Dive Summary:

• New York City Mayor Michael Bloomberg announced in a speech Thursday at a Regional Plan Association meeting that Consolidated Edison has agreed to spend $250 million on repairs and upgrades following Superstorm Sandy.
• The money will go to help ensure that electrical, steam and gas system infrastructure will be able to withstand a Category 2 hurricane in the future.

From the article:

NEW YORK (CBSNewYork/AP) – Mayor Michael Bloomberg said New York City will work on upgrading building codes and evacuation-zone maps, hardening power and transportation networks and making sure hospitals are better prepared for storms. ...