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Meeting on August 3 to Discuss Protocol for Greenway Standing Committees

Contact:
Connie Cullen
914-390-8196
connie.cullen@nypa.gov

July 23, 2007

FOR IMMEDIATE RELEASE

LEWISTON—The New York Power Authority (NYPA) announced today it will host a meeting of the four Greenway Fund Standing Committees established by the Niagara Power Project Relicensing Settlement Agreements. The meeting will be on Friday, August 3 at 10am and will be held in the Power Vista, the visitors center on the grounds of the Niagara Power Project.

The meeting agenda includes discussion of Standing Committee Protocols and information required for Greenway project proposals. Standing Committees determine whether, and at what level, proposed Greenway projects will be funded.  The meeting is open to the public.

The draft Protocols will guide Standing Committee decision-making and are based on Settlement Agreement commitments made by NYPA and its settlement partners. The Protocols detail such topics as committee membership, meeting requirements, committee authority and obligation, and fund disbursements. 

For additional information, log onto:  http://niagara.nypa.gov/.

 About NYPA:

■    NYPA uses no tax money or state credit.  It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity.  ■    NYPA is a leader in promoting energy-efficiency, new energy technologies and electric transportation initiatives.  ■    It is the nation’s largest state-owned electric utility, with 18 generating facilities in various parts of the state and more than 1,400 circuit-miles of transmission lines.

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