Just a quick note on the Bob Duffy interview on WXXI’s Need to Know program, (which airs in Rochester on Friday night at 9 p.m. or Sunday afternoon at 12:30 p.m.). It was all about the Ferry – and Duffy made his case for why it had to end.
Duffy said his administration negotiated an agreement with the Australian lenders, EFIC (or Export Finance and Insurance Corp.) to delay payments on the $40 million loan the city took out a year ago to purchase the vessel. That will give the city more breathing room as it works to shut down the ferry and close the books on the venture. You can read the story here.
You can listen to the full Need to Know interview with Duffy on the ferry closure here.