A Fable

Niagara Falls Reporter

Egriu calls on NYPA to Increase Local Support

EGRIU: “Higgins sold out our region on the cheap,” demands a vast increase in NYPA profit sharing

Congressional candidate Eddie Egriu says, if he is elected, he will muster public pressure to remove the New York Power Authority’s ice boom, situated at the mouth of the Niagara River, unless NYPA renegotiates the utility’s licensing agreement with local communities.

Egriu calls the utility’s federal relicensing in 2007 “an abject, embarrassing failure of Congressman Brian Higgins.”

The agreement requires NYPA to allocate $50 million over the next 50 years to improve waterfront access for local host communities.

Environmentalists say that the utility’s installation of the ice boom has had very negative environmental impacts on the Great Lakes ecosystem. The boom keeps the lakes frozen longer, which reduces average springtime temperatures about 5 degrees.

Egriu is calling on NYPA to reallocate an additional $5 billion (or $100 million p/year) for revenue sharing with host communities over the same 50 year licensing period. The state owned authority currently generates an operating profit above $300 million annually.

Egriu calls on NYPA to Increase Local Support EGRIU: “Higgins sold out our region on the cheap,” demands a vast increase in NYPA profit sharing
Congressional candidate Eddie Egriu says, if he is elected, he will muster public pressure to remove the New York Power Authority’s ice boom, situated at the mouth of the Niagara River, unless NYPA renegotiates the utility’s licensing agreement with local communities. Egriu calls the utility’s federal relicensing in 2007 “an abject, embarrassing failure of Congressman Brian Higgins.” The agreement requires NYPA to allocate $50 million over the next 50 years to improve waterfront access for local host communities. Environmentalists say that the utility’s installation of the ice boom has had very negative environmental impacts on the Great Lakes ecosystem. The boom keeps the lakes frozen longer, which reduces average springtime temperatures about 5 degrees. Egriu is calling on NYPA to reallocate an additional $5 billion (or $100 million p/year) for revenue sharing with host communities over the same 50 year licensing period. The state owned authority currently generates an operating profit above $300 million annually.

Niagara Falls Reporter - Publisher Frank Parlato Jr. www.niagarafallsreporter.com
Mar 25, 2014