Scott Township considers refinancing to help pay for upgrades
Scott Township commissioners voted unanimously to tentatively move forward with refinancing the township's bonds to pay for millions of dollars in capital improvements.
The actual sale depends upon buyer interest and the state of the market. Also last week, commissioners gave permission for the refinancing to be delayed to see what happens with the market and interest rates.
The $6 million bond issue would be used mainly to finance road and infrastructure improvements, including repaving Swallow Hill Road from Greentree Road to Scrubgrass Road. Work also would be done at the township park's tennis courts and pool.
In other business, the commissioners also approved:
• Advertising an ordinance amendment establishing a penalty for late payments of real-estate taxes and interest rates for delinquent taxes.
• A budget of $4,500 for supplies and materials for the 2013 recreation program.
Megan Guza is a staff writer for Trib Total Media. She can be reached at 412-388-5810 or firstname.lastname@example.org.
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments â either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.