Buffalo, NY - Mayor Byron W. Brown today previewed over $9 million in capital investments for infrastructure projects throughout the entire City that will be included in his 2020 Recommended Capital Budget.
Mayor Brown said, “Public infrastructure is critical to the City’s success. The $9 million contained in my Recommended Capital Budget will be invested in projects that develop commercial corridors, improve neighborhood streets and make movement around Buffalo safer and more efficient. These projects will have a long-lasting impact on residents and prepare our City to meet the evolving needs of residents and businesses.”
The $9,391,500 in capital investments Mayor Brown is recommending represent over 37% of the Recommended Capital Budget and signify the Administration’s ongoing commitment to expanding the City’s commercial corridors, promoting a wider array of transportation options, and maintaining high-quality streets for residents and visitors. The 2020 Recommended Capital Budget includes funding for the following projects:
Citywide Infrastructure Projects, including but not limited to: $7,728,007
Entertainment District Improvement Project Matching Funds $1,000,000
Court Street Improvements $300,000
City Building projects that are scheduled to be undertaken include improvements at the Broadway Market and façade stabilization at City Hall. Renovations to the Common Council Chambers are also included in Mayor Brown’s 2020 Recommended Capital Budget Plan. Authorized projects in the 2020 Recommendation, but not included for funding this year, include Phase 4B of the Niagara Street improvement project and future matching funds for the Entertainment District Improvement Project.
The full 2020 Recommended Capital Budget will be presented to the Common Council on Friday, November 1st. Per section 20-24 of the City Charter, Mayor Brown must present his Recommended Capital Budget to the Common Council by November 1st of each year. The Capital Budget process determines how the City will invest funds generated through the sale of municipal bonds.