WNY Power Proceeds Allocation Board to Recommend Economic Development Funding

For Immediate Release: 9/30/20

Contact:

Paul DeMichele | paul.demichele@nypa.gov | (914) 390-8186

BUFFALO—The Western New York Power Proceeds Allocation Board is scheduled to meet on Wednesday, October 7, at 3 p.m., via video conference.

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 New York Power Authority’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. The meeting will not be streamed live. It will be recorded and posted within 24-hours for members of the public to view. Once posted, the meeting can be viewed by visiting the Power Authority’s website at www.nypa.gov and selecting “View” within the “Meetings and Webcasts” box near the center of the page.