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rurallib

(63,156 posts)
Wed Sep 5, 2018, 07:22 PM Sep 2018

FEDERAL FUNDING FOR CEDAR RAPIDS FLOOD WALL IS NOT AS ADVERTISED

(before you read this anyone want to guess who is fucking CR over?)
https://iowastartingline.com/2018/09/05/federal-funding-for-cedar-rapids-flood-wall-is-not-as-advertised/

The $117 million in federal funding for the Cedar Rapids flood wall is not as was originally publicly promised, Starting Line has confirmed from multiple sources.

Last month, city leaders were informed by the U.S. Army Corps of Engineers that $41 million of the federal funding that was announced in July will instead be a low-interest loan that the city must repay over 30 years. That would present a significant increase in costs to the city to build the wall needed to prevent against future catastrophic floods.

Mayor Brad Hart and City Manager Jeff Pomeranz wrote to Congressman Rod Blum in early August about their “grave concern” that Cedar Rapids may not receive the full $117 million. Cedar Rapids already faces a $342 million gap in funds for the $750 million required to complete the project over 20 years, which could fall on local taxpayers’ shoulders to fund if they can’t find the money elsewhere.

The city leaders told Blum that getting the full $117 million as a grant is “inherent and critical to this project’s completion and success.”


Blum? Grassley? Ernst? Way to go! <<More at link>>

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FEDERAL FUNDING FOR CEDAR RAPIDS FLOOD WALL IS NOT AS ADVERTISED (Original Post) rurallib Sep 2018 OP
Oh darn atreides1 Sep 2018 #1

atreides1

(16,345 posts)
1. Oh darn
Wed Sep 5, 2018, 07:30 PM
Sep 2018

I got no sympathy for people who elect Russian assets to represent them...those local taxpayers need to pay their part of the bill!!!

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