Newtown News of Interest
240.9K views | +42 today
 
Scooped by johnmacknewtown
onto Newtown News of Interest
July 27, 7:51 AM
Scoop.it!

#NewtownPA SewerAuthority To Consider Sale Of Lower Silver Lake Road Property

#NewtownPA SewerAuthority To Consider Sale Of Lower Silver Lake Road Property | Newtown News of Interest | Scoop.it

The authority acquired the land by eminent domain for $11.5 million in 2024 with plans to build a wastewater treatment plant at the site.

 

The Newtown, Bucks County Joint Municipal Authority will meet in special session this week to consider selling a 17.5-acre property on Lower Silver Lake Road, originally proposed for a future sewer treatment plant.

 

At its July meeting, the authority tabled action on the proposed sale and later scheduled a special meeting for July 28 beginning at 2 p.m. to consider a motion to sell the property or to consider a letter of intent to sell

 

johnmacknewtown's insight:

 

The former owners subsequently filed for damages totaling $690,000, a motion that was quashed by a judge at the request of the authority.

 

After acquiring the land, the authority raised rates by 47 percent, 26 percent of which was to fund the acquisition of the property.

 

The board, which is made up of appointed representatives from Newtown Borough and Newtown Township, has made no decisions on what it would do with the proceeds from a sale of the property.

 

Related Content:

 

No comment yet.
Newtown News of Interest
These Scoops are excerpts from articles published in local newspapers and other sources that may be of interest to Newtown area residents. Please click on the "From" link to access the full original article. Any opinions and "insights" appended to these article summaries are solely those of John Mack and do not represent the opinions of any other person or entity.
Curated by johnmacknewtown