Niagara Gazette — Gov. Andrew Cuomo has named the head of a prominent local business organization to a board that will be responsible for allocating funds for economic development projects in Western New York.
Cuomo's office announced Friday the appointment of Niagara USA Chamber of Commerce President and Chief Executive Officer Deanna Alterio Brennen to the Power Proceeds Allocation Board. The five-member board will oversee the use of funds from unused New York Power Authority power allocations. Brennen will serve a five-year term.
“This is a great honor,” Alterio Brennen said in a release issued by the chamber of commerce. “I feel my tenure as the head of such a strong business advocacy organization as the Chamber as well my experience as a member of the Niagara County (Industrial Development Agency) board, the Western New York Regional Development Council, the Greater Niagara Manufacturing Association and many other economic and development committees will serve me well on this board.”
In addition to Deanna Brennan, Cuomo named Buffalo attorney Anthony Colucci and Urban League President Brenda McDuffie to the board. Colucci will serve as board chairman. The state Senate and Assembly will appoint the two remaining members.
The board was created in March and will dispense money for projects located within a 30-mile radius of the Niagara Power Project in Lewiston. Funds overseen by the board will come from a cash payment made each year by the power authority from low-cost hydropower that is not used locally. The dollars are expected to be made available for local projects in consultation with the Western New York Regional Economic Development Council, another local body charged with overseeing development in the region.
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