Governors break ground for new Champlain Bridge, ferry to keep running

first_imgVermont Governor Jim Douglas and New York State Governor David A. Paterson today broke ground on a new Lake Champlain Bridge spanning the lake between Crown Point, New York, and Addison, Vermont. The governors were joined at the site of the approach to the former bridge by state and local elected officials, local business leaders and community members to officially kick-off the start of construction of the new bridge. Those who live and work in the area surrounding the Lake Champlain Bridge share family, friends and business relationships on both sides of the lake, Governor Douglas said. The ease and timeliness of transportation across Lake Champlain is critical to their way of life and economy. Everyone involved in this bridge project should be commended for getting us to this point so quickly.    Breaking ground on the new Lake Champlain Bridge is an important step in reconnecting our two states and restoring this critical link for commerce, tourism, employment, education and medical services, Governor Paterson said. I am proud to have worked closely with Governor Douglas to expedite this project, and commend the elected officials, community members and respective transportation officials for their efforts to work together toward a solution. The new bridge will be built at the same location as the previous structure in order to minimize historic and environmental impacts on the surrounding area. Construction will begin immediately and is expected to be completed in September 2011.The Modified Network Tied Arch Bridge will be a steel structure with an arch along the center span. Steel used will be treated for enhanced corrosion resistance. Multiple redundancies in the design make this bridge a safe structure that will have at least a 75-year service life. Bridge components are designed to be easily replaceable to reduce maintenance costs. Travel lanes will be 11 feet wide, with five-foot shoulders that will help accommodate larger trucks and farm vehicles, as well as provide ample room for bicyclists. Sidewalks will be built on both sides of the bridge.Flatiron Constructors, Inc. of Boulder, Colorado was awarded the contract to build the new bridge. While Flatiron will bring a core team of approximately a dozen managers, there will be many jobs for local workers with the appropriate qualifications.New York State Department of Transportation (NYSDOT) Acting Commissioner Stanley Gee said: Today signifies progress in reestablishing a permanent transportation link between New York and Vermont across Lake Champlain. During the last eight months, we have listened to the public and worked hard to deliver the design for a beautiful new bridge that pays full respect to both the historic and park setting of the surroundings while working at a record pace. We intend to keep up this pace during the construction of the new bridge.Vermont Agency of Transportation Secretary David Dill said: Design of the new bridge started almost immediately once it was determined that the old bridge could not be saved. The effort represents a massive undertaking by Vermont, New York, the federal government and the bridge s architect HNTB to design, engineer and permit the new bridge in only a few short months.The new bridge design was selected following significant outreach through public meetings and an online survey, which found strong community support for replacing the bridge with the Modified Network Tied Arch Bridge. This option was also supported by the bridge s Public Advisory Committee. Public preference was one of many factors considered as New York and Vermont chose the replacement bridge design and played a significant role in the final determination.The former Lake Champlain Bridge was closed last October after significant cracking was found in the structure s support piers and was demolished in December. (see demolition click HERE) New York and Vermont worked quickly to subsidize existing ferry service, and to establish free express bus service between New York and three major employers in Vermont, and shuttle bus service between several New York park-and-ride locations and the ferries.Additionally, a 24-hour, free, temporary ferry was opened in February, drastically cutting commuting time between New York and Vermont and effectively reestablishing commerce and emergency service along the corridor. Located immediately south of the former bridge, the temporary ferry, operated by the Lake Champlain Transportation Company, will continue to run until the new bridge is opened to traffic.In business since 1947, Flatiron has extensive experience building major interstate bridges all across the United States and in western Canada. The company rebuilt the Interstate 35W bridge in Minneapolis, Minnesota, following its tragic collapse in 2007. Flatiron has received numerous awards in recent years from some of the largest and most respected trade industries in the United States, including the Associated General Contractors of America, the American Council of Engineering Companies and the American Society of Civil Engineers.Source: Douglas’ office. 6.11.2010###last_img read more

