Tag: andrew touma

    Building a better Niagara Falls

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    This seems to be an op-ed by Andrew Touma, a member of the Niagara Falls, NY City Council:

    When I ran to become a Niagara Falls city councilman three and half years ago, it was based on the premise of being honest, putting residents first and listening to them, and working together with all stakeholders to make Niagara Falls a better place to live, play and work. My campaign centered on improving economic development, and in turn, growing our job market.

    Since 2014, we have effectively used casino dollars to generate economic development in Niagara Falls. In just over three years we have issued seven loans and 34 grants in the amount of $1,794,771.54 to a variety of businesses. In turn, private developers invested $44,403,659.53 toward the projects. Meanwhile, 208 full-time jobs were created in addition to 63 part-time jobs. That’s progress! Now we have the recent announcement of the $42 million project to create a new Hotel Niagara.

    Looming casino revenue loss could hit Niagara Falls hard

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    From WIVB Channel 4 in Buffalo:

    “If we spend it now and it’s not there and this thing lasts for quite some time it can cause a lot of problems,” said Andrew Touma, Niagara Falls City Councilman.

    Touma is calling for a 90-day moratorium on casino revenue spending following the Seneca Nation’s announcement to discontinue payments to the state.

    “We collect about $16 million a year and of that money around $11 or $12 million per year is used in the general budget. Just to cover expenses in the general budget and then we use other monies for capital projects,” said Touma.

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