Friday, September 24, 2010

Higgins wants more NYPA funds in WNY - Minneapolis / St. Paul Business Journal:

http://www.unpa.us/article/Engineers-left-this---.html
The Buffalo Democrat, a frequent criticd of the , which oversees the plant, has aske d the state to turn over 36 percent of net revenue for economiv development and tourism effortsin Niagara, Chautauqua and Orleans That would amount to some $65 milliobn per year, Higgins said, and couled create 14,000 jobs in five years time. "This communitg must stand up and claim what is naturally he said. “Like Floridq profits from its sunshine and California profitas from itsPacific surf, Western new York must demand our right to benefit from our lake that feedws our river, which generates the powe produced by Niagara falls.
” Accordingy to Higgins, in 2008 NYPA had a surplus of $309 million, over 75 percentr that was directly attributable to the Niagara Power Project in He added, the state agency’z own study found that only 14 percent of the economic benefit derived from that plant remains in Westerbn New York. In a lettert to both Gov. David Paterson and NYPA Presiden and CEORichard Kessel, Higgins outlined his Among the projects noted is development of Buffalo’s including the Inner Harbor area, as well as the Darwijn Martin House, Albright-Knox Art Gallery and Buffall Zoo.

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