Sovereign Center To Receive Larger Share Of Parking Funds

Map of Berks County, Pennsylvania, United Stat...

Map of Berks County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)

The Sovereign Center will get an extra $45,000 a year, thanks to the Reading Parking Authority’s agreement Wednesday to change the split of parking revenue coming from civic center events.

Since 2006, the authority has taken 75 percent of the revenue after expenses, giving the civic center 25 percent.

However, P. Michael Ehlerman, chairman of the Berks County Convention Center Authority that oversees the civic center, has asked that the parking board go back to the original split – the two sides each get 50 percent of the revenue after expenses.

The request came during a meeting of the authorities requested by Mayor Vaughn D. Spencer, said parking board member Lawrence P. Murin, who also is a special assistant to Spencer.

Read more: http://readingeagle.com/article.aspx?id=505048

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s