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deal out of it," said Greg Cohen, president of the American Highway Users Alliance, aWashington-based advocacy group.In New York, officials hope a public-private partnership will help them replace the Goethals,an 83-year-old toll bridge that connects New Jersey to the New York City borough of StatenIsland.A new bridge could cost $700 million to $1.3 billion. But the agency that owns the bridge,the Port Authority of New York and New Jersey, is short on cash.The Port Authority's airports and docks aren't bringing in the money they used to because ofthe global slump in trade. The agency has already slashed its 10-year construction plan from$29 billion to $24 billion because of plummeting revenue.In better times, the Port Authority would borrow money by issuing bonds, then hireengineers and construction firms to build a new bridge.But the agency has committed $8 billion to rebuilding the World Trade Center complex inLower Manhattan and is worried about overextending itself, said Christopher Ward, the PortAuthority's executive director."The Port Authority is not the robust agency that otherwise would be able to do a GoethalsBridge project on our own," Ward said. "You just can't do this project and everything elsefrom our traditional financing mechanism."Eight private developers have said they are interested in the project, the first time the PortAuthority has tried it, Ward said.The developer would have to put up at least 10 percent of the bridge's cost. Another 33percent could come from loans from the federal government. The rest would likely beborrowed from banks or investors.The bottom line: The new Goethals Bridge could cost the Port Authority $30 million to $100million more than if it financed the project itself, Ward said.Opponents say that kind of money would be better spent on other projects. They fear theadded costs may be passed on to the public through higher tolls, airport fees and shippingcosts.Page 24 of 179
"In the end, it is much cheaper and a lot better to do it the traditional way" rather thanthrough a public-private partnership, said Darrin Roth, director of highway operations forthe American Trucking Association.New York's comptroller, Thomas DiNapoli, is also wary of the deals. In January, he issued areport warning policymakers to be on the lookout for "unfavorable pricing, unrealisticexpectations and budget gimmickry" in public-private partnerships.Deputy Comptroller Thomas Nitido said the comptroller's office had not examined thedetails of the Goethals bridge project.Proponents say while privately financed projects can be more expensive, they can alsousually be done more quickly."The financial situation for state and local governments doesn't look very good for the nextcouple of years, and how long can you postpone these things?" Richard Norment, executivedirector of the Arlington, Va.-based National Council for Public-Private Partnerships.With private financing, he said, "You get the best of both worlds."In the case of the Goethals Bridge, Ward said the Port Authority would save on the annualcosts of maintaining the old bridge. He said the Port Authority had not started negotiatingwith a developer yet and would not sign any deal that does not benefit the public.Private investment also makes projects less dependent on the U.S. government's shrinkinghighway trust fund, said Richard Ridings, a former president of the American Public WorksAssociation. The gasoline tax that goes into the fund has been pegged at 18.4 cents per gallonsince 1993, and Congress has been reluctant to raise it despite rising highway constructioncosts.Some states have embraced public-private partnerships. Texas has built five new toll roadsunder such arrangements in recent years. Florida has given the go-ahead for a tunnel to thePort of Miami and toll lanes along the I-595 freeway in Broward County.Other states have had second thoughts. The Missouri Department of Transportation says itsaved more than $500 million in 2008 when it opted for traditional financing instead of a 25-year, privately financed installment plan to replace hundreds of bridges in that state.Other plans have run into legal obstacles. This month, Virginia officials abandoned plans tobuild a toll lane along a six-mile stretch of highway near Washington because of a lawsuit byPage 25 of 179
Page 1 and 2: CSI in the NewsMarch 2011College of
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Page 5 and 6: ArtsPage 5 of 179
Page 7 and 8: After 25 years working in the Broad
Page 9 and 10: This class will help kids develop a
Page 11 and 12: Student photography exhibit at CSI,
Page 13 and 14: "She inspired the whole show," Ms.
Page 15 and 16: ox Office, 2800 Victory Boulevard,
Page 17 and 18: In preparation for the district fes
Page 19 and 20: But the singer is just as witty as
Page 21 and 22: Faculty & StaffPage 21 of 179
Page 23: March 1, 2011Governments Consider C
Page 27 and 28: Free RepublicBrowse · SearchPalest
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Page 31 and 32: same borough street (Mountain View
Page 33 and 34: A revealing look at a different rel
Page 35 and 36: Discover what's hot at New Springvi
Page 37 and 38: facing tap-points early in the seas
Page 39 and 40: largest candy makers. The site repr
Page 41 and 42: March 21, 2011 Monday 15 AdarII 577
Page 43 and 44: conditions for the animals are actu
Page 45 and 46: Census figures show considerable dr
Page 47 and 48: Census puts Staten Island's populat
Page 51 and 52: Ten finalists, who'll earn hairstyl
Page 53 and 54: SportsPage 53 of 179
Page 55 and 56: The winner of the CSI vs. Rutgers-N
Page 57 and 58: Violets prepare for first-round sho
Page 59 and 60: "Our goal at CSI is to build a prog
Page 61 and 62: "I don't want to minimize the impor
Page 63 and 64: CSI's season ends with 75-68 ECAC o
Page 65 and 66: Hughes 4-9 0-0 9, Van Manen 5-7 0-0
Page 69 and 70: for. Even with the long-standing ri
Page 71 and 72: CSI left the bases loaded in the se
Page 73 and 74: Daramola, Zenia George, Tia Gardene
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The Dolphins are counting on a deep
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CSI bats go silent in 5-2 baseball
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College of Staten Island softball t
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at Winter Haven, Fla.Messiah 000 01
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Jessica Iuliano (W) and Kalyn Deso.
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Baseball: CSI tops New Paltz to sna
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Although the Dolphins suffered thro
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The Dolphins travel to New Jersey C
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Romanov (back), Schevchenko (butter
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Novikov was dead last after the fir
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CSI swimming medley relay takes six
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It was CSI’s second bronze of the
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College of Staten Island baseball w
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CSI blasts Lehman in softball sweep
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StoriesPage 107 of 179
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Victims of sinister medical procedu
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compared to spraying the germs and
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Brooklyn girl flourishesat new scho
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Staten Island Day Camp Is A Great P
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Episcopal Church, Richmond.© 2011
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spokesman for the city Department o
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A rotating location.15. Forest Aven
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“I’m a swimmer. I like to play
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Hillel at College of Staten Island
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Barbara Bedell: Celebrating success
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Professor: Staten Islanders are liv
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Lifestyle changes help 2 Slim Down
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Nearly two weeks later Ms. Negron h
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companies can help.The Home Show Co
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College Radio Stations Offer Many L
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www.twloha.com for more information
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In recent years, Pool Therapist Man
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Arabia as a covert missionary. His
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executive director of the Hebrew Fr
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Numerous vendors will be raffling o
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MARIST TO HOST NATIONAL HISTORY HON
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Development Corp.© 2011 SILive.com
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"They usually build their nests in
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For Staten Island author Tracy Brow
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From there, she grabbed stories fro
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Ms. Lugo is one of the success stor
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CSI students journey to the Far Eas
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Mar 18, 2011NYC's CUNY College ofSt
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students don’t have a lot of mone
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she said.Shana said that seeing her
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"We want (our players) to take part
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Vietnam and Iraq wars, among others
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St. George resident to receive Harr
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Islanders in Uniform -- March 13, 2
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