The Saratoga Springs area will receive more
\nthan $1.1 million in economic and community
\ndevelopment funding awarded through Round
\nIV of the Regional Economic Development
\nCouncil (REDC) initiative.
\nState officials announced on Dec. 11 that
\n$709.2 million will be distributed statewide.<\/p>\n
The Regional Councils were established
\nin 2011 to transform the state’s approach
\nto economic development from a top-down
\nmodel to one that is community-based and
\nperformance-driven. The initiative empowers
\ncommunity, business, and academic
\nleaders, as well as members of the public in
\neach region of the state, to develop strategic
\nplans specifically tailored to their region’s
\nunique strengths and resources in order to
\ncreate jobs, improve quality of life and grow
\nthe economy.<\/p>\n
“Four years ago we decided to take a different
\napproach on economic development
\n– emphasizing cooperation and investing in
\nlocal assets instead of continuing the State’s
\nold and ineffective top-down mentality,” Gov.
\nAndrew Cuomo said. “That’s what the Regional
\nCouncils are all about, and today is proof that
\nthey are continuing to drive an economic renaissance
\nin every region of the state. Each
\ncouncil presented bold ideas for how to create
\njobs and new opportunities in their communities,
\nand I am proud to work with all of them
\nto continue moving New York forward.”<\/p>\n
“The work taking place in each region
\nacross the state is so important because it lays
\nthe groundwork that will continue to drive
\nthe economy – not just today and tomorrow,
\nbut for years to come,” Lieutenant Governor
\nRobert J. Duffy, chairman of the Regional
\nEconomic Development Councils, said.<\/p>\n
Senate Co-Leader Dean Skelos said the investments
\n“will enable businesses to grow and
\ncreate new private sector jobs so young people
\ncan stay here and enjoy the careers of their
\nchoice. The best hope for a bright future for
\nevery region of our great state begins and ends
\nwith the ability to strengthen our economy and
\ngive everyone the opportunity to succeed.”<\/p>\n
The first three rounds of the Regional Council
\nprocess awarded more than $2 billion to
\nmore than 2,200 job creation and community
\ndevelopment projects across the state, supporting
\nthe creation or retention of more than
\n130,000 jobs, officials said.<\/p>\n
On April 28, Cuomo kicked off Round IV
\nand introduced several new components to
\nthe initiative, including developing regional
\nGlobal NY strategies, promoting Veterans’
\nparticipation in the workforce, and supporting
\nNY Rising Community Reconstruction
\nplan projects.<\/p>\n
“Our economies throughout New York are
\nas diverse as our residents, and thus it is
\nimperative that we take a comprehensive
\napproach through these Regional Economic
\nDevelopment Councils to spur job creation
\nand sustained growth. Since its inception
\nin 2011, the governor has delivered on his
\npromise to remake our economic landscape
\nthrough greater collaboration and publicprivate
\npartnerships,” Senate Co-Leader Jeff
\nKlein said. “Without question, this strategy
\nhas paid enormous dividends, launching new
\ndevelopment projects and putting people
\nback to work. I applaud today’s winners and
\nbeneficiaries and look forward to continuing
\nto support this vital program.”<\/p>\n
During Round IV, members from the 10
\nRegional Councils traveled to Albany to make
\nin-person presentations of their proposals to
\nthe Strategic Implementation Assessment
\nTeam. Over the course of two days, the SIAT,
\nwhich is composed of State agency commissioners
\nand policy experts, heard from each
\nof the Regional Councils directly, reviewed
\nthe progress being made on projects that
\nhave previously received state funding, and
\nassessed the regions’ strategic plan implementations
\nand proposals for funding in 2014.<\/p>\n
Other projects in the Saratoga area include:<\/p>\n
\u2022 Roosevelt Baths Green Parking Lot Retrofit,
\n$212,000. The project will incorporate
\nporous pavement into two parking lots which
\ncurrently drain directly into Geyser Creek.
\nThis will reduce erosion and pollution entering
\na DEC-designated trout stream.<\/p>\n
\u2022 Town of Stillwater Historic Saratoga
\nBattlefield Champlain Canal Connector Trail,
\n$98,943. The Historic Saratoga Battlefield
\nChamplain Canal Connector Project represents
\nthe connection of a comprehensive
\ntrail network by Stillwater, supported by the
\nStillwater Trail Feasibility Study, Saratoga
\nNational Historic Park, the Open Space Institute
\nand Saratoga County. This 1.13-mile trail
\nsegment connects the Stillwater’s trail system
\nto the south, with the Battlefield Park trail
\nsystem to the west, and the Old Champlain
\nCanal trail system.<\/p>\n
\u2022 Stillwater Historic Saratoga Battlefield
\nChamplain Canal Connector Trail, $98,942.
\nThis 1.13-mile trail segment will connect
\nStillwater’s trail system to the south, with the
\nBattlefield Park trail system to the west, and
\nthe Old Champlain Canal trail system to the
\nnorth. The trail begins at the Phillips Road
\nentrance in the park and continues northward
\nalong a grass-covered, poorly maintained,
\nearthen trail known as the Old Champlain
\nCanal Towpath. The current trail route needs
\nto be safer for multi-purpose non-motorized
\nuse, constructed in similar fashion to the trail
\nsystems it will connect.<\/p>\n
\u2022 Waterford Canal Harbor Visitor Center
\nRehabilitation Project Phase II, $71,400 to
\nprovide the center with upgrades.<\/p>\n
The Village of South Glens Falls will complete
\nan engineering report to identify sources
\nof inflow and infiltration in the village’s sanitary
\nsewer system, $30,000.<\/p>\n
Yankee Distillers LLC in the Town of
\nSaratoga, $35,000. The new craft distillery
\nwill be developed through the renovation
\nof an existing facility and machinery and
\nequipment to establish a new craft distillery
\nproducing aged spirits from 100 percent local
\nfarm products.<\/p>\n
The Village of Corinth will use $600,000
\nin NYS CDBG funds to replace 8,450 linear
\nfeet of failing sewers, manholes along three
\nresidential streets. The total project cost
\nis $790,000 and includes $190,000 in local
\nfunds.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Saratoga Springs area will receive more than $1.1 million in economic and community development funding awarded through Round IV of the Regional Economic Development Council (REDC) initiative. State officials announced on Dec. 11 that $709.2 million will be…<\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[57,113],"class_list":["post-16129","post","type-post","status-publish","format-standard","hentry","category-business-news","tag-business-news","tag-saratoga-county"],"yoast_head":"\r\n