At its second meeting in as many days, the newly formed City of Reading Revitalization and Improvement Zone Authority continued racing a Nov. 30 deadline to apply for a state CRIZ designation.
“If we win, I hope the new zone will create jobs to help stimulate our economy and the community’s growth,” said Mike Toledo, director of the Daniel Torres Hispanic Center and authority treasurer.
The CRIZ program was created by recent state legislation to provide economic development and job creation within a city. Only two Pennsylvania third-class cities will receive that zone designation in 2013. Other candidates are Allentown, Bethlehem, Altoona, Wilkes-Barre, Chester, Erie, Lancaster and York.