Deal struck to keep U.S. Maid of the Mist plying Niagara Falls
In this Friday, June 11, 2010 photo, tourists ride the Maid of the Mist tour boat at the base of the American Falls in Niagara Falls, N.Y. (AP Photo/David Duprey)
Michael Gormley, The Associated Press
Published Wednesday, December 5, 2012 6:57AM EST
ALBANY, N.Y. -- A deal has been struck to keep the Maid of the Mist scenic tour boats running from the New York side at Niagara Falls.
Gov. Andrew Cuomo confirmed the deal Tuesday. The deal is a part of a new licence agreement with the state. The boat company will pay the state $105 million over 30 years.
Cuomo says the Maid of the Mist Corp. has agreed to invest $32 million in continuing operations that will provide more state revenue through the Niagara Falls State Park.
The agreement also will lead to improvements for the tourist attraction, potentially including rock climbing and rappelling.
The family-owned tour boat company will make improvements at a former power station nearby to create a winter storage and maintenance facility.