Boise developer Mark Rivers, who created and helped fund a $750,000 Holiday Market for the city of Niagara Falls, N.Y., turned in his final report to city officials of the Upstate New York city this week, indicating that the inaugural event "achieved its principal goals," but at least one official, Niagara Falls Council Chairman Sam Fruscione, an outspoken critic of the event, said the final audit did not provide enough specifics and that "the organization was terrible."
The Niagara Falls Gazette reported that the final accounting showed that the 37-day event, which ran between Thanksgiving and New Year's Day, grossed $750,656 but event expenses totaled $792,422.
Rivers wrote in the report that the event brought "activity, commerce and holiday spirit" to the honeymoon capital.
But according to this morning's Buffalo News, Fruscione "accused Rivers of using public money for his own gain and even suggested he could face civil or criminal penalties."
Fruscione said he opposed a 2012 verson of the market, but Niagara Falls Mayor Paul Dyster said the market drew thousands of people to a an area that had been desolate in wintertime and was generally open to the idea of another market.