Will anyone stop Governor Andrew Cuomo from using the state’s clean water program to pay for a big new highway bridge to replace the Tappan Zee?
The governor wants to take out a $511 million low-interest loan to cover part of the multi-billion dollar Tappan Zee replacement. A panel of Cuomo appointees is expected to green-light the maneuver at an 11:30 a.m. vote today, but state legislators and good government advocates are putting up a fight, saying the deal sets a dangerous precedent for a program intended for projects like wastewater treatment plants.
Yesterday, the regional office of the EPA got involved, saying it wants the state to answer more questions before taking federal clean water funds designated for New York City and using them to build the new Tappan Zee.
The New York League of Conservation Voters is asking New Yorkers to contact members of the panel before the vote to urge them not to sign off on the loan.
Cuomo’s bridge funding ploy reeks of political desperation. Early in his term he committed to the Tappan Zee project as a symbol of his ability to get things done, but there’s no way to pay for the mega-bridge he wants to build without either large toll hikes or fiscal shenanigans and sleight of hand.
The governor is now entering a reelection campaign against Westchester County Executive Rob Astorino, who is acutely aware of the Tappan Zee toll situation. Hence the current monkey business with the clean water fund.
So far, Cuomo has skirted the question of paying for the new Tappan Zee, delaying appointments to a promised toll and financing task force. While he has secured a $1.5 billion low-interest federal loan, the largest ever approved by U.S. DOT, he’ll need more cheap money to finance the $3.9 billion bridge. Cuomo is looking outside the Thruway Authority and its at-risk bond rating to better-rated state authorities that have lots of cash.