WNY POWER PROCEEDS ALLOCATION BOARD TO RECOMMEND FIRST ROUND OF ECONOMIC DEVELOPMENT FUNDING

 

   

May 9, 2013

 

FOR IMMEDIATE RELEASE

 

BUFFALO—The Western New York Power Proceeds Allocation Board is scheduled to meet on Monday, May 13, at 3 p.m., at the Niagara Power Vista at 5777 Lewiston Rd., in Lewiston, N.Y.

The proceeds board is expected to make the first funding recommendations under legislation signed into law last year by Gov. Andrew M. Cuomo to apply the net earnings of the market sale of unutilized hydropower from the Niagara Hydroelectric Power Plant to support the growth of businesses in the region.

 

Consistent with Section 104(4) of the Open Meetings Law, the public has the right to attend Monday’s meeting, which will be video streamed at http://www.nypa.gov/wnyppab. Media inquiries should be directed to the Press Hotline of Empire State Development, at (800) 260-7313 or to PressOffice@ESD.NY.GOV.