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NEW YORK CITY-One of the more overlooked components of the World Trade Center complex, a proposed performing arts center, has gotten a $100-million shot in the arm thanks to a recommendation by a Lower Manhattan Development Corp. committee and an agreement announced Wednesday by city and state officials to set up a fund. The money will be allocated from a pool of federal funds that have been directed to rebuilding Downtown.

“Our collective desire to put $100 million towards the development of the Performing Arts Center at the World Trade Center site makes clear that the cultural venue is a critical part of the ongoing revitalization of Lower Manhattan,” Mayor Michael Bloomberg says in a statement. Next on the agenda will be figuring out how to apportion the remainder of the approximately $200-million federal allocation among various Downtown infrastructure upgrades and economic development, transportation, cultural and community projects. The LMDC will vote on the plan at its next meeting in November.

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