The state-appointed financial overseer of Pennsylvania's debt-laden capital city has a new plan to resurrect the city's finances and is asking the court to approve it.
Harrisburg receiver William Lynch submitted the approximately 350-page plan to state Commonwealth Court on Monday in a bid to relieve hundreds of millions of dollars of debt and erase persistent budget shortfalls in the struggling city. Part of the plan involves selling the city's municipal trash incinerator, whose debt dragged the city to the brink of bankruptcy.
The city's parking garages and lots also would be transferred to a state economic development agency that could then use tax-free financing to help pay down the city's debt more cheaply.
One city councilman, Brad Koplinski, suggests that lenders will walk away with less money than they sought.
Monday March 10th
Dr. Gabe Mirkin
Dr. Gabe Mirkin on Fitness & Health Facebook page
Dr. Mirkin on Twitter
Tuesday March 11th
Wednesday March 12th
Master Gardener Tom Ford
Leather Lounge Chair
love seat-type, made for 2,
has two seperate sections,
white, 2 years old, from a non-pet,
non-smoking home - $200
Sara, Altoona 381-8008
Nintendo Wii U
new in box, latest edition - $275
Wednesday March 5th
Central Blair Recreation and Park Commission
Fundraising Talent Bank
Deadline for applications March 10th
Alto Model Train Museum Association Scalefest
Sunday March 9th 9am to 2pm