How Chemung County is distributing $2 million to boost tourism yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
The Chemung County Industrial Development Agency voted on a resolution Wednesday, May 1st, to approve a new team and a new league before holding a press conference to make the announcement.
Elmira River Sharks hockey is a large revenue-generator at the First Arena, but it s also costly, despite this the IDA is confident that the First Arena can use its versatility to generate more funds
Margeson said the vision is to stabilize the facility and bring it back functionally, so it can be sold in the future. He said while the Arena may not be turning a profit, people coming to hockey game
Chemung County Executive Christopher Moss released a statement on Facebook, asking the Chemung County IDA to be more transparent about their role in financially supporting First Arena in Elmira.