Page 20 - Program Loan News Today

And complex engineering. Man water is essential to the economic viability of new york city. Reliable infrastructure and Reliable Delivery of water is a must. You have to reinvest in the infrastructure every single minute to keep it current. Hurwitz we have the stock exchange, we have the United Nations failure can have a dramatic impact on the nation, and even internationally. So theres a really keen awareness that you always have to be fixing the system. Things corrode, they rust. They get to w...

Engineers in the 1950s discovered rust on the tunnels valves. There were concerns that if they closed the valves for tunnel inspections, they may never open again, leaving new york city without water. So they chose to keep them open. As a result, there has not been significant inspection, maintenance, or repair of the tunnels in decades. No one knows their current condition. Hurwitz currently, city tunnel 1 and city Tunnel Number 2 would be feeding each half of the city. So youd lose half the ci...

That making any accommodation to shut it down, to do something to it, is very difficult. Narrator two Massive Underground tunnels, called simply tunnel 1 and tunnel 2, provide most of the citys water supply. They run hundreds of feet below manhattan, far deeper than the subways. Built at the beginning of the 20th century, they are concretelined and bored through solid rock. They could last centuries. But the mechanical equipment within them will not. Engineers in the 1950s discovered rust on the...

But the mechanical equipment within them will not. Engineers in the 1950s discovered rust on the tunnels valves. There were concerns that if they closed the valves for tunnel inspections, they may never open again, leaving new york city without water. So they chose to keep them open. As a result, there has not been significant inspection, maintenance, or repair of the tunnels in decades. No one knows their current condition. Hurwitz currently, city tunnel 1 and city Tunnel Number 2 would be feed...

Provide most of the citys water supply. They run hundreds of feet below manhattan, far deeper than the subways. Built at the beginning of the 20th century, they are concretelined and bored through solid rock. They could last centuries. But the mechanical equipment within them will not. Engineers in the 1950s discovered rust on the tunnels valves. There were concerns that if they closed the valves for tunnel inspections, they may never open again, leaving new york city without water. So they chos...

And to expand existing systems. Narrator because original Infrastructure Investments were frequently subsidized by the federal government, Water Pricing was often calculated without accounting for the initial cost to build the systems. We made Major Investments in assets in the 50s, 60s, and 70s. And for the first 40 years of that pipe, there really may not have been many maintenance requirements. Were past that period now. Narrator Water Pricing based only on daytoday operation, and not on plan...

Which acts to protect rivers and lakes, and sources of Drinking Water. The second was the Safe Drinking Water act, that provides federal standards to assure the safety of the water that we drink. Both acts have been amended since they were first adopted, and theyre both cornerstones for the water issues that we face in america today. Allbee the clean water act set a floor and basically said, everybodys whos discharging is going to have to have a permit, and to achieve this defined performance le...

They could last centuries. But the mechanical equipment within them will not. Engineers in the 1950s discovered rust on the tunnels valves. There were concerns that if they closed the valves for tunnel inspections, they may never open again, leaving new york city without water. So they chose to keep them open. As a result, there has not been significant inspection, maintenance, or repair of the tunnels in decades. No one knows their current condition. Hurwitz currently, city tunnel 1 and city Tu...

They could last centuries. But the mechanical equipment within them will not. Engineers in the 1950s discovered rust on the tunnels valves. There were concerns that if they closed the valves for tunnel inspections, they may never open again, leaving new york city without water. So they chose to keep them open. As a result, there has not been significant inspection, maintenance, or repair of the tunnels in decades. No one knows their current condition. Hurwitz currently, city tunnel 1 and city Tu...

That making any accommodation to shut it down, to do something to it, is very difficult. Narrator two Massive Underground tunnels, called simply tunnel 1 and tunnel 2, provide most of the citys water supply. They run hundreds of feet below manhattan, far deeper than the subways. Built at the beginning of the 20th century, they are concretelined and bored through solid rock. They could last centuries. But the mechanical equipment within them will not. Engineers in the 1950s discovered rust on the...