Coalition for the National Infrastructure Bank

$5 Trillion, 25 Million Jobs

Peekskill Council (NY), Akron Bricklayers Support National Infrastructure Bank

Feb 26, 2021
The City Council of Peeksill,  located by the Hudson River in Westchester County has joined the growing number of cities endorsing the creation of  a National Infrastructure Bank. Here is some of the language from that resolution, all of which can be downloaded from the Endorsements page on the NIB website.
"WHEREAS, repairing, replacing, and updating New York State's wastewater infrastructure would cost
$36.2 billion over 20 years; nearly half NY State's pipes were built prior to 1941. New York roads were
graded D- by ASCE and the combination of rough roads and congestion costs motorists a total of $6.3
billion statewide, over $500 per driver annually; and
WHEREAS, the aging Hudson River tunnels must be repaired and replaced and new tunnels built to
alleviate the rail congestion. 20% of the nation's Gross Domestic Product goes through the existing
tunnels on a daily basis and any shutdown would be catastrophic. The expected cost of this project is
$30 billion. The New York City subway system needs to be repaired and modernized. The cost of that
will be $50-$60 billion; and,
WHEREAS, the City of Peekskill, like all other urban areas in the Hudson Valley Region, faces
extraordinary costs for the replacement of aging infrastructure, including pipes for water, wastewater
and storm water, reservoir dams, recreation facilities, building roofs and HVAC units, pavement and
drainage systems, streetscape improvements and other capital projects to be funded in part through
debt; and..."

Bricklayers Local 7, which represents that local in the Akron, Ohio area, also joined the ranks of local unions endorsing the NIB. Their resolution highlights the Davis-Bacon wages and jobs provisions of the proposed banks. 
Download Bricklayers Resolution Download Peeksill Resolution
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