Thursday, October 15, 2009

Schroon Lake Resort, Gas Pipeline Get Stimulus Funds

Governor David Paterson announced this week (in Malone) that $17.5 million in Upstate Regional Blueprint Fund stimulus grants will be spent on 15 projects across the state. According to a press release issued by the governor’s office the funds are expected to support “projects that help provide a framework for future growth in regions with stymied development.” This first round of funding includes two Northern New York projects, one inside the Blue Line.

Schroon Revitalization Group, LLC received nearly a million dollars for “the initial development of an 81-room resort in Schroon Lake for year-round access to the Adirondacks and Lake Champlain.” The development is being put forth as a cornerstone of the revitalization of the Town of Schroon Lake, Essex County.

The St. Lawrence Gas Distribution Project received $2.5 million for the construction of a 48-mile natural gas pipeline from St. Lawrence County into Franklin County. According to the governor’s office the new line has the potential to benefit 4,000 North Country residents. Richard Campbell, President and General Manager of St. Lawrence Gas, said new line will was “vitally important.” “Bringing natural gas to this new market area will provide an economic and environmentally preferred fuel choice to residential, commercial and industrial customers,” he said.

State Senator Darrel Aubertine, Chair of the Senate Majority’s Upstate Caucus, says that the pipeline will create jobs, pointing specifically to expected growth at Fulton Thermal and MaCadam Cheese.

Grant applications and awards were overseen by Empire State Development (ESD). More information about the Upstate Regional Blueprint Funds and application forms can be found at www.nylovesbiz.com. Applications for round II funding are being accepted until October 15, 2009.

Editorial Staff

Editorial Staff

Stories written under the Almanack's Editorial Staff byline are drawn from press releases and other notices.

To have your news noticed here at the Almanack contact our Editor John Warren at adkalmanack@gmail.com.


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