Tuesday, August 17, 2010
Queens Approves 5 Year Capital Plan
Region of Queens Council has approved a capital investment plan for the next five years through 2014/15. Mayor John Leefe says Municipalities must submit a five year plan to be eligible to receive the transfer of federal gas tax revenues. Leefe says capital work and spending is spread over a gamut of projects and purchases.
Queens Place would be one of the projects funded over the period. Others projects include extending sewer and water into Brooklyn, building a salt shed, work on the new public works garage and completing the new septage lagoon. Leefe says along with the gas tax revenues, monies to fund the capital projects will also come from reserves that the Region has set aside.