WNY Power Proceeds Allocation Board to Recommend Fifth Round of Economic Development Fundings

January 31, 2014


BUFFALO—The Western New York Power Proceeds Allocation Board is scheduled to meet on Monday, February 3, at 4 p.m., at the Empire State Development offices at 95 Perry Street in Buffalo, New York.

The proceeds board is expected to make the fifth funding recommendations under legislation signed into law by Governor 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.