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City puts hold on Queens library system’s cash flow

“The city is tightening the cash spigot on the embattled Queens library system. Officials from the city Department of Design and Construction told the City Council Monday that they’ve frozen payments that allowed the library to use a portion of its capital budget on its own projects with minimal city oversight. “They’re all on hold,” DDC deputy commissioner David Resnick said. The freeze covers some $20.27 million in projects — including the Queens Central Library renovations exposed by the Daily News that have gotten library president Thomas Galante in hot water.” (via NY Daily News)

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