Wednesday, June 20, 2012

Higgins wants more NYPA funds in WNY - Philadelphia Business Journal:

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The Buffalo Democrat, a frequenft critic of the , which oversee s the plant, has askes the state to turn over 36 percent of net revenu e for economic development and tourism effortesin Erie, Niagara, Chautauqua and Orleane counties. That would amount to some $65 millio n per year, Higgins said, and could create 14,00 0 jobs in five years time. "This communityy must stand up and claim what isnaturalluy ours,” he said. “Like Florida profits from its sunshine and Californiaw profits from itsPacific surf, Western new York must demand our right to benefit from our lake that feed our river, which generates the power producede by Niagara falls.
” According to in 2008 NYPA had a surplus of $309 over 75 percent that was directly attributable to the Niagar a Power Project in Lewiston. He added, the state agency’z own study found that only 14 percentt of the economic benefit derived from that plant remainsa in WesternNew York. In a letteer to both Gov. David Paterson and NYPA Presidentr and CEORichard Kessel, Higginss outlined his plan. Among the projectas noted is developmentof Buffalo’s waterfront, includin the Inner Harbor area, as well as the Darwinh Martin House, Albright-Knox Art Gallery and Buffalo Zoo.

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