems not to mention numerous pollution problems including excess nitrogen, phosphorus pollution and the numerous times we have to read about closed beaches from stormwater and/or sewer run-off. Call , Tweet, Email your elected State and Federal officials asap.
Alex Umrichin June 29, 2014 at 04:33 PM
However the bridge is eventually financed it will likely be the result of malfeasance by the political class. Unfortunately, it is highly unlikely to result in badly needed prosecutions.

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