From: John Young <jya@xxxxxxxxxxxx>
Date: Wed, 11 Jun 1997 10:06:31 -0400
The City of New York is to be restored and carried forward into
the future under a plan announced today by a commission
composed of international government, business and civic leaders.
The plan, which had been rumored quietly underway, was revealed
at a gathering at the University Club attended by its supporters,
among whom are the world's most distinguished patrons of the arts
and sciences from the public and private sectors.
The plan has been devised by a distinguished panel of experts
from a wide range of disciplines in the sciences, arts, humanities
and business. Multiple professional teams and educational institutions
have been appointed to refine the plan, oversee its execution and
report to the world this first of its kind historical-futuristic project.
Under the terms of nondisclosure agreements required of team
participants, none will be named until completion of the project.
The General Secretary of the United Nations and the President
of the United States disclosed at the presentation that the city had
been declared an international landmark and under an agreement
with the U.S. State, Defense and Commerce Departments will be
the recipient of the first Dual-Use Economic and National Security
Act authorization to underwrite the cost of restoration and development.
A total of $75 trillion dollars has been allocated for disbursement
over a 25-year period.
The plan outlines a 25-year schedule commencing in 2000 to
stage the restoration and development of the city according to its
400-year history from native terrain to the future city in 2025.
Under the plan, already approved by the international public and
private agencies having jurisdiction, each generation of the city's
history, at 25-year intervals, will be represented by restoration of
each period in designated areas to show how development has
occurred and the multiple economic and national security forces
that have shaped it.
The area to represent the final period, 2000-2025, has not
been selected, and will be the subject of an international competition
conducted in 2000 under the auspices of the United Nations.
The plan anticipates a program for temporary relocation of inhabitants
in the affected areas, subsidies for compensating those permanently
displaced and suitable monuments to commemorate the battles for
property, wealth and glory.