Sentences with phrase «economic development programs under»

ALBANY — Senate Deputy Majority Leader John DeFrancisco, a GOP candidate for governor who has been critical of state economic development programs under Gov. Cuomo, personally benefited from a lucrative pre-Cuomo tax break he voted to enact.

Boyle was referring to the federal investigation surrounding Cuomo economic development programs under Empire State Development designed to create jobs upstate.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The entire UN program in these matters now flies under the banner of «sustainable development,» which succinctly puts the two principles of economic growth and environmental protection in that order.

Gov. Andrew Cuomo's office has launched its own inquiry into Buffalo Billion contracting, hiring former federal investigator Bart Schwartz, who has the power to review contracts under the western New York economic development program before they are formally approved.

After acknowledging the economic development program is under federal investigation and possible wrongdoing revealed by the inquiry, the Cuomo administration hired a former prosecutor to review contracts related to the Buffalo Billion.

The governor's signature economic development program, the Buffalo Billion, is also under federal investigation, as is his former top aide, Joe Percoco.

A routine oversight hearing by the state Assembly turned testy when the state's economic development czar endured over two hours of questions about Gov. Andrew Cuomo's economic development programs, which are currently under federal investigation.

The other scheme involved a Syracuse - based developer that had received contracts under Cuomo's economic development programs.

A routine oversight hearing by the state Assembly turned testy when Howard Zemsky, Governor Andrew Cuomo's economic development czar, endured over two hours of questions about Cuomo's economic development programs, which are currently under federal investigation.

The top legislative leaders in the Democratic - led Assembly and GOP - controlled Senate on Tuesday indicated they support approving $ 485.5 million in spending for a subsidiary of the under - investigation SUNY Polytechnic, saying the money is vital for the continuation of the economic development program in western New York.

Using records obtained under the state Freedom of Information Law, state agency reports and the state's open data portal, they built a database that tracked some 16,000 subsidy deals involving 12 of the state's largest economic development programs and locally controlled industrial development agencies.

Other sustainability and development programs that have been initiated or reformed over the last six years under Governor Cuomo include: · Cleaner, Greener Regional Sustainability Plans · Regional Economic Development Councils · Land Bank Act to convert vacant properties · Legislation to combat zombie properties · Complete Streets design initiative · Upstate Revitalization Initiative · Hudson Valley Farmland Preservation and Southern Tier Agricultural Industry Enhancement Programs · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the Fidevelopment programs that have been initiated or reformed over the last six years under Governor Cuomo include: · Cleaner, Greener Regional Sustainability Plans · Regional Economic Development Councils · Land Bank Act to convert vacant properties · Legislation to combat zombie properties · Complete Streets design initiative · Upstate Revitalization Initiative · Hudson Valley Farmland Preservation and Southern Tier Agricultural Industry Enhancement Programs · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the Fingeprograms that have been initiated or reformed over the last six years under Governor Cuomo include: · Cleaner, Greener Regional Sustainability Plans · Regional Economic Development Councils · Land Bank Act to convert vacant properties · Legislation to combat zombie properties · Complete Streets design initiative · Upstate Revitalization Initiative · Hudson Valley Farmland Preservation and Southern Tier Agricultural Industry Enhancement Programs · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the FiDevelopment Councils · Land Bank Act to convert vacant properties · Legislation to combat zombie properties · Complete Streets design initiative · Upstate Revitalization Initiative · Hudson Valley Farmland Preservation and Southern Tier Agricultural Industry Enhancement Programs · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the FingePrograms · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the Finger Lakes.

Provides $ 300 million in new money for repair of roads, bridges and infrastructure under the transportation component of the NY Works program with $ 100 million of it awarded competitively through the Regional Economic Development Councils.

The seven regions that were not winners in the Upstate Revitalization Initiative or were not eligible to compete in it will still receive funding ranging from $ 83.9 million to $ 100.3 million in 2016 under Cuomo's regional economic development council program.

At the same time, they've raised concerns with ESDC's late payments for projects under the Buffalo Billion, a key economic development program for Cuomo.

Indeed, Cuomo insisted to reporters the reporting under the state's economic development programs is «robust» and the change in the budget won't impact reporting to the Empire State Development Corp., an arm of his admidevelopment programs is «robust» and the change in the budget won't impact reporting to the Empire State Development Corp., an arm of his admiDevelopment Corp., an arm of his administration.

At the same time, Cuomo said the state could potentially adjust how it spends economic development money based on the findings of Bart Schwartz, the former prosecutor hired to review contracting in the program, which is under scrutiny by the U.S. attorney's office.

Upstate economic development programs, however, have fallen under the gaze of U.S. Attorney Preet Bharara, whose office is investigating contracting, including under the governor's signature program, the Buffalo Billion.

But Cuomo, whose signature economic development program, the Buffalo Billion, along with his former top aide Joe Percoco, have both fallen under Bharara's scrutiny, said he didn't believe the federal prosecutor was singling him out.

Gov. Andrew Cuomo's office first announced it had hired former prosecutor Bart Schwartz on April 29 to review contracting under the Buffalo Billion economic development program, which has fallen under scrutiny by U.S. Attorney Preet Bharara's office.

De Blasio is under investigation for a variety of political fundraising efforts (the Cuomo administration, too, faces an investigation over economic development programs upstate).

