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Meeting on August 21 to Discuss Protocol for Greenway Standing Committees

Michael Saltzman, NYPA

August 17, 2007

For Immediate Release

LEWISTON—The New York Power Authority (NYPA) will host a meeting of the four Greenway Fund Standing Committees on Tuesday, Aug. 21, from noon to 3 p.m., at the Niagara Power Project Power Vista, at 5777 Lewiston Rd., Lewiston, N.Y.

The meeting, which is open to the public, will continue discussions of standing- committee protocols for Niagara River Greenway project proposals.

NYPA has developed draft protocols based on settlement agreements previously reached with key stakeholders in the relicensing of the Niagara project. The protocols detail such topics as committee membership, meeting requirements, committee authority and obligation, and fund disbursements.

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■    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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