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Finger Lakes Resort developers must secure more funding after receiving state grant

A project that has frustrated many of you is getting a lot of your tax money.

The developers of the stalled Finger Lakes Resort Project on Canandaigua Lake were awarded thousands of dollars of your tax money through a Community Development Block Grant.

This state grant is for $750,000, but the catch is the developers Bob Murphy and David Genecco must secure the funding they need to finish this long delayed project first.



This project will cost nearly $60 million to complete. Construction stalled in summer of 2015 after financing fell through. The developers have been searching for another way to pay for this project since then.

City officials helped the developers apply for the Community Development Block Grant because the resort is expected to create at least 100 jobs for low income workers. Those jobs would be in construction, hotel operations, the spa, and the restaurant.

Read more from WHEC.com

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