At the same time, economic development programs upstate have fallen under the scrutiny of U.S. Attorney Preet Bharara's office, who is investigating a former top aide to the governor, Joe Percoco and lobbyist Todd Howe.

The investigations firm hired by Gov. Andrew Cuomo's office to review contracting under the state's economic development programs will be paid as much as $ 450,000, according to a long - awaited contract released on Friday.

Acknowledging the investigation, Cuomo hired an investigator to review contracting in the economic development programs that have come under scrutiny by federal prosecutors.

New York projects it will double the amount of tax breaks offered under the Start - Up NY program, budget documents show, even as state lawmakers grilled a top economic development official over making the program more transparent.

At 10 a.m., the Assembly will hold a public hearing to review the implementation of the State Budget and its impact on the programs under the purview of the Economic Development, Job Creation, Commerce and Industry Committee and the Committee on Small Business, Roosevelt Hearing Room C, LOB, 2nd Floor, Albany.

The Buffalo region was not eligible for any of the Hunger Games cash, thanks to its Buffalo Billion, but the area did receive $ 83.9 million for 125 projects under the latest round of funding from the state's Regional Economic Development Council program.

ALBANY — Gov. Cuomo's economic development programs came under fire Wednesday during a legislative hearing that kept his economic czar in the hot seat for hours.

In addition, the region will receive funding under the governor's regional economic development council program.

It's one part of a series of measures that would establish more oversight of Cuomo's business subsidy programs — others would require financial disclosures on regional economic development councils and mandate more reporting on tax - free zones that critics say are under - performing — that have cropped up, but not advanced.

Critics of the governor's economic development programs say there's more that he can do to get out from under the scandal.

Last week, two Assemblymembers were sentenced to prison for their ethics crimes and Governor Cuomo's «Buffalo Billion» economic development program was reported to be under scrutiny by federal prosecutors.

These include the elimination of $ 8 million in economic development funding under the JOBSNow, technology transfer, facility development and state marketing programs, and for new investments at Albany Nanotech.

Under his leadership, said the governor, the region has seen the most direct investment in the state's history, some $ 25 billion, including nearly a third of a billion to the North Country through the regional economic development council program.

The other scheme involved a Syracuse - based developer that had received contracts under Governor Cuomo's economic development programs.

Cuomo's main economic development program has come under fire in recent years from political opponents and government watchdog groups who say it's not transparent enough and fails to attain job - creation goals.

Howard Zemsky, president of the state's economic development agency Empire State Development, defended the program recently in Albany under pressure from state lawmakers, who criticized the program as a wastdevelopment agency Empire State Development, defended the program recently in Albany under pressure from state lawmakers, who criticized the program as a wastDevelopment, defended the program recently in Albany under pressure from state lawmakers, who criticized the program as a waste of money.

In April, the Department of Economic Development released a report indicating companies last year created just 76 of the nearly 2,100 new jobs promised over five years in return for tax breaks under the program.

A routine oversight hearing by the state Assembly turned testy when Governor Cuomo's Economic Development Czar, Howard Zemsky, endured over two hours of questions about Governor Cuomo's economic development programs, which are currently under federal investEconomic Development Czar, Howard Zemsky, endured over two hours of questions about Governor Cuomo's economic development programs, which are currently under federal invDevelopment Czar, Howard Zemsky, endured over two hours of questions about Governor Cuomo's economic development programs, which are currently under federal investeconomic development programs, which are currently under federal invdevelopment programs, which are currently under federal investigation.

Cuomo's Buffalo Billion Under Federal Investigation: Federal investigators are looking into how contracts were awarded in Governor Cuomo's Buffalo economic development program.

Jim Heaney, in a wide - wide ranging interview with Susan Arbetter of The Capitol Pressroom, discusses the lack of transparency around state economic development programs and a dubious $ 125,000 grant made to an ice cream parlor under the Buffalo Billion.

The other scheme involved a Syracuse based developer that had received contracts under Governor Cuomo's economic development programs.

Gov. Andrew Cuomo's massive economic development programs and members of his inner circle are under scrutiny.

Critics note he made no mention of the fact that some of his signature upstate economic development programs have been under a federal probe that led to criminal charges against 10 Cuomo associates.

In November 2016, two months after the charges were outlined, Cuomo expressed dismay over the scandals that were threatening to undercut his signature economic development programs and vowed to quickly strengthen oversight and ethics, though all under his purview.

Activities conducted under this program include: Development Discourse Pluralism and Peace Building (Formation of ulti - ethnic self - help groups, Pancasila Forum, Cultural Dialogue and Intercultural Dialogue, Development of sermon of various religion with Peace issues, Interactive Dialogue on the Radio, Campaign for Peace and Democracy Development Through Various Media); Cultural revitalization («Mosehe» Culture of Tolaki Ethnic Group, Inter-religion dialogue); Other activities (Working jointly to build a places of worship, building Peace Monument, Performing Arts and Sports, economic activities)

In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TODdevelopment, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TODdevelopment, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TODDevelopment Projects or TOD Projects).

They elaborate that thesis in a number of studies and their briefs to the committees by saying that it is necessary to create the conditions under which a First Nations community can become genuinely autonomous, at least vis - à - vis the federal or provincial governments as a pre-condition of economic development programs.