Battery Park City to receive low cost power, governor says.Governor George George, river, c.345 mi (560 km) long, rising in a lake on the Quebec-Labrador boundary, E Canada. It flows N through Indian Lake (125 sq mi/324 sq km) to Ungava Bay (an arm of Hudson Strait). E. Pataki announced that the Hugh L. Carey Battery Park City Authority The Hugh L. Carey Battery Park City Authority is a New York State public benefit corporation whose mission is to plan, create, co-ordinate and maintain a balanced community of commercial, residential, retail, and park space within its designated 92-acre site on the lower west side (BPCA BPCA British Pest Control Association BPCA Battery Park City Authority (New York state) BPCA Business Products Credit Association BPCA Best Pharmaceuticals for Children Act of 2002 (US) ) will begin receiving low cost power from the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Power Authority (NYPA), a move that will continue to help the complex recover from the terrorist attacks on the World Trade Center. To facilitate the initiative, the NYPA Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. has taken action to approve a new low cost contract that provides Battery Park City with a nearly 25 percent reduction in the cost of its electricity. The effort follows yesterday's announcement that the governor has directed NYPA to provide low-cost electricity to local businesses dislocated dis·lo·cate tr.v. dis·lo·cat·ed, dis·lo·cat·ing, dis·lo·cates 1. To put out of usual or proper place, position, or relationship. 2. by the attack. "The tragic attack on the World Trade Center caused tremendous hardships for many residents of Battery Park City," Governor Pataki said. "By providing low cost power for the many public spaces and parks in the area, this initiative will help to smooth the way for a full recovery for the Battery Park City community." Under the contract approved by NYPA, the BPCA is eligible for NYPA electricity use in its New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. public facilities. BPCA anticipates an estimated savings of 25 percent on its electric costs compared to previous service provided by local utilities. The total amount of electricity used by the BPCA in public places at any one given time is approximately 375 kilowatts. Joseph J. Seymour, chairman and chief executive officer of the NYPA said, "We stand ready to do whatever we can to help the financial district and its residents recover from the tragedy that struck two weeks ago. We are committed to doing all we can to help restore the area to the vibrant, viable district it once was, and will be again." Timothy S. Carey, president and chief executive officer of Battery Park City, who also serves as a Power Authority trustee, recused himself from decisions concerning the proposed contract because of his dual roles regarding the BPCA. Today's announcement follows a separate action taken yesterday by the governor and NYPA to provide low-cost power to local businesses affected by the Sept. 11 attack. Under this initiative, NYPA is taking the 80 megawatts of electricity previously provided to the Port Authority of New York and New Jersey Port Authority of New York and New Jersey, self-sustaining public corporation established in 1921 by the states of New York and New Jersey to administer the activities of the New York–New Jersey port area, which has a waterfront of c. for the World Trade Center, and redirecting it toward economic recovery efforts in New York City. NYPA projections indicate that the low-cost power will save local companies more than $6 million. "In the wake of the tragic attack on the World Trade Center, we are moving forward with an aggressive effort to help the business community and its employees recover, rebuild and prosper in New York City," Governor Pataki said. "This low-cost power from the New York Power Authority will play a key role in helping these businesses get back on their feet while also keeping these important jobs right here in New York." |
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