This year, no Tri-Lakes project received more than $400,000.īetween 20, the REDC awards doled out more than $6.1 billion to 7,300 projects across the state. In the past, some priority projects were awarded millions of dollars - such as the rebuild of the former Quality Inn in Lake Placid, which received $3 million through the REDC awards in 2019. The REDC awards are an annual competition where 10 regions around the state - each represented by a council made up of local business executives, nonprofit leadership, elected officials and education professionals - compete for a pot of grants, subsidies and tax incentives from the state.

“The Regional Economic Development Councils are committed to growth, restoration and economic viability.” “These new initiatives plant new seeds for growth, helping communities across New York State realize new potential whether that means attracting new visitors, solidifying important landmarks or new investment,” Gov. They don’t have a lotto welcome offer, they don’t have features such as save numbers or scheduling bets and their odds aren’t up to the level of Betfred or bet365.The money will aid Historic Saranac Lake, the Adirondack Sky Center and The Wild Center in Tupper Lake, the Adirondack Experience museum in Blue Mountain Lake and the Franklin County Economic Development Corporation in Malone.

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