Media Advisory and Photo Opportunity: Buffalo and
Erie County Greenway Fund Standing Committee
to Hold Meeting
On Oct. 29
October 27, 2009
FOR IMMEDIATE RELEASE
LEWISTON—The Buffalo and Erie County Greenway Fund Standing
Committee will hold a public meeting in Buffalo on Thursday, Oct.
29, at the Marcy Casino in Delaware Park, beginning at 4:30 p.m. The
committee is composed of one representative from Erie County, the
City of Buffalo, Buffalo Olmsted Parks Conservancy, and the New York
Power Authority (NYPA).
The meeting agenda includes the election of a
chairperson, consideration of future projects, approval of a Fund
Trustee agreement, and the 2009-2010 funding schedule.
EVENT: Buffalo and Erie County Greenway
Fund Standing Committee Meeting
Thursday, Oct. 29
TIME: 4:30 p.m.
LOCATION: Marcy Casino,
Hoyt Lake at Delaware Park, Buffalo, N.Y., 14222
CONTACT: Robert Daly
The Buffalo and Erie County Standing Committee
receives funds from the Power Authority as part of a settlement
agreement related to the 50-year federal license obtained by NYPA
for the Niagara Power Project in 2007. During the term of the
license, the Buffalo and Erie County Standing Committee will receive
$2 million a year, for a total over the 50 years of $100 million.
NYPA will be issuing its first payment later this month, totaling $6
million, accounting for the initial three years.
■ NYPA uses no tax money or
state credit. It finances its operations through the sale of
bonds and revenues earned in large part through sales of
electricity. ■ NYPA is a leader in promoting
energy-efficiency, new energy technologies and electric
transportation initiatives. ■ It is the
nation’s largest state-owned electric utility, with 18 generating
facilities in various parts of the state and more than 1,400
circuit-miles of transmission lines. For more
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