* The Committee on Finance and Revenue held its hearing on Tuesday morning on B18-0299, the "Waterfront Park at the Yards Funding Act of 2009," which will create a fund to maintain and "program" the park from a special assessment on development at the Yards, plus sales tax revenues at the park's retail venues for five years, and proceeds from any "naming rights." The hearing wasn't exactly a barnburner--there were three three-minute statements by Jamison Weinbaum of the Office of the Deputy Mayor, Alex Nyhan of Forest City, and Michael Stevens of the Capitol Riverfront BID--Nyhan described the funding set-up as "taxing ourselves extra," and also mentioned that an $2 million for getting the park started has been secured from the USDOT PILOT funding.

Jack Evans really only had one question: how much will it cost the city? Weinbaum explained that the sales taxes from the retail pavilions that would normally go into the city's general fund will for five years go into this new maintenance fund, but since there is no income from the park's property now, there will be no net loss to the city, and then will be a gain after five years. Evans said that he likes this model of having the private sector taking care of the park (even though the park will be city-owned when it's completed).

If you want to see the testimonies and questions, watch the streaming video (you can skip ahead to the 1:09:00 mark, since it was a long hearing).

* The Twitter box at the top of my home page was out of commission on Tuesday, so those of you who don't suscribe to my Tweets either directly or on Facebook missed out on the flurry of updates about the natural gas smell at Third and Virginia. Reader MB (who had already called Washington Gas four times) talked to a cop who was parked at the intersection Tuesday morning, who called in the smell, and before long fire trucks had arrived, followed by Washington Gas. The southern part of the intersection was closed until nearly 9:30 that night, with two pretty deep holes dug and all sorts of work done. MB reports this morning that the smell appears to be gone (I didn't notice it when driving through this morning, unlike on Monday).

* Speaking of that stretch of Third Street, the new No Parking during rush hour signs have now been posted on both sides of Third Street beneath the SE Freeway. If you drive north out of Near Southeast during afternoon rush, let me know if traffic appears to be flowing better.

* The latest on Cornercopia--reader DT (who is *gunning* for my free sandwich offer) reports speaking today with the man who will be running with the deli, who said that they are awaiting permits, and hope to open in July. Maybe even July 1.

* Reader MB reports having smelled natural gas a number of times recently in the intersection of Third and Virginia, right before you head north under the SE Freeway underpass. I just drove through there a little while ago and smelled it quite strongly inside my car, even with the windows rolled up. She says she's called Washington Gas a number of times, and it seems to get fixed temporarily, but then returns. She left a message with the mayor's office today. So, if you hear a big BOOM, you'll know what happened, and the Powers That Be can't say they weren't warned.

* Reader CA reported last week having seen a big gathering of people outside the Post plant at 225 Virginia--I saw them myself at around 1 pm today, and it appeared to maybe be a group of young folk involved in the DC summer jobs program, but I don't know for sure. I can say they didn't look like a swarm of developers desperate to sublease the property.

* Lastly, a nearby resident has heard from DDOT and Tommy Wells's office that, within the next couple weeks, the two lanes of parking on Third Street underneath the freeway will be marked as No Parking during rush hours. This should allow for a de-facto creation of left turn and thru lanes for the northbound lanes at the light on the north side of the freeway, perhaps allowing thru traffic to get through the light more quickly and to shorten the backup southward down Third.

The list names both the PILOT fundings for Capper ($55 million) and the Yards ($30 million), though I'm not sure exactly how that would work, given that some of that money is already going to the construction currently underway at Capitol Quarter, the Park at the Yards, and Diamond Teague Park. (Though the $30 million cited for the Yards/DOT PILOT is a lot less than the total $112 million sum received from that PILOT; the Capper $55 million, though, is the full amount of that PILOT.) There's a hearing now scheduled for June 24.

If you want more background on what exactly the PILOT funds are and how they work, here's some old entries of mine to browse.

UPDATE: In the "What Does This Mean for Capper?" department: The funding is in place to finish Phase I of the Capitol Quarter townhomes now under construction (unless the council is *really* grabby), but the Housing Authority has been having a hard time looking for funding for CQ's second phase as well as the four mixed-income apartment buildings slated to be built around Canal Park. So I'm *guessing* that the money the council is wanting to grab would further delay that work? But I'm not sure, because I don't know exactly how much of the PILOT's $55 million is already spent or being spent just on CQ's first phase.

The two parks, as well as some other projects along the Anacostia Waterfront, are tied to what my archives say was a $112 million PILOT from the construction of the US Department of Transportaton HQ. I just confirmed earlier today that Diamond Teague is still on schedule for a mid-July opening, and given all the flourishes (such as the groundbreaking) of the public/private partnership for the Park at the Yards I would think they wouldn't grab that money away. (I was wrong in an early version of this post to say that Canal Park was part of the DOT PILOT; it was originally, but not in the final version, apparently.) The DOT PILOT is also supposed to fund Marvin Gaye Park and Kingman Island; and DMPED said at the time that "Funds could also be used to finance parks and infrastructure at Poplar Point, the Southwest Waterfront, the Southwest Waterfront Fish Market, along South Capitol Street and a pedestrian bridge connecting the Parkside neighborhood to the Minnesota Avenue Metrorail Station."