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Posted by: | Posted on: October 16, 2020

Governor Wolf Announces $1 million in Funding for Scranton Downtown Revitalization Project

first_imgGovernor Wolf Announces $1 million in Funding for Scranton Downtown Revitalization Project January 12, 2018 Economy,  Infrastructure,  Jobs That Pay,  Press Release Scranton, PA – Governor Tom Wolf today announced the approval of $1 million in funding to help transform a historic and underutilized downtown Scranton building into a vibrant, valuable office that will help revitalize the downtown and bring workers into the city.The funding, supported through the Redevelopment Assistance Capital Program (RACP) program, will help create the new Lackawanna County Government Center at the historic Globe building on Wyoming Avenue, bringing this piece of Scranton history back into use and allowing Lackawanna County to consolidate its government office footprint. Renovations to the building began in late summer 2017 and are expected to be completed this year.“I am proud to be here to announce my administration’s investment in downtown Scranton,” Governor Wolf said. “This targeted investment will help to revitalize downtown Scranton and bring workers into the city, while repurposing a historic building.Governor Wolf was joined for the announcement and tour of the project by Senator John Blake, Representative Marty Flynn, Commissioner Patrick O’Malley, and Scranton Mayor Bill Courtright.“I am excited to be here today to stand and work as one – with Governor Wolf, Senator Blake and our County Commissioners – on a project that is going to consolidate services for our residents, save our taxpayers money, return a former government building to the tax rolls and to grow business in our downtown,” Rep. Flynn said.“I sincerely appreciate Governor Wolf’s continued commitment to bringing state investment back to Northeastern Pennsylvania and specifically into the heart of downtown Scranton,” Sen. Blake said. “This state investment reduces the amount of debt Lackawanna County will have to incur to complete the consolidation of services at the former Globe Store. That means less debt service obligations on local taxpayers who will also benefit from more efficient access to county services. The state investment in this project will also serve as a catalyst for additional revitalization in Scranton’s core business district.”“Lackawanna County shares my goals of greater government efficiency, better government services, and the revitalization of our local communities, and this project dovetails with my GO-TIME initiative, which has already helped save over 217 million dollars in taxpayer money,” Governor Wolf said.“Since I became Governor, I have worked hard to ensure that when state government is investing in our local communities, we are directing our resources towards projects that transform our cities, municipalities, and counties into more livable places to work and live.”center_img SHARE Email Facebook Twitterlast_img read more

Posted by: | Posted on: September 25, 2020

SEC: We’re not taking sides in Yanson row

first_imgSEC-Bacolodpeople “acted strictly as observers of the proceedings,” it added, and thatthey did not participate in any manner whatsoever, and did not give any opinionor legal advice. BACOLOD City –The Securities and Exchange Commission (SEC) – Bacolod Extension Office deniedit is taking sides in the ongoing management dispute among two factions of theYanson family that owns and operates Vallacar Transit, Inc. (VTI), thecountry’s biggest bus company. That same day,the other faction also held a stockholders’ meeting — at the Ceres bus compoundin Barangay Mansilingan. This faction was composed of VTI founder Olivia Yansonand her two other children Leo Rey Yanson and Ginnette Yanson-Dumancas. On Dec. 7 SECrepresentatives were seen at the stockholders’ meeting of a faction of theYansons, the so-called Yanson 4 or Y4 composed of siblings Roy, Ricardo Jr.,Emily, and Ma. Lourdes Celina Yanson-Lopez, at Seda Hotel. The attendanceof SEC-Bacolod representatives in the meeting “was neither a confirmation ofthe validity of the meeting, nor of the claimed shareholdings of the Y4, northe affirmation of a quorum during the meeting,” the document stressed. The VTImanagement dispute as to who should be leading the company has been draggingfor several months now./PN A documentobtained by this paper and signed by Atty. Annabelle Corral-Respall, theofficer-in-charge of SEC-Bacolod, stressed that SEC-Bacolod was merely invitedto observe the Y4 meeting.last_img read more