By Ken Baumel, THURSDAY, MARCH 20, 2014
SHOHOLA — Pike County’s