French pension reserve fund contributes to €5bn tech investment pledge

first_imgA spokeswoman for ERAFP, France’s €29.6bn additional pension fund for civil servants, said it was also part of the investor group but could not reveal how much it would invest.Investments would be progressively directed towards tech in the context of the relaxation of its investment restrictions. ERAFP was recently granted permission to invest more in unlisted assets and mutual funds.FRR noted that the €500m it is committing is on top of a €2bn allocation to French illiquid assets that was decided several years ago and was now already largely invested.Yves Chevalier, executive director at FRR, told IPE that the €500m would be split equally across the venture capital late stage funds and the funds for investment in global listed tech companies.“These aren’t investments that we’ll be making immediately,” he said. “We’ll give ourselves the time to define a strategy to implement it in 2020 and 2021.” 25 unicorns in France by 2025Macron said the government wanted to see 25 French unicorns created by 2025.According to a report prepared for France’s economy ministry earlier this year, France had the attributes to be a leader of “the fourth industrial revolution” –  defined by the World Economic Forum as a fusion of physical, biological and digital technologies – but a lack of late-stage funding was preventing French technology companies from growing. French venture capital funds were typically smaller than their main foreign rivals, it said.Initial public offerings, meanwhile, were fairly rare in France and when they did take place, did not generally raise enough funds to transform the company in question.The report, written mainly by Philippe Tibi, the former head of Swiss bank UBS, recommended that institutional investors be invited to support venture capital funds focussed on the late-stage segment and based in France. It also recommended encouraging the emergence of global listed tech equity funds and managed by teams primarily based in France.More specifically, according to the report, France needed to attract about €10bn and recruit 50 asset managers in three years’ time. Of this total, some €8bn would have to come from institutional investors, it said.Pour la réussite de notre écosystème numérique, j’ai fixé un objectif clair :— Emmanuel Macron (@EmmanuelMacron) September 17, 2019 Fonds de reserve pour les retraites (FRR), France’s €32.7bn pension reserve fund, has said it is committing to investing, by 2022, €500m in French late stage/growth funds and in global tech funds managed in France. FRR’s commitment was made in the context of a government drive to promote French start-ups and encourage so-called unicorns (privately held firms valued at more than $1bn [€900m]) to list in Paris.Last month, in connection with “France Digital Day”, Emmanuel Macron announced that French institutional investors had pledged to invest up to €5bn, split across two categories: €2bn for investments in late stage or growth companies – unlisted equities – and €3bn for global tech funds that invest in listed companies and are managed by France-based asset managers.FRR is one of the investors to have publicly disclosed its involvement.last_img read more

‘Man Utd,Liverpool part of my dream’ – Tete

first_img Promoted ContentThe Models Of Paintings Whom The Artists Were Madly In Love WithTop 10 TV Friends Who Used To Be EnemiesPortuguese Street Artist Creates Hyper-Realistic 3D Graffiti10 Hyper-Realistic 3D Street Art By Odeith8 Ways Drones Will Automate Our FutureA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtCan Playing Too Many Video Games Hurt Your Body?Who Is The Most Powerful Woman On Earth?8 Superfoods For Growing Hair Back And Stimulating Its GrowthYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeThe Highest Paid Football Players In The WorldWhat Happens To Your Brain When You Play Too Much Video Games? Shakhtar Donetsk attacking midfielder, Tete has admitted his dream transfer would be to Manchester United, Liverpool or Barcelona. The 20-year-old, who predominantly plays on the right-wing, has made 16 starts in the league for the Ukrainian side this season and also made three appearances in the Champions League before Shakhtar were knocked out. Ole Gunnar Solskjaer is in the market for an attacking midfielder when the transfer window finally opens with right wing a priority. However, Borussia Dortmund star Jadon Sancho is the top target and there is no suggestion that Tete is on United, or Liverpool’s, summer transfer list. Still, the Brazilian admitted that he dreams of a move to the Premier League with a move to Liga giants Barcelona also counted among his ideal scenarios. “Three clubs are part of my dream in Europe: Barcelona, Manchester United and Liverpool. Gigantic clubs with fantastic managers and an incredible number of trophies. As a player, I dream of winning important titles and those clubs are incredible options to achieve that,” he told Esporte Interativo.Advertisement Loading… “I know United and Liverpool are rivals. But, if the moment of choosing one of them actually came about I would have to choose wisely.” But despite mentioning Barcelona the 20-year-old believes his style would be better suited to a move to the Premier League. “The Premier League is an extraordinary competition, the game is played at a great pace, there are lots of great managers and great clubs,” Tete said. “I feel the players have more creative freedom there. That’s the difference amongst Europe’s biggest leagues.” Nicknamed ‘Hurricane’ in his homeland, Tete never played a senior match for his previous club Gremio before being snapped up by Shakhtar for €10m (£8.9m/$11m) in 2019. And despite Brazil’s struggles at the Under-20 Copa Sudamericano in early 2019, Tete stood out as a potent attacking weapon, and it was not long until he would arrive in Europe. This season he has bagged five goals and four assists across all competitions as he secured his spot in Luis Castro’s starting XI. read also:Ozil ready to partner Victor Moses in the New Year Tete’s latest comments show he’s got ambitions beyond staying at Shakhtar and possibly following in the footsteps of fellow Brazilian midfielder Fred who joined United from the Ukrainian side in 2018. FacebookTwitterWhatsAppEmail分享 last_img read more

