City Awarded $732,250 in 2015 REDC Consolidated Funding

City Awarded $732,250 in 2015 REDC Consolidated Funding

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The City of Oswego Community Development Office submitted two applications for consideration in the 2015 Regional Economic Development Council Consolidated Funding Application round. The two projects awarded are the City of Oswego Waterfront Feasibility Study, and the other was the West Side Wastewater Sewer Rehab project.

The City of Oswego was awarded $132,250 through the CFA process from the Department of State’s Local Waterfront Revitalization Program to engage in a Waterfront Feasibility Study to assess the economic and development opportunities driven by market analysis for city-owned properties within the waterfront area to advance the preparation of strategies for community and waterfront revitalization.

The City of Oswego was awarded $600,000 through the CFA process from the Office of Community Renewal’s Community Development Block Grant Program as part of a co-funding initiative with the Environmental Facilities Corporation to rehabilitate Area 2 of the West Side Wastewater Sewer as part of the ongoing consent decree order.

“The waterfront feasibility study will provide the City of Oswego with a tool that identifies the highest and best economic and development use for city-owned properties within the waterfront area to prepare an action plan and strategy to create a waterfront corridor that will not only enhance the City of Oswego but also have a regional impact into the CNY area, said Justin Rudgick, Community Development Director.” “I am very excited about this opportunity because it will pave the way to transform the City of Oswego into a destination capitalizing on the city’s natural and beautiful asset - the waterfront along Lake Ontario and Oswego River.”

“The $600,000 award from the NYS CDBG program for the Area 2 west side wastewater sewer rehab project will help lessen the financial burden that the City of Oswego needs to endure in order to comply with the Consent Decree Order” - Justin Rudgick, Community Development Director.

Mayor Gillen added, “The City of Oswego is truly a great city, and is on the cusp of revitalization with the foundation being laid. These two awards will continue to help the city to build upon the foundation.”

Mayor Elect Barlow said, “I thank Director Rudgick for his hard work on these projects and look forward to continuing to work together and apply this to economic development opportunities and waterfront enhancement. I campaigned on those two platforms and will work to ensure progress in those two areas over the next four years and we are clearly off to a phenomenal start.”

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