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NY Assembly urged to back $5B environmental bond

NY Assembly urged to back $5B environmental bond

Environmentalists are urging the New York Assembly to approve $5 billion bonding for upgrades and repairs to water and sewage systems, flood control projects and curbing air pollution.

Bills recently introduced in the state Senate and Assembly would authorize that borrowing, subject to voter approval in November 2014.

Audubon New York says the demand outpaces annual state spending and New York has outdated sewage systems that discharge billions of untreated gallons into waterways.

Officials from the state Department of Environmental Conservation say they haven’t yet evaluated the bond proposal, which has few details.

A 2008 state report showed $70 billion would be needed over 20 years for wastewater and drinking water projects statewide.

The fiscally conservative Empire Center calls the proposal excessive, noting the state’s $135 billion debt.

Copyright 2013 The Associated Press.

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