Buffalo will have to work for state cash
In your Trail Mix today:
Buffalo's billion dollars requires some leg work.
Another hydrofracking moratorium extension could be in the works.
Kodak gets a debt downgrade.
More State of the State
The billion dollars that Governor Cuomo said he wants to invest in Buffalo during the State of the State will come with strings - Buffalo is going to have to do the work of finding companies that want the cash (Tom Precious and Aaron Besecker, Buffalo News).
Buffalo might be getting the cash, but Rochester and Syracuse actually have worse poverty rates - Buffalo only "wins" when you count cities with more than 250,000 people (Paul Riede, Post-Standard).
Advocacy organizations representing contractors and small business are pleased with the idea to create an infrastructure fund, proposed in the State of the State [VIDEO] (Maureen McManus, State of Politics).
The governor's plan to get private investors to pay for a new energy infrastructure in New York is not "easily done" (Joseph Spector, Gannett).
Miss the address, or just longing to revisit it? Here's Marie Cusick's quick recap of the highlights:
Members of the state legislature are talking about extending the moratorium on hydrofracking, through a piece of legislation expected to be sponsored by Assemblyman Robert Sweeney of Suffolk County (Jon Campbell, Vote Up!).
NYSERDA is pitching in an extra $18 million to assist low-income families with energy bills (Chelsea Diana, The Buzz).
Despite Cuomo lauding the measure in his State of the State, opponents to Article X, a power-siting measure, continue to fight to have the law repealed (Aaron Curtis, Palladium Times).
Moody's has downgraded Kodak's debt - more bad news for the embattled company (Mike Dickinson, Rochester Business Journal).
Rochester's mayor says Rochester will just have to cope with a possible Kodak bankruptcy [AUDIO] (Alex Crichton, WXXI).
A co-op is opening in Glens Falls, and hoping to learn from the lessons of the failed state-funded co-op in Troy (Chris Churchill, Times Union).
Wegmans says it's putting a price freeze on 50 items until the end of April, including canned soup and cold medication (Samantha Maziarz Christmann, Buffalo News).
Rules that would allow food trucks to operate in Buffalo should past the city's common council later this month (Aaron Besecker, Buffalo News).
Senator Schumer is seeking to create an "early warning system" to alert the government when shortages of critical drugs are imminent (Chris Caya, WNED).
The Democrat and Chronicle is profiling young people who've had to leave the Rochester area for work and school to find a living (Amanda DePriest). We did a similar series last year looking at how brain drain makes it difficult to reimagine upstate's economy.
Syracuse's school district is pulling together a last-minute plan to evaluate teachers and principals to satisfy state officials and save a chunk of funding denied to a number of cities across New York (Ellen Abbott, WRVO).
SUNY's chancellor is jazzed that the Assembly speaker called for more funding of community colleges in his pre-State of the State remarks (Cara Matthews, Vote Up!).
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