Tag: funding

Niagara Parks begin parkway, trail improvements

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From the Niagara Falls Review:

The Niagara Parks Commission began road work this week on the Niagara Parkway, and will be making improvements to five locations along the Niagara River Recreation Trail.

Each year, Niagara Parks invests capital funding toward the maintenance of its properties, gardens, parklands, facilities, recreational trails and parkway.

Funding approved for water park, Niagara Street project

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From the Niagara Gazette:

A pair of projects in Niagara Falls will receive $400,000 in funding through the city’s economic development corporation.

Mayor Paul Dyster announced Tuesday that the Niagara Falls Development Corp. will issue $300,000 to NFNY Hotel Management, an affiliate company of bi-national hotelier Michael DiCienzo. The funds will be used in as part of a bid by the affiliated company, American Niagara Hospitality, LLC, to build a “Daredevil Water Park” on Third Street.

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More funding means brighter Niagara Falls event

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From Niagara This Week:

Organizers of the Ontario Power Generation Winter Festival of Lights say extra funding from the city will allow for the festival to expand its programming for the 2017-18 event.

On May 9, city politicians approved a request for $300,000 in additional funding so organizers could expand programming to mark a number of milestones — the festival’s 35th anniversary, along with the sesquicentennial of both Ontario and Canada.

“Not only will this funding allow us to draw more visitors to Niagara Falls but at the same time we can expand our programming which provides locals with a world-class festival right here in Niagara,” said Tina Myers, executive director of the festival.

Falls should ‘definitely’ look at hotel tax

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From the Niagara Falls Review:

Niagara Falls should consider levying a new tax on hotel rooms to fund tourism initiatives and take the burden of local ratepayers, says Mayor Jim Diodati.

“Niagara Falls, N.Y. charges a bed tax in their hotels, and that’s how they fund their tourism,” said Diodati. “Niagara Falls (Ont.) should definitely have a look at that — if it’s allowed, if it’s to be used to market the destination and fund Niagara Falls Tourism, which is the city’s marketing agency for tourism.”

Documents obtained exclusively by the Toronto Sun show city officials in Toronto have been working for months to get permission from the Ontario government to levy new local taxes, and Premier Kathleen Wynne has already promised Toronto Mayor John Tory — should council approve — a new tax on hotel rooms.

Niagara Falls gets funding help for New Year’s Eve

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From Niagara This Week:

The City has managed to secure $240,000 to help stage the annual New Year’s Eve celebration at Queen Victoria Park.

Staff was successful in obtaining a pair of grants — $184,500 from the Ministry of Tourism, Culture and Sport’s Celebrate Ontario fund and an additional $50,000 from the Niagara Tourism Partnership.

Council defers talk on new casino cash until OLG agreement signed

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From the Niagara Falls Review:

The city’s wish list for its new casino cash windfall will have to wait.

Council deferred discussions on what to do with hefty new funds expected this year from Ontario Lottery & Gaming until the new funding agreement is officially signed. The OLG has given the city a Sept. 30 deadline to enter into a new agreement which will see Niagara Falls receive an estimated $18 to $20 million for hosting two casinos.

The new funding formula replaces the guaranteed $3 million the city receives per year.

Council will wait until its September or October meeting to start discussing the funds.

City, NPC trying to finalize people mover plans

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From the Niagara Falls Review:

A deal that could lead to a new mass-transit system serving the tourism areas could be finalized as early as Friday, the mayor and Niagara Parks Commission manager say.

Mayor Ted Salci is scheduled to meet with Niagara Parks Commission chairwoman Fay Booker and general manager John Kernahan Friday, in a bid to finalize their existing “agreement in principle” to operate a people mover system and cash in on $50-million in available federal and provincial funding.

“Our negotiations are continuing. They’re moving well,” Salci said in an interview. “The agreement is a master agreement with the Niagara Parks Commission outlining the obligations of each party,” the mayor said.

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