Land purchases anticipated in Pa. development budget
By DON AINES/ Staff Writer, Chambersburg
CHAMBERSBURG, Pa. - Extensive capital improvements and land sales are anticipated in a 2000-2001 budget for the Letterkenny Industrial Development Authority approved Tuesday by its board of directors.
"At this point we're dealing with about $5.7 million in partially grant-funded improvements," Authority Executive Director John Van Horn said.
Also planned are $1.35 million in capital improvements that would be funded, at this point, exclusively from revenues generated from land sales at Letterkenny Army Depot.
The federal Economic Development Administration and Pennsylvania Department of Community and Economic Development will pay more than $3 million, including more than $2 million in road improvements and another $1 million for a new water tower and extending water and sewer service to the depot's Hills District.
The authority would match that with approximately $1.6 million, Van Horn said.
The authority will spend another $1 million to improve Cargo Road, which is also in the Hills District, Van Horn said. Another $350,000 will be spent for improvements to the depot's reservoir spillway, installing monitoring equipment at the reservoir and building improvements and demolition, according to the budget.