Governor Spitzer among the dignitaries on hand for the announcement that GE is adding 500 jobs in its Power Generation Division in Schenectady.

ALBANY -- The millions of dollars Gov. Eliot Spitzer is promising as he unveils big-ticket economic development projects for struggling upstate cities has one hitch: the money is not a sure thing.

The state does have the $5 million Spitzer pledged to General Electric on Wednesday, but in other cases, he still needs to negotiate the funds with the Legislature. That includes, said Budget Director Paul Francis, $50 million Spitzer promised earlier this month to help redevelop Rochester's Midtown Plaza and $20 million for Syracuse's "Connective Corridor" project.

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