By Mark Scott
http://stream.publicbroadcasting.net/production/mp3/wbfo/local-wbfo-912675.mp3
Buffalo, NY – Canal Side will soon have millions of dollars to spend on various projects along Buffalo's inner-harbor.
The Erie Canal Harbor Development Corporation and New York Power Authority signed a final agreement Tuesday that will allow the corporation to sell more than $100 million in bonds to finance various projects.
"Buffalo's waterfront is the key to Western New York's renaissance," said Jordan Levy, Chairman of the Erie Canal Harbor Development Corporation. "This investment by NYPA will ensure that we are able to make the Canal Side project a successful reality."
Levy says he remains optimistic that Bass Pro will sign a lease later this summer to locate a store at Canal Side.
The Power Authority is providing millions of dollars a year over the next 20 years for waterfront development.