Re: Draft on Detroit Infrastructure Commitment-dfp v. 3

podesta-emails 1,484 words email

P17 V11 V16 D1 D6

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it On Sun, Mar 6, 2016 at 3:01 PM, John Podesta <[email protected]> wrote: > I think we have to say the American Federation of Teachers or they will > hear that we are afraid to be associated with the union > > > On Sunday, March 6, 2016, Sara Solow <[email protected]> wrote: > >> (For the record I do know that AFT = American Fed of Teachers!! But I >> just worry that viewers don't so I was trying to suggest very simple >> language!) >> >> On Sun, Mar 6, 2016 at 2:47 PM, Sara Solow <[email protected]> >> wrote: >> >>> For the viewers who don't know what the AFT is or any of these big >>> phrases... two questions >>> >>> 1) is she personally involved in helping get Detroit schools money to >>> rebuild, or no? >>> 2) If not, then should she just say "the teachers are working with the >>> mayor to loan their own money -- from their retirement savings -- to help >>> rebuild the schools" >>> >>> On Sun, Mar 6, 2016 at 2:05 PM, Tina Flournoy <[email protected]> >>> wrote: >>> >>>> just to keep the legal part straight - on the AFT part - second bullet >>>> - should say they will work “with their trustees” to make sure >>>> >>>> On Mar 6, 2016, at 1:46 PM, Ann O'Leary <[email protected]> >>>> wrote: >>>> >>>> Will do with Randi - weave in Clinton story and make sure they release >>>> it before tonight's debate. >>>> >>>> And for HRC's TPs at TONIGHT at debate - here is what I suggest and >>>> here is background: >>>> >>>> >>>> - We need to insist on Congressional and State action to fix the >>>> water infrastructure in Flint and the molded, crumbling schools in Detroit, >>>> but we cannot wait for their action. >>>> - I am proud that unions and their pension funds have stepped up to >>>> offer help. In Flint, while the Mayor is awaiting the federal and >>>> state resources to remove and replace the lead pipes, the Union Labor Life >>>> Insurance Company (ULLICO) will offer up to $25 million in “gap financing” >>>> in the form of low-cost loans so Flint can start this work immediately. >>>> - And in Detroit, the American Federation of Teachers just >>>> announced they will work to make sure that union pension funds can also be >>>> used to renovate and overhaul classrooms and school infrastructure >>>> in Detroit’s 97 pubic school buildings. Of course, the state must act as a >>>> partner in addressing Detroit's public school debts, but the unions are >>>> doing more than their part to help fix these egregious problems. >>>> >>>> BACKROUND: >>>> *FLINT* >>>> >>>> · *CGI/Labor Infrastructure Pension Funds* – In 2014, some of the >>>> largest pension funds that handle union pensions made a CGI commitment, >>>> pledging to invest over $10 billion in infrastructure projects nationwide. >>>> President Clinton encouraged this fund to help with Mayor Weaver’s plans to >>>> replace the city’s lead pipes. Mayor Weaver’s Fast Start Plan would replace >>>> the city's 15,000 lead pipes in one year. This $55 million project >>>> would target high-risk households first, and expand in phase two to replace >>>> pipes for all Flint water customers. While the Mayor is awaiting the >>>> federal and state resources for the project, Union Labor Life Insurance >>>> Company (ULLICO) believes they can provide $25 to $30 million in “gap >>>> financing” in the form of a low-cost loan. They also have experience >>>> investing in and managing municipal water systems (Rialto, CA). The >>>> Building Trades are also an important partner on the workforce side. The >>>> Mayor said one of their biggest challenges is "lack of capacity" and >>>> manpower to move this project and will be working with the building trades >>>> to get the manpower she needs. The Plumbers Union has provided early >>>> help (Chelsea visited the Plumbers Hall to thank them when she went to >>>> Flint), but the city will likely need to draw on the skilled trades from >>>> around the region to complete a project of this scale. >>>> >>>> >>>> >>>> *DETROIT* >>>> >>>> *Outline of Detroit Infrastructure Commitment