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The legislature wants more oversight of the money that might flow from the not-for-profits to county government.
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The $5.7 came from the Greater Syracuse Soundstage Development Corporation, sometimes called the Film Hub, a taxpayer-funded public arm of county government.
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McMahon's address marked the first public event to be held in the Lincoln Theater inside the new STEAM school downtown in 50 years.
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The legislature approved $85 million in 2022 and refused to allocate more funding. That leaves a more than $15 million gap.
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Officials say the new platforms will share updates as the long-debated Inner Harbor project moves toward opening.
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County Executive Ryan McMahon will give students until March 20 to submit names for the new Inner Harbor attraction.
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Local film industry leaders say it will attract film and television projects worldwide.
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County lawmakers this week divorced themselves from approving additional public money for the controversial project, leaving the county executive to raise the rest.
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Ryan McMahon and the Friends of the Onondaga County Aquarium will now accept and distribute donations for the controversial project in Syracuse's Inner Harbor.
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They're scheduled to vote on a local law Tuesday that would put the county executive in charge of raising the additional $15 million dollars needed to complete the aquarium in the Inner Harbor.