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Louisville, Waddington, Massena, Madrid-Waddington towns, villages, schools splitting $1 million

Posted 2/14/18

MASSENA -- The New York Power Authority will receive a “Community Enhancement” payment valued at more than $1 million to be shared among eight North Country local governments and school …

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Louisville, Waddington, Massena, Madrid-Waddington towns, villages, schools splitting $1 million

Posted

MASSENA -- The New York Power Authority will receive a “Community Enhancement” payment valued at more than $1 million to be shared among eight North Country local governments and school districts.

Those receiving funds includes St. Lawrence County, the towns of Massena, Louisville and Waddington, the villages of Massena and Waddington, as well as the Massena and Madrid-Waddington school districts.

The payment is tied to a provision in the 2003 St. Lawrence-FDR Power Project Relicensing Agreement that triggers payouts to local community stakeholders during years when generation is exceptionally high at the project, owned and operated by NYPA.

This payment is supplemental to Community Enhancement payments of $2 million made annually to the same beneficiary communities.

“The Power Authority is pleased to be able to make this payment to the St. Lawrence County communities that generously host our St. Lawrence-FDR Power Project,” said Gil C. Quiniones, NYPA president and CEO. “The 2003 Relicensing Agreement was groundbreaking for its collaborative approach and it is gratifying to see, many years later, these productive partnerships are benefitting local communities.”

“Many communities are limited by budget constraints and this year’s additional payment is great news for our local government task force members,” said local government task force chair and Massena Town Supervisor Steve O’Shaughnessy. “The funding included in the relicensing settlement has been a valuable resource for the host communities and we look forward to working with the Power Authority on a number of initiatives to help improve our region.”

The payment will be divided by the eight community entities following a formula previously agreed upon among the beneficiary communities, and separate from the 2003 Relicensing agreement. This is the fifth year payment has been made under this provision in the 2003 agreement.