Gov wants NY to spend $82.5M more on Olympic facilities, $5M for Trudeau Institute
ALBANY — Olympic facilities will see improvements in the year to come if capital funding of $82.5 million proposed in the governor’s budget makes it through to the final incarnation.
The Olympic Regional Development Authority would receive $70 million for strategic upgrades and a modernization plan to support improvements to Olympic facilities and ski resorts; $10 million for critical maintenance and energy efficiency upgrades; and $2.5 million from the Office of Parks, Recreation and Historic Preservation budget as part of the New York WORKS initiative, according to a summary of the spending plan Gov. Andrew Cuomo introduced this afternoon with his State of the State Address.
“Additional investments in these North Country assets will continue to make New York competitive for winter recreation and travel, attracting large sports events and ultimately driving year round business and economic sustainability for the area.”
ORDA facilities in and around Lake Placid will be used for the 2023 World University Games, the summary noted.
Also, $5 million is allotted in the governor’s proposed budget to support the partnership that the state, Clarkson University and Trudeau Institute in Saranac Lake have created, with the money going toward forming “a world class biotechnology enterprise and further establish the North Country region as a premier center of biotech research and development,” the summary said.
More will be added to this report.