Penn Township officials consider getting $3M loan
Penn Township commissioners will consider borrowing $3 million to pave roads, rather than $5 million.
Commissioners authorized finance manager Linda Iams to seek financing options for as much as $3 million, to be repaid over six or eight years.
Commissioners decided on Wednesday to scale back the project when Iams said paying back a $5 million loan might lead to a hardship. Iams had sought financial options to borrow up to $5 million, as directed by commissioners in January.
She presented preliminary quotes from three banks for the loan to repair township roads.
Iams will seek proposals to finance up to $3 million to be presented to commissioners when they meet on Monday.
Solicitor Les Mlakar said such borrowing would require approval from the state Department of Community and Economic Development, which would give the township some time to identify the roads most in need of repair.
He estimated that approval could be granted by April or May.
Commissioners authorized the purchase of two Mack dump trucks and three 2014 Dodge Charger police cars.
Officials have been replacing the police department's aging fleet by purchasing three cars annually for the last few years.
The two dump trucks cost $354,987. The three cruisers cost $69,345, and they will be outfitted with lights, sirens, radios, video cameras and decals for an additional $35,938.
Commissioners have recommended Robert Boswell to Gov. Tom Corbett to be appointed as the emergency management coordinator for the township, replacing George Adamson, who is resigning.
Renatta Signorini is a staff writer for Trib Total Media.
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.
- Audit: Westmoreland records were at risk in transfer to computer system
- Salem teen surprised with Westmoreland Fair Queen win
- 9 displaced by fire in Grapeville
- Hours to be reduced at Ruffsdale post office
- Expectant mother from Jeannette told she’ll have to stay in custody
- Stormwater management plan stuck in stalemate in Unity, Latrobe, Derry Townships
- Catholic Diocese of Greensburg injunction becomes permanent
- Greater Latrobe schedules will be available online
- Western Pa. Operation Nighthawk traffic patrol yields 38 arrests
- Man admits preying on Lower Burrell neighbor, taking more than $100K in money, goods
- Ex-worker admits to taking money from Penn Township Sewage Authority