ALBANY – Jamestown Mayor Sam Teresi is in Albany Thursday along with several other officials from across the state to attend the 2016 Regional Economic Development Council Awards program.
The program, which will feature the awarding of grant money through the state’s consolidated funding application initiative, will begin at 1 p.m. Thursday at the Egg Center for Performing Arts in Albany.
Several projects in downtown Jamestown have already received favorable scores as part of the CFA process.
In October, the Western New York Regional Economic Development Council (WNYREDC) submitted its 2016 Progress Report – which recommended 32 priority projects to advance the region’s growth objectives, including six from Chautauqua County – including the National Comedy Center’s Gap Funding project in Jamestown, with $1.5 million requested (the total cost of the project is $20.4 million).
The report also scored dozens of other projects from across Western New York that have applied for funding but weren’t given “priority” status. These projects scored either a 20 (categorized at “other priority project”) or a score of 15 (“regionally significant priority project”).
Projects in downtown Jamestown receiving a score of 20 include the National Comedy Center, the Reg Lenna Center for the Arts Master Plan, and the Tracy Plaza renovation project.
Those receiving a score of 15 include Phase II of the Winter Garden Plaza, Façade work at St. Luke’s Church, and the archives project at RTPI.
Downtown Jamestown projects that didn’t have a score listed include the Riverwalk Illumination Project, the Jamestown Renaissance Corporation’s Up Close regional plan, and the Fenton Mansion ADA porch restoration.
As part of the CFA initiative for this year, the 10 Regional Councils across the State are competing for up to $175 million in capital funds and $70 million in Excelsior Tax Credits for projects. The CFA funding is separate from the $10 million Downtown Revitalization Initiative grant Jamestown was selected to received earlier this year.
The CFA award program Event will be streamed live on www.governor.ny.gov.