Weather Alert

MODERATE TO HEAVY SNOW STORM WED. AM THROUGH WED. NIGHT

Low pressure developing off the Southeast coast will quickly move northeast tracking south of New England through Wednesday night as colder air arrives to produce a moderate to heavy snow storm for much of the region.  Snow will develop quickly Wednesday morning and fall heavily at times through the afternoon and evening before tapering off and ending before daybreak on Thursday.  Expect difficult travel conditions with snow packed roads and low visibility through the duration of this storm.  Click Here for the CBS6 Weather Forecast Page

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Channel 6 News - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

NY Thruway borrows $700 M for Tappan Zee project

ALBANY (AP) -- New York's Thruway Authority board is agreeing to borrow $700 million to keep the Tappan Zee Bridge replacement project under way as federal officials continue to consider providing a billion-dollar loan.
 
The Thruway Authority will borrow $500 million to repay a loan it took out in February to keep the project moving. That loan must be repaid by the end of September. The Thruway Authority is also borrowing $200 million to cover its cash flow on the project to replace the busy Hudson River crossing north of New York City.
 
An authority spokesman said Wednesday the interest to be paid by the authority is less than 1 percent.
 
The Obama administration has been supportive of New York's chances for a $1.5 billion loan to fund the $3.8 billion bridge replacement.

   AP-WF-09-11-13 2318GMT
 
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