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WTC Records Folder 0124 Clippings label, Sept 2001

Machine-extracted title · confidence 100%

Archival folder label for September 11 news clippings from the Office of the Mayor, identified as Folder 0124.

NYC-WTC_000137113–000137248

Folder label: “Folder 124

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Scanned page image, NYC-WTC_000137222
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NYC 9/11 Public Portal Document

SEP-25-2001 15:14 NY POWER AUTHORITY 519 433 1406 P.02/03 wroany mote 30 South Pearl Street ahany. New York 12207.3425

518 433.6751 518 433.6782 (Fax)

A NewYorkPbwer Joseph J. Seymour S Authority Chairman and Chief Executive Officer

September 19, 2001

TO: Robert Harding, Dep. Mayor, Economic & Planning Development, NYC Charles Gargano, Chairman and CEO, ESDC Kevin Corbett, COO/Exec. Deputy Commissioner, ESDC Maureen Helmer, Chairman, Public Service Commission Ronald Shiftan, Deputy Executive Director, Port Authority of NY & NJ

FROM: Joseph Seymour RE: World Trade Center Job Retention Power

The Governor has directed the New York Power Authority to work with a number of agencies to develop a program which will provide low cost power to former occupants of the World Trade Center which have relocated in New York City.

Pursuant to a contract between the Power Authority and the Port Authority, we provided about 80 MW of lower priced power to the World Trade Center for resale to the Port Authority's tenants. Most of these tenants were businesses with some use of the property by the Authority itself and by the State Port

Department of Taxation and Finance.

We believe resale of this power for economic redevelopment in the devastated area and business and job retention may be possible under existing legislative authority,. regulatory settlements, and delivery agreements. The power could be provided by sale to the City of New York for resale to former

WTC business customers through the New York City Public Utility Service Agency or by sale to the Authority for resale to such customers who become Port

tenants of its redevelopment projects. In either case, power would be delivered by Con Edison through existing contracts the Power Authority has for sales to governmental entities Southeastern New York. in

State law (section 1005 of the Public Authorities Law) authorizes the New York Power Authority to sell power to the City of New York and the Port Authority,

NYC-WTC 000137222

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NYC-WTC_000137222Source: NYC Law Department, mirrored locally

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