Seward And Lopez Announce $500,000 Grant Award For Village Of Sharon Springs

January 18, 2008
Senator James Seward and Assemblyman Pete Lopez (R,C,I – Schoharie) today announced that they have secured a half a million dollars in state funding for the Village of Sharon Springs' effort to restore its mineral springs resort. The funding under the Restore NY program will be used for the restoration of historic cottages that date back to the 1800s.

“Restore NY is a helpful tool for boosting local economic development, creating jobs and improving the quality of life in our communities,” said Senator Seward. “The restoration of property in Sharon Springs is a great first step toward improving the visual landscapes and generating optimism among residents, and helps to foster an environment that encourages job creation and the development of a strong future economy.”

The Village of Sharon Springs will use the $500,000 grant to preserve and rehabilitate the last remaining portion of the historic Pavilion Hotel (cottages), one of the few mineral spring resorts in the area during the 19th century. The cottages are listed on the National Register of Historic Places, as part of the Sharon Springs Historic District. The cottages would be converted to condominiums.

“I am pleased to have assisted Sharon Springs in securing the funding that it needed for their restoration project,” Assemblyman Lopez stated. “The investment will compliment state and local efforts to strengthen the area’s economy. Senator Seward and I look forward to continued partnerships with local and county leaders to promote investment in this community.”

Restore NY is a program designed to encourage economic development and neighborhood growth by providing municipalities with financial assistance for revitalization of commercial and residential properties. For the 2007 round of requests, up to $100 million was available for distribution to various municipalities in accordance with need and importance.