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WNY Power Proceeds Allocation Board to Recommend Economic Development Funding

(December 03, 2014)

WNY Power Proceeds Allocation Board to Recommend Economic Development Funding

BUFFALO—The Western New York Power Proceeds Allocation Board (WNYPPAB) is scheduled to meet TODAY, Wednesday, December 3, at 3 p.m. at the Power Vista, the visitors center for the New York Power Authority’s (NYPA) Niagara Power Project, at 5777 Lewiston Road, Lewiston, New York.

The proceeds board is expected to make 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 NYPA’s Niagara project 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.

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