Archive for May 31st, 2007
The Hyatt Regency Buffalo will get an $11 million renovation, with the state footing nearly half the tab as part of a plan to boost convention business and tourism.
The Hyatt is the only hotel that is physically connected to the Buffalo Niagara Convention Center, and creating a modern “headquarters hotel” to lure large groups of visitors could help bolster Buffalo’s ailing convention business, tourism officials said.
The bottom line is that billions of our dollars are spent to subsidize private businesses. The result is far more harm than good to our economy.
Source: The Buffalo News: Home
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The governing board of the State Power Authority hired an Amherst energy executive Tuesday as its chief operating officer.The hiring of Roger B. Kelley marks the first time a Western New Yorker will run the authority since the Niagara Power Project, one of the nation’s largest hydropower plants, was built a half-century ago.
The hope is that Kelley will reform the New York Power Authority and bring more of a Western New York perspective to the job as president and chief executive officer. However, he was cautious in a phone interview shortly after his appointment.
This is the result of a scathing investigation of the Power Authority by the Buffalo News that uncovered many fiscal improprieties. The problem isn’t who is at the helm of the NYSPA, it is the Power Authority itself. Anyone holding out for real reform in an agency with virtual autonomy is wasting their time.
The only solution is to abolish Public Authorities.
[tags]New York, Power Authority, CEO, Roger B. Kelley[/tags]
