Mohawk Valley Region Tabbed As Top Performer At State’s Economic Development Council Awards
FONDA — Montgomery County and the Mohawk Valley received a Top Performer designation at the Regional Economic Development Council awards, in Albany, on Wednesday Dec. 13. The region was awarded $85.5 million, being one of five Top Performers, along with Central New York, Capital Region, Mid-Hudson and Long Island. Montgomery County received $4.8 million in grant awards supporting 13 projects.
“This is terrific news,” Montgomery County Executive Matthew L. Ossenfort said. “The hard work from our Economic Development office continues to yield results. That office has worked with the Regional Council and the rest of the counties in the Mohawk Valley to craft a vision forward and based on this outcome, it’s one that the state clearly recognizes as achievable.”
The $4.8 million accounts for nearly 12 percent of the $41.5 million that the Mohawk Valley region received in grant awards. Once again, the county outperformed, when compared to its population in the Mohawk Valley, which is about 10 percent.
“We are happy that all of these projects received funding,” Montgomery County Business Development Center Director Kenneth F. Rose said. “This announcement marks another good year for the county and we hope to continue developing stronger plans for the future and keep the local economy moving forward.”
The two biggest grant awards that the county received were for continued development in the City of Amsterdam. In total, $2.2 million will be used for development of the former Chalmers Site and a working towards a hotel on the city’s south side.
Project Funded, Amount — Description
Mohasco Redevelopment, $50,000 (ESD) - The Amsterdam IDA has started site planning and designs for a new business park located at the corner of Lyons and Forest Avenue in the City. The Phase 1 project includes finishing design work, acquiring additional property and beginning installation of water and sewer at the site. (AIDA)
Western Montgomery County Local Waterfront Revitalization Plan, $30,000 (NYSDOS LWRP) - Montgomery County will prepare the Western Montgomery County Local Waterfront Revitalization Program (LWRP) for the Erie Canal/Mohawk River waterfront in the Village and Town of St. Johnsville, Village of Fort Plain and Town of Minden. The LWRP will identify municipal revitalization goals, policies, projects, and tools to capitalize on development opportunities, increase resilience to future physical climate risks and enhance existing waterfront resources.