2011 CPEO Brownfields List Archive

From: Lenny Siegel <lsiegel@cpeo.org>
Date: Mon, 21 Feb 2011 17:42:50 -0800 (PST)
Reply: cpeo-brownfields
Subject: [CPEO-BIF] Former Edgewater Steel Co. property, Oakmont, Pennsylvania
 
Developer hopes Oakmont TIF stays afloat

By Tom Yerace and Dale R. Mann
TARENTUM VALLEY NEWS DISPATCH (PA)
February 20, 2011

Oakmont Council approved borough participation in a study of using $6 million in future taxes to finance part of an upscale housing development.

The proposed TIF (Tax Increment Financing) study is related to the proposed River's Edge development on the former Edgewater Steel Co. property along the Allegheny River.

The Redevelopment Authority of Allegheny County approved the study's basic conditions report, said Bob Hurley, deputy director of the Allegheny County Economic Development Department.

...

For the entire article, see
http://www.pittsburghlive.com/x/valleynewsdispatch/lifestyles/s_723827.html

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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