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HOME - Privatization Pay To Privatize?
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Written by Scott Silver
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Wednesday, 04 October 2006 |
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We hear every day that federal land managers have no money and therefor must unload the operation of public facilities in order to cut costs.
Here's a twist on that standard model.
Congress has just authorized payment of up to $10 million dollars to a non-profit organization as part of a deal designed to PRIVATIZE a 96-mile National Heritage waterway -- privatize being the word used in the appended article.
Pay-to-privatize!?
Is this the wave of the future?
Scott
-- begin quoted ---
September 30, 2006
Final OK will privatize site I&M CANAL
By CHRISTINA CHAPMAN - Staff writer
It's almost official -- the Illinois & Michigan Canal's future will
be under the private control of the Canal Corridor Association, with
federal funding, if President Bush signs a bill.
After three tries, the Senate finally passed the long-awaited bill
sponsored by U.S. Rep. Jerry Weller, R-Morris, reauthorizing
administration of the canal to the CCA. That will provide the CCA with
$10 million in funding over the next 15 years to promote job creation
and tourism. Up to $1 million can be used a year and the funds have to
be matched dollar-per-dollar with nonfederal funds.
"It was a long time coming, but I'm pleased to say we can now work to
provide the I&M Canal with crucial funding for its operations,"
Weller said in a statement.
After the president's approval, the next step will be appropriating funds in the 2008 fiscal year budget.
"We are very much excited," said Ana Koval, president and CEO of the CCA, which will be in charge of raising the matching funds.
"It is very good news. But, this is not the last step. Now we need to get the appropriations for the funding," she said.
Back in July, Koval said when the House passed the bill a management
plan -- with the 49 communities along the canal -- would be developed
to outline priorities, which could include water sports and education
programs.
The I&M Canal is a 96-mile waterway running from Chicago through
Will and Grundy counties and westward to the Illinois River at
LaSalle-Peru. The corridor was America's charter National Heritage area
created by Congress in 1984. From 1984 to 2004, the federal I&M
Commission managed the corridor and partnered with the canal
association and others to implement projects and programs involving the
canal.
"The I&M Canal is an important part of our history and for the last
two decades has served as an important economic development tool to
attract tourists and visitors," Weller said. "As people visit
communities along the canal, they'll shop in our stores, and eat in our
restaurants, and that's a stimulus for the local economy. By preserving
a part of our past, we've helped contribute to our future."
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