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

 

   

June 24, 2013

 

FOR IMMEDIATE RELEASE

 

BUFFALO—The Western New York Power Proceeds Allocation Board is scheduled to meet on Wednesday, June 26, at 10 a.m., at the Empire State Development office at 95 Perry Street, Buffalo, New York.

The proceeds board is expected to make the second 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 Wednesday’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.