Latrobe panel considers helping to fund community improvement projects
The Latrobe Industrial Development Authority is looking to spend some of the $32,000 it has accumulated over the years for worthwhile community improvement projects, the authority said Tuesday.
The amount of money that the agency will allocate for projects was not determined at a special meeting, but Anita Manoli, authority board chairwoman, said the issue will be raised at a June meeting, as well as perhaps some ideas for potential projects.
Any money the authority allocates should be for projects that serve a public purpose, such as infrastructure improvements made by governments or nonprofits, said Daniel Hudock, authority solicitor.
The authority cannot fully fund projects, but would be in a position to help finance part of a project, said Joseph Dietrick, an authority board member.
One of those projects could be the ongoing streetscape project along Lloyd Avenue, which involved laying a new sidewalk, planting flowering trees and installing decorative lighting along the 400 block. Latrobe officials want to extend the Lloyd Avenue beautification project closer to the city's downtown.
The authority might be able to provide money for one stage of the project, but not the entire work, said Charles Dominick, an authority board member.
Thomas Sylvester, an authority board member, said it would be beneficial to get information about three or four potential projects. It would not be appropriate to provide nonprofit social service agencies money to fund services, when more money would be needed the next month for the same work.
Dominick suggested looking “beyond the city limit,” for projects that would benefit Latrobe residents, Dominick said.
The bulk of the money in the authority's coffers is in a $26,375 certificate of deposit at Commercial National Bank, according to the authority's financial report. The 12-month certificate was renewed in September 2012.
The authority generates revenue from the $1,000 it charges for serving as a conduit for government and private financing of projects, Hudock said.
In April, the authority received $1,000 from St. Vincent College in Unity for assisting in financing improvements to dormitories at the college, Hudock said. The authority is paid after the financial arrangements are completed, Hudock said.
Joe Napsha is a staff writer for Trib Total Media. He can be reached at 724-836-5252 or firstname.lastname@example.org.
Show commenting policy
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 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.
- Walker: Still time to recycle live Christmas trees in Scottdale
- Former Steelers LB Haggans to do time in Westmoreland jail
- New Derry woman charged after mail delivery of 4 pounds of marijuana
- Salem man, in lockup in Greensburg shooting, charged with threatening to kill prison guard
- Ligonier Township residents voice concern to supervisors about new zoning ordinance
- Derry Township auto shop owner finds theft suspect hiding inside
- Hempfield votes to fill public works job with interim director Cisco
- Police charge 3 in Hempfield trailer court burglary
- Latrobe police seek driver of red cargo van
- Westmoreland County Prison visitation goes digital
- Tanker crash closes lane of Turnpike in Penn Township