Finding the Funds for Parkway Improvement

 

New York has an obvious advantage over most other States. It has so many profit-making public authorities that it can frequently find a new source of matching funds out of one of the authority’s profits.

Such is the case in the New York Robert-Moses-Parkway plan in the Niagara Falls area. The New York Power Authority makes enough money that it has access and an excess of funding. The community has, therefore, looked to the Power Authority for part of the "match".

http://niagara-gazette.com/local/x1121361270/Wednesdays-the-deadline-for-public-comments-on-the-three-options-for-the-Robert-Moses-Parkway

No funding source has been identified for the remaining phases of the removal project, which includes both the north and south sections of the parkway.

But officials working on the project at all levels of government have said that they are confident that a funding source will be identified by the time the project is ready to go out to bid.

U.S. Rep. Brian Higgins, D- Buffalo and Niagara Falls, began representing the Falls this year after winning his bid for the redrawn 26th Congressional District of New York.

In one of his first public appearances in the Cataract City after becoming its federal representative, Higgins called for the New York Power Authority to pay for part of the removal project.

He said that the power authority, which evicted the people who lived in where the road now runs and took the land through eminent domain — should contribute to the removal project, asking that they put $120 million towards the project during the January visit. He also cited the Niagara Power Project’s outsized contributions to the authority’s profits as a reason that NYPA should help fund the project.

“We have a rightful claim to that money,” Higgins said.

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