Lehigh County strikes ahead to situation $124M in bonds for senior residing neighborhood on former Rodale property

ALLENTOWN, Pa. – The Lehigh County Board of Commissioners accepted issuing as much as $124 million in income bonds for the brand new Chestnut Ridge at Rodale mission Wednesday evening.

The motion permits the Lehigh County Common Function Authority to accumulate the debt to learn the Phoebe Ministries Obligated Group for the “designing, buying, developing, putting in, furnishing and equipping” of the 126-unit unbiased residing neighborhood for people 60 years of age and older.

The neighborhood will consist of 1, three-story constructing and one, four-story constructing with a mixed 243,000 complete sq. ft situated on roughly 38 acres at 400 S. tenth St. in Emmaus.

Phoebe bought the previous Rodale property in 2018.

Wednesday evening’s motion — on the invoice’s first studying — permits the Authority to situation income bonds in a number of sequence and in any mixture of variable or fastened charge debt.

Geiger’s Coated Bridge

In different information, commissioners delegated authority to supervise and handle the Geiger’s Coated Bridge mission to the Pennsylvania Division of Transportation. The bridge carries Previous Packhouse Street over the Jordan Creek.

Officers introduced in January that the bridge could be closed for main repairs till mid-June.

Lehigh County Regional Intelligence and Investigation Middle

Lastly, the board accepted knowledgeable companies settlement with Pc Support to help the district legal professional with the design and implementation of the software program system for the Lehigh County Regional Intelligence and Investigation Middle.

Wednesday evening’s motion continues a earlier settlement between the entities.

“That is actually the heavy-duty stuff, and the RIIC assists in bringing individuals to justice,” Commissioner David Harrington stated. “That is one thing that’s saving lives.”

“It is a priceless device that helps remedy a few of the extra complicated circumstances,” Chairman Geoff Brace stated.

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