Wilkes-Barre To Become Owner Of Hotel Sterling Site Today

Wilkes-Barre will become owner of the long-troubled Hotel Sterling site today, which is expected to provide the stability needed to attract a significant project at the landmark site.

CityVest, the nonprofit group that unsuccessfully tried to redevelop the hotel that once stood there, also has formally dissolved, its attorney said.

The Sterling’s unresolved ownership ended up before Luzerne County Senior Judge Joseph Augello this morning because CityVest filed a brief asking the court to oversee disbursement of its assets.

CityVest had obtained state approval to dissolve because it is out of funds and not pursuing more projects, said CityVest attorney George A. Reihner.

Read more:  http://www.timesleader.com/news/local-news/154010217/

Luzerne County Deficit Increases By $6.4M, Audit Says

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

Luzerne County Council heard two unpleasant updates Tuesday: the deficit grew to an estimated $10.1 million at the end of 2013 and repayments have skyrocketed on an inherited 2006 debt refinancing package.

The deficit increased because spending exceeded revenue by $6.4 million last year, said Andrea L. Caladie, a CPA with Baker Tilly Virchow Krause, LLP, during a draft audit summary presentation.

The fund balance is now a negative $10.1 million because the county carried over a $3.7 million deficit from 2012, she said.

The audit was due June 30 under the county’s home rule charter. County Budget/Finance Division Head Brian Swetz has blamed staffing shortages on delays compiling information the outside auditors needed to complete their work.

Read more: http://www.timesleader.com/news/news/50746020/

Luzerne County Council Must Decide How To Spend $16 Million

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

Luzerne County has $16 million in past-borrowed fundsavailable for capital projects, or $2 million less than officials had estimated, county Operational Services Division Head Tanis Manseau said Monday.

Manseau said he received the revised figure after the budget/finance division recently reviewed payments and outstanding invoices from the account.

County Council members called a special meeting tonight to discuss how they want to earmark this remaining funding because they’re supposed to adopt a capital budget by Sept. 1 under home rule.

Manseau emailed an updated list of suggested projects to council Friday night, but Manseau said he is working on additional revisions that will total around $14 million.

Read more: http://timesleader.com/news/news/50041470/Luzerne-County-Council-must-decide-how-to-spend-$16-million

Toilet, Debris Litter Luzerne County-Owned Lot In Hazleton

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

HAZLETON, PA — Barry Postupack tried to buy the litter-strewn lot next to his Hazleton business for around $12,000 when Luzerne County government put it on the market in 2008, but he was told he’d have to offer at least $18,000, the appraised value then.

The lot, which has about $80,000 in county fundsinvested in it, was never sold.

As a toilet, broken glass, shopping cart and other debris piled up, Postupack said he continued to inquire with various county offices about buying the land but was never given an opportunity to negotiate. He gave up two years ago.

But the real slap in Postupack’s face was news that Hazleton Mayor Joseph Yannuzzi asked the cash-strapped county to sell the lot at 56 N. Cedar St., last assessed at $15,500, to the city for $1.

Read more: http://timesleader.com/news/local-news-news/1427119/Debris-covers-county-owned-Hazleton-lot

Enhanced by Zemanta

Luzerne County Officials Take Another Look At Gnat Problem

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

The Luzerne County administration is rethinking plans to cancel participation in a state bug spraying program, sources say.

County management eliminated $75,000 from the 2013 budget for blackfly spraying because the state did not supply documentation showing the program has proven results.  The administration had planned to conduct spraying in-house if problems surfaced.

However, some County Council members and citizens expressed concern about pulling out of the program.

Prior commissioners considered a similar spraying cancellation on the advice of an outside financial recovery consultant in 2010, but they reversed their decision after the state warned the Susquehanna River generates “tremendous numbers of adult gnats that will adversely impact outdoor recreation activities throughout the county.”

Read more:  http://www.timesleader.com/news/local-news/423374/Officials-take-another-look-at-gnat-problem