MTA Agreement Reached Between City, State
The New York City region's mass transit capital spending program will be funded for the next five years under a deal being announced by Gov. Andrew Cuomo and Mayor Bill de Blasio.
The $26.1 billion agreement announced Saturday will pay for infrastructure repairs and improvements for the Metropolitan Transportation Authority.
The fund had become the latest front in the ongoing feud between Cuomo and De Blasio. They sniped at each other in recent weeks over how much the city would contribute.
City officials upped their offer to $2.5 billion late this week on the condition that the state not tap the capital fund for other uses.
The state agreed and is contributing $8.3 billion.
The deal should prevent further delays to ongoing capital projects, including the construction of the Second Avenue subway line.
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