Announcement* >>>> >>>> >>>> >>>> • The American Federation of Teachers (AFT) has partnered with >>>> the Amalgamated Bank, the National League of Cities and the First Five >>>> Years Fund to launch a $100 million Education Infrastructure Fund. >>>> >>>> • This revolving loan fund provides affordable, flexible capital >>>> loans to public school systems for capital improvements and other >>>> infrastructure upgrades for early childhood facilities and K-12. >>>> >>>> • It provides for acquisition, construction and term financing to >>>> build or improve classrooms.. >>>> >>>> • The capital needs of the Detroit public schools are critical >>>> and growing. The city’s public schools have limited availability to >>>> adequate facilities, and a dearth of low cost capital providers. >>>> >>>> • Access to affordable capital will allow Detroit schools to >>>> renovate classrooms to provide for a healthy & safe learning environment. >>>> >>>> • The state of Michigan will serve as a critical backstop in the >>>> restructuring lead by transition manager Judge Steven Rhodes. >>>> >>>> >>>> >>>> • The labor movement, together with its asset manager partners >>>> and other stakeholders (North America’s Building Trades Unions and the >>>> Kresge Foundation) commit to provide the following for Detroit’s schools; >>>> >>>> o Low-interest loans, technical and business assistance and energy >>>> audits to upgrade heating and water systems, retrofit lighting and replace >>>> inefficient windows, and provide for removal and abatement of lead, mold >>>> and asbestos; >>>> >>>> o Work closely with the Mayor, community, Detroit Public School >>>> District and Judge Rhodes and other stakeholders to renovate and overhaul >>>> classrooms and school infrastructure in Detroit’s 97 pubic school >>>> buildings. This effort is conditioned on local control and the state acting >>>> as a partner in assuming and Detroit public schools debt, and in backing >>>> any new financing; >>>> >>>> o Other projects as mutually agreed; >>>> >>>> o >>>> >>>> >>>> • *Our consortium sets a goal of deploying $50 million in capital >>>> over the next year to achieve the goals outlined above*. >>>> • In the event the local landscape is stabilized and strengthened >>>> with the return of local control to the people of Detroit and the creation >>>> of a genuinely local entity with broad authority to oversee new schools, >>>> interventions, and closures, we anticipate exploring the possibility of >>>> committing even more capital and support to all public schools in the City.”On >>>> Sun, Mar 6, 2016 at 1:27 PM, John Podesta <[email protected]> >>>> wrote: >>>> >>>>> He's leaving for North Carolina so highlighting will need to be done >>>>> on social or by her. We need Randi to weave Clintons into >>>>> story if possible >>>>> >>>>> >>>>> On Sunday, March 6, 2016, Ann O'Leary <[email protected]> >>>>> wrote: >>>>> >>>>>> Yes, my feeling is AFT and ULLICO announced these efforts and then >>>>>> WJC highlights in next 48 hours. If that works, I'll get Randi out with it >>>>>> today. Ok? >>>>>> >>>>>> >>>>>> Ann O’Leary >>>>>> Sent from my iPhone >>>>>> (510) 717-5518 (cell) >>>>>> >>>>>> On Mar 6, 2016, at 1:14 PM, John Podesta <[email protected]> >>>>>> wrote: >>>>>> >>>>>> Ann >>>>>> Are you managing how and when this will get announced? It's moving >>>>>> fast and Randi is driving but not sure how we fit into announcement >>>>>> >>>>>> ---------- Forwarded message ---------- >>>>>> From: *Randi Weingarten* <[email protected]> >>>>>> Date: Sunday, March 6, 2016 >>>>>> Subject: Draft on Detroit Infrastructure Commitment-dfp v. 3 >>>>>> To: John Podesta <[email protected]>, John Podesta < >>>>>> [email protected]>, Ann O'Leary <[email protected]> >>>>>> >>>>>> >>>>>> John and Ann- this is a draft... Only a draft... Its gone back and >>>>>> forth last nite and this am between AFT and Richard Tao of the Mayor's >>>>>> office.... >>>>>> >>>>>> >>>>>> <Outline of Announcement on Detroit Infrastructure Commitment-dfp v. >>>>>> 2.docx> >>>>>> >>>>>> >>>> >>>> >>>> -- >>>> Ann O'Leary >>>> Senior Policy Advisor >>>> Hillary for America >>>> Cell: 510-717-5518 >>>> >>>> >>>> >>> >>