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CWC issues Tenth Annual Report MARGARETVILLE, N.Y., May 2, 2007 - A decade of accomplishment is recounted in the Tenth Annual Report issued by the Catskill Watershed Corporation (CWC), the non-profit organization established in 1997 to develop and run water protection, economic development and education programs in the New York City Catskill/Delaware Watershed. The report was distributed at the CWC’s Annual Meeting of Member Towns April 24, when representatives of many of the Watershed’s 50 municipalities gathered in Margaretville to mark the corporation’s beginnings and discuss current issues affecting residents and businesses. It was January 21, 1997 when the historic New York City Watershed Memorandum of Agreement (MOA) was signed after several years of debate and negotiations. In order to keep New York’s primary water supply clean without filtration, the MOA required the City to fund environmental protection and other programs to be run by the locally-directed CWC. Under terms of the MOA, the City also initially capitalized the Catskill Fund for the Future, a revolving economic development fund administered solely by the CWC which over the past ten years has distributed millions of dollars in loans and grants to businesses and organizations in the region. Through December 30, 2006, the CWC For more information on CWC programs and activities, and to read the 2006 Annual Report, go to www.cwconline.org. Hard copies of the report can be obtained by calling Diane Galusha at 845-586-1400, ext. 29; galusha@cwconline.org |








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