Iheanacho’s Brace Not Enough to Save City

first_imgBy Duro IkhazuagbeDespite scoring two goals yesterday Kelechi Iheanacho and his fellow Manchester City teammates watched with disbelief as Southampton inspired by Sadio Mane ran riot, whipping them 4-2.The 2013 FIFA Under-17 World Cup winner header in first in the 44th minute to pull a goal back for City after the Saints went up 2-0.Shane Long struck at the near post in the 25th before Mane doubled the lead from 10 yards three minutes later. It was Mane’s first goal of his hat-trick of the bitter evening for the visitors from Etihad.Mane pounced twice more to complete his hat-trick and ensure that the three points were intact. He reacted quickly as Jose Fonte’s header came off the crossbar for his second goal and converted Dusan Tadic’s pass to complete the hat-trick of the evening.By the Iheanacho found the top-right corner late on in the 78th minute match was all but over.It was the 19-year-old forward’s seventh Premier League goal in five starts.The only little blemish on a great day in the office for the Nigeria star was when he was dispossessed  of the ball for the home team to go ahead and get their fourth goal.Iheanacho is making his debut in the Premier League this season after he came through from the City youth team.The victory ensures Southampton – two points adrift of sixth-place West Ham with two games remaining – can still qualify for next season’s Europa League.City remain fourth – three points behind third-placed Arsenal, who have played a game more, and four ahead of fifth-placed Manchester United, who drew against leaders Leicester at Old Trafford.Manuel Pellegrini’s team still have a comfortable cushion over their city rivals, but face a defining week, with the second leg of their Champions League semi-final against Real Madrid on Wednesday followed by a tussle with Arsenal in the league four days later.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Reliable pipeline in danger for Syracuse after departure of National Sports Academy coach

first_imgBrittney Krebs likes to think she started a pipeline of sorts when she committed to Syracuse out of the National Sports Academy.That decision has since helped to spawn the arrival of junior Kaillie Goodnough and freshman Elizabeth Scala to come play for the Orange.“Kaillie was actually my roommate (at NSA), and she came, and we talked a lot through it,” Krebs, a senior, said. “And (Scala) talked to her about it, so it was kind of a pipeline.”That pipeline has helped Syracuse the past four years and given hope that several more players will come in the near future. It may be in jeopardy, though, because of NSA head coach Bill Ward’s recent departure from the program.The NSA is a highly competitive winter sports schooling and training program located in Lake Placid, N.Y. The school specializes in training luge, skiing, and boy’s and girl’s hockey players.AdvertisementThis is placeholder textFor the three SU players, playing at NSA gave them a glimpse of the challenges of balancing competitive hockey and an education.Scala said she would have to walk to practice every morning in negative-20 degree weather, before attending classes in the afternoon from 1 p.m. to 6 p.m.“It was really sports-oriented,” Scala said. “We would leave on Wednesdays or Thursdays, and our teachers would understand if we didn’t get our work done because we were playing all weekend.”Syracuse head coach Paul Flanagan said his relationship with Ward helped him originally recruit Krebs and allowed him to keep coming back to try and sign players.“It’s certainly one of the places that elite players tend to migrate to,” Flanagan said. “It’s really just another one of a handful of schools that cater to hockey players.”Scala, who scored a goal in Syracuse’s lone preseason game, said a lot of her NSA teammates have already reached out to her about playing at Syracuse.But while there is some interest from current NSA players to come and compete for the Orange, the pipeline might be at risk of suffering a dent. Ward, NSA’s coach for 11 years, left the school two weeks ago, Flanagan said. It may prove to be a recruiting hurdle for the SU head coach.“Unfortunately he’s not there anymore,” Flanagan said. “Now does that hinder any future recruiting? Right now we’re not recruiting anyone off that team for next year, but they have some pretty good young players. We have that identification with the school, and so much of it is that relationship with the coach.”If the NSA channel does eventually fall through, Syracuse may have others to fall back on. The Orange has two other pairs of players that both went to the same high school.Cara Johnson and Kallie Billadeau both attended Hopkins High School in Minnetonka, Minn., while Akane Hosoyamada and Jessica Sibley both graduated from Warner Hockey School in Alberta, Canada. Flanagan said that the reason Sibley came to Syracuse was because Hosoyamada was an icon at Warner, and when Sibley visited it was all but a done deal.“With any program, when you get a little bit of a pipeline going, your best advertisement is if someone is here and having a good experience,” Flanagan said. “They pass that information along.“Those kinds of things, whether it’s Warner or NSA or any of those schools, you try and build on that pipeline for sure.“ Comments Published on October 2, 2013 at 12:57 am Contact Sam: | @SamBlum3 Facebook Twitter Google+last_img read more

