Fund of $100 Million Set for Ground Zero Arts Center
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The Performing Arts Center planned for the World Trade Center site will be supported by a $100 million fund drawn from federal money, according to an announcement by New York Mayor Michael R. Bloomberg, Governor David A. Paterson and New York State Assembly Speaker Sheldon Silver.
“Our collective desire to put $100 million towards the development of the Performing Arts Center at the World Trade Center site makes clear that the cultural venue is a critical part of the ongoing revitalization of Lower Manhattan,” Mayor Bloomberg said in an e-mailed statement.