Agreement signed for Falls casino cash

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And isn't it a hallmark of a free society that we don't outlaw otherwise inoffensive vices simply because some people harm themselves? - LA Times Editorial

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The city's share of Seneca Niagara Casino profits will fund a slate of tourism and economic development projects under a long-awaited agreement signed in Albany Thursday.

The memorandum of understanding releases $23.9 million, the local share of the 2004 and 2005 profits. The money has been held up amid wrangling between state and local officials over how to spend it.

The MOU signed by Gov. George Pataki, Senate Majority Leader Joseph Bruno and Assembly Speaker Sheldon Silver gives $10.6 million to the city for community programs, economic development and infrastructure improvements and an additional $6.1 million for tourism promotion and to fund health and education groups.

About $7.2 million will go to USA Niagara Development Corp., a state-created agency charged with promoting development specifically in the city's struggling downtown.

"This agreement clears the way for the city of Niagara Falls to take action on much needed road improvements, economic development programs and address the quality of life issues that are important to city residents," said Mayor Vincenzo Anello, who at one point was ready to lead pickets through the city to nudge state leaders to release the much-needed cash.

"These funds have been sitting in Albany for far too long and now they can flow back to the local community, which is desperately in need," Republican state Sen. George Maziarz said.

Under a 2002 agreement that allowed the Seneca Indian Nation to build the Niagara Falls casino and two others in western New York, the state receives up to 25 percent of slot machine profits and casino host communities get 25 percent of the state's share, or 6.2 percent.

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