During a recent government meeting, officials discussed the allocation of a proposed $40 million funding package related to community benefits and environmental restoration efforts surrounding Hart Miller Island. The conversation centered on the costs associated with the project, with the current estimate for the National Park Authority (NPA) set at $27 per cubic yard, with hopes to reduce it to $25 per cubic yard.
Aaron, a key speaker in the meeting, emphasized the confidence in the $40 million figure, stating it reflects the efficiency of utilizing Hart Miller Island compared to other scenarios. He clarified that this amount is distinct from restoration costs, which will be covered separately by TradePoint, ensuring that future discussions about community projects funded by the Community Benefits Agreement (CBA) do not overlap with restoration funding.
Richard Ord, assistant secretary from the Department of Natural Resources, joined the discussion, confirming that negotiations are ongoing but that the state is nearing agreement on the financial figures. The committee also explored how to allocate the $40 million between Hart Miller Island projects and surrounding communities, with a potential 50/50 split being suggested.
The meeting concluded without a vote on the funding allocation, as members were encouraged to continue discussions on the matter. The dialogue reflects a commitment to transparency and collaboration as the committee navigates the complexities of funding and community impact related to Hart Miller Island.