Press-Republican

Business

September 22, 2012

Regional economic council eyes more of the prize

(Continued)

SPECIAL COMPETITION

The four 2011 Best Plan designees, among them the North Country Council, will compete for two awards of up to $25 million in capital funds. That decision will be based on each council’s revised plan and the progress they have made toward implementation.

The remaining six regions will compete for three awards of $25 million, based on the same criteria. The remaining $25 million in capital and $10 million in tax credits will be available to the remaining five councils.

Starting in early October, each region will receive a visit from the Strategic Implementation Assessment Team to hear an oral presentation and tour the projects. Funding awards will be announced later this fall.

To learn more about the Regional Councils, visit regionalcouncils.ny.gov.

Email Dan Heath: dheath@pressrepublican.com

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