Crystal Palace 3-3 Liverpool

first_imgLiverpool’s title hopes look in tatters after they blew a three-goal lead with 11 minutes remaining to draw 3-3 at Crystal Palace. Brendan Rodgers’ men looked on course to move three points clear at the top of the Premier League table and heap the pressure back on Manchester City ahead of their home game against Aston Villa on Wednesday thanks to goals from Joe Allen, Daniel Sturridge and Luis Suarez.However Damien Delaney’s deflected strike and a two-goal blast from super-sub Dwight Gayle earned the Eagles an unlikely point in a crazy finale at Selhurst Park. The draw means Liverpool do move a point ahead of City at the top of the table but a win and draw from their remaining home games against Villa and West Ham respectively should seal Manuel Pellegrini’s side the title because of their super nine-goal goal difference.Liverpool had an early shout for a penalty when Yannick Bolasie’s wild swing caught Glen Johnson in the area and he went to ground but referee Mark Clattenburg awarded the corner instead. Mamadou Sakho should have scored from that seventh minute corner as he was left unmarked but headed down and wide of the far post.Allen’s high ball into the Palace area on 15 minutes was met by the head of Johnson who timed his run into the box to perfection but he couldn’t keep his effort down as it dropped on top of the stranded Julian Speroni’s goal. Liverpool took the lead three minutes later when they won a corner down the left after Sturridge’s effort was deflected inches wide of the far post.Steven Gerrard whipped the flag-kick in and Allen was unmarked at the back post to head in his first goal for the club. Palace came back into the game and Simon Mignolet was forced into his first meaningful save on 33 minutes as Jason Puncheon’s low strike flew towards the bottom corner and he got down well to parry it away. Two minutes later he was at full stretch to tip a deflected Miles Jedinak effort from outside the area over his bar. Liverpool had the final effort of the half on 43 minutes when Suarez tried to catch out Speroni at his near post with an effort from a tight angle down the left but the Palace keeper did well to save.Liverpool edged further ahead on 53 minutes when Sturridge collected a long ball from Gerrard and got in a shot from the edge of the box which deflected off Delaney on its way past Speroni. Two minutes later it was 3-0 as Suarez exchanged passes with Raheem Sterling before firing low past Speroni. Liverpool set about looking to eat further into City’s goal difference advantage as Speroni did well to tip over a fierce drive from Johnson on 67 minutes.However Palace got a foot-hold back into the game on 79 minutes when Delaney’s effort from outside the area took a slight nick off Johnson and flew into the top corner of Mignolet’s net. Liverpool’s nerves were jangling further two minutes later when Palace broke quickly from defending a corner and Bolasie surged into the left of the area before teeing up Gayle in the centre who coolly beat Mignolet with a side-foot effort.Palace continued knocking at the door for an equaliser and were rewarded with two minutes left as Glenn Murray chested on a long ball forward into the path of Gayle in the area and he made no mistake lashing his effort past Mignolet. Both sides went for a winner in stoppage time with Gayle firing an effort wide of the post for Palace and Liverpool substitute Victor Moses just failed to scramble the ball home from close range when the hosts couldn’t clear a corner into their area.Rlast_img read more