Today, United States Senator Charles E. Schumer announced a major effort to secure critical $465,000 in funding for the Town of Wellsville through the Economic Development Administration (EDA), to complete essential infrastructure improvements along Route 417. Specifically, the Town of Wellsville has applied for a waterline extension from the EDA Public Works Program, which would fund infrastructure improvements that must be completed in order for new businesses to gain access to necessary and affordable public water infrastructure.
In a personal letter to EDA Acting Assistant Secretary Matthew Erskine, Schumer noted that this investment would attract new businesses along the Route 417 corridor outside of the Village of Wellsville and throughout the Town. Schumer noted that Wellsville is a shopping and commercial center in Allegany County and, despite the presence of relatively inexpensive property, expansion from the Village into the Town of Wellsville has been halted due to the absence of adequate public water infrastructure outside of the Village.
"The Town of Wellsville is equipped with dedicated workers and resources to help new businesses thrive, and I am calling on the federal government to provide critical infrastructure funding that would attract more employers to Allegany County," said Schumer. "When current and prospective employers in Wellsville are unable to create new jobs due to the lack of basic water infrastructure, the Economic Development Administration should help step in and break ground on a waterline extension that could help jobs and revenue flow to the Southern Tier."
Schumer highlighted that most local businesses are concentrated along Route 417 corridor within the Village of Wellsville limits, but there are a handful of businesses located in the Town that have complained that the lack of public water infrastructure dramatically increases overhead costs, threatens business finance, and limits expansion. Schumer stressed that these cumbersome infrastructure costs would be alleviated by the presence of public water and sewer along the Route 417 corridor in the Town of Wellsville.
The EDA Public Works Program provides funding for distressed communities to revitalize and upgrade physical infrastructure to attract new industry, encourage business expansion, and diversify local economies.
A copy of Senator Schumer's letter appears below:
Dear Acting Assistant Secretary Erskine,
I write to express my support for the Town of Wellsville's request for funding through the Public Works Program for a waterline extension along Rt. 417. As the largest community in Allegany County, Wellsville is oft-considered its shopping and commercial center. Despite the presence of relatively inexpensive property extremely suitable for business development, expansion from the Village into the Town of Wellsville has been stifled by the absence of adequate public water infrastructure outside of the Village.
Currently, most businesses are concentrated along Route 417 corridor within the Village limits. There are a handful of businesses located in the Town. They have indicated that the lack of public water infrastructure dramatically increases overhead costs, threatens business finance, and limits expansion.
These costs would be mitigated by the presence of public water and sewer along the Rt. 417 corridor in the Town of Wellsville Not only would proper infrastructure encourage expansion and job creation within the businesses currently located on Rt. 417, it would encourage more businesses to move to the extremely attractive real estate along the corridor in the Town of Wellsville.
The importance of adding infrastructure to encourage the development of business cannot be overstated. Wellsville is a town that is central to the economic development of Allegany County and moreover in Western New York. The expansion of the waterline into the town would make already attractive real estate easily developable. It would certainly be a shot in the arm of the development of Wellsville, allowing it to become even more of a boon to the Allegany economy.