$40 million in new money earmarked for Niagara Falls
More help is on the way for the City of Niagara Falls.
Governor Andrew Cuomo is committing $40 million over the next five years to lure new tourist attractions to the Falls. After making the announcement , Lt. Governor Robert Duffy said a local committee will decide which projects to fund.
"The ideas have to come in. They have to be judged by this committee," Duffy said. "The committee has not been named yet."
Niagara Falls Mayor Paul Dyster says the goal is to get construction underway by next summer. Dyster says officials are very open minded.
A request for proposals is expected to be issued in December.
Duffy says a mix of Niagara Falls casino revenue and the so called Buffalo Billion will be used to cover the cost of the incentive program.