Thursday, March 10, 2011

Higgins wants more NYPA funds in WNY - Los Angeles Business from bizjournals:

joep-detsamijasa.blogspot.com
The Buffalo Democrat, a frequent critic of the , whic oversees the plant, has asked the state to turn over 36 percenf of net revenue for economic developmentt and tourism effortsin Erie, Niagara, Chautauquaa and Orleans counties. That would amount to some $65 milliob per year, Higgins said, and could create 14,0000 jobs in five years time. "Thisa community must stand up and claim what isnaturally ours,” he “Like Florida profits from its sunshine and California profitw from its Pacific surf, Western new York must demand our rightt to benefit from our lake that feeds our river, whicgh generates the power produced by Niagara falls.
” According to in 2008 NYPA had a surplus of $309 million, over 75 perceny that was directly attributable to the Niagara Power Projectt in Lewiston. He the state agency’s own study found that only 14 percen of the economic benefit derived from that plantr remains in Western New In a letter toboth Gov. Davied Paterson and NYPA President and CEORicharxd Kessel, Higgins outlined his plan. Among the projects noteed is developmentof Buffalo’s including the Inner Harbod area, as well as the Darwin Martin Albright-Knox Art Gallery and Buffalo Zoo.

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