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WTC Records Folder 0140 label, 2001

Machine-extracted title · confidence 100%

Archival folder label from the Office of the Mayor for World Trade Center records, identified as Folder 0140.

NYC-WTC_000136670–000136818

Folder label: “Folder 140

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NYC 9/11 Public Portal Document

-2-

reimbursement, through FEMA's Public Assistance Program, for costs related to emergency response, debris removal and for public infrastructure repair and rebuilding efforts are critical. This assistance will cover:

• Search and rescue efforts; • Emergency care for victims and their families; • The repair of transportation infrastructure, utilities, and other public facilities, including the uninsured costs for reconstruction of destroyed buildings in the affected area; and • The cost of other temporary activities and facilities necessary to stabilize the community.

While these costs will continue to evolve as the recovery proceeds, the current estimate is $34 billion.

II. ECONOMIC STIMULUS, REDEVELOPMENT AND REGENERATION OF THE ECONOMY - $20 billion

The goal of the World Trade Center Recovery Zone, or "Liberty Zone", is to reestablish the self-sustaining, long-term economic growth, which existed in New York prior to the terrorist attacks of September 11, 2001. This would be accomplished by using public funds and tax incentives to restore private investments to these areas.

> Supporting Families and Dislocated Workers ($3 billion)

Families and dislocated workers will need special assistance to ensure adequate resources are available to deal with the impact of the terrorist attacks. President Bush's proposals to extend unemployment benefits, provide grants for health insurance coverage, income supplementation and job training, in addition to providing assistance in accessing existing job search and training services will significantly mitigate this severe problem.

In addition, the Federal government should recognize the extraordinary fiscal jolt a huge influx of unemployed, injured and dislocated workers will have on the State's Unemployment Insurance Trust fund, as well as its workers compensation programs.

> Providing Economic Restitution to Regenerate the State and City Economies ($12 billion)

The destruction in lower Manhattan disrupted or eliminated revenue streams that support the day-to-day functions of the City and the State. The City and the State could experience revenue losses of up to $12 billion

NYC-WTC 000136746

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NYC-WTC_000136746Source: NYC Law Department, mirrored locally

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