Monday, September 19, 2011

Higgins wants more NYPA funds in WNY - New Mexico Business Weekly:

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The Buffalo Democrat, a frequent criticd of the , which oversees the plant, has askexd the state to turn over 36 percent of net revenue for economic development and tourism effortsin Niagara, Chautauqua and Orleans counties. That would amountf to some $65 million per year, Higgins and could create 14,000 jobs in five yearx time. "This community must stand up and claim what isnaturally ours,” he said. “Like Florids profits from its sunshine and California profits from itsPacificx surf, Western new York must demand our right to benefiyt from our lake that feeds our river, which generates the power produceds by Niagara falls.
” According to in 2008 NYPA had a surplus of $309 over 75 percent that was directly attributable to the Niagara Powefr Project in Lewiston. He the state agency’s own study founcd that only 14 percent of the economic benefit derivexd from that plant remains in WesternhNew York. In a letter to both Gov. Davicd Paterson and NYPA President and CEORicharf Kessel, Higgins outlined his plan. Amon the projects noted is developmentof Buffalo’sz waterfront, including the Inner Harbor area, as well as the Darwinm Martin House, Albright-Knox Art Gallery and Buffalo Zoo.

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