Tonawanda News

NT

April 18, 2012

Deal for NT dispatch move taking shape

(Continued)

LOCKPORT —

In 2010, the schedule had AES paying the municipalities a total of $15.8 million per year though 2015.

Legislators appeared to accept the idea that the county/the IDA must strike a new deal with the power plant's new owners in order to keep the facility open, and 115 people employed.

Even so, considering that the county stands to "lose" millions of dollars in revenue every year from PILOT amendment, veteran legislator Dennis Virtuoso, D-Niagara Falls, threw out the question to his peers and Glatz: "How are we going to make it up?"

The short answer, by Glatz: "I hope you believe in prayer. It's going to be very challenging."

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