Tag: Serge Felicetti

    City chips in $350,000 for new falls illumination

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    From the Niagara Falls Review:

    The city will contribute $350,000 towards a $4-million public-private project that will modernize the illumination of the falls.

    The city will take the $350,000 from what is expected to be an approximately $4.5-million fourth-quarter payment in April from Ontario Lottery and Gaming for hosting two casinos.

    Niagara Falls also has $1.7 million remaining from the $18.4 million it received from the first three fiscal quarters.

    “This is very incredible, state-of-the-art, technology,” Serge Felicetti, the city’s director of business development, told councillors this week.

    Convention centre construction on target, city officials say

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    From the Niagara Falls Review:

    A building permit for the Niagara Convention and Civic Centre is expected to be issued in the next few weeks, as work continues toward the centre’s 2011 completion target.

    “It’s tracking on schedule. It’s tracking quite well. Everything is moving along quite nicely,” said Serge Felicetti, the city’s business development officer.

    He submitted a report on the convention centre’s progress to city council Monday.

    Council ‘derails’ $65-million entertainment complex, mayor says

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    From the Niagara Falls Review:

    The future of a proposed $65-million entertainment complex is uncertain after city council removed from Monday’s agenda an agreement on the possible sale of the city-owned property to the developer.

    “It’s obviously questionable at this point,” said business development officer Serge Felicetti whose office has been dealing with Andrzej Kepinski, an investor considering a downtown entertainment complex. “He thought we were proceeding forward. He’s going to be very disappointed.”

    Mayor Ted Salci said he’s worried council’s decision not to consider the agreement might have “derailed” Kepinski’s plan to build an entertainment complex near the corner of Erie Avenue and Bridge Street. The 4.5-acre city-owned site is now Niagara Falls Transit’s office, garage and yard.

    Kepinski and Associates approached the city in June with a proposal for what a city report describes as a “proposed multiplex entertainment complex,” though it doesn’t give much description of what kind of specific entertainment it would provide.

    It would draw 300,000 visitors annually, an increase in visitor traffic that would benefit other parts of the city’s economy. The year-round complex would tie in with the Niagara Convention and Civic Centre, giving meeting planners one more reason to bring their conventions to Niagara Falls. Kepinski’s proposal would not contain a hotel. And as a private business, it could generate $218,000 a year in property taxes, the city report states.

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