A few follow-ups from
a recent entry:
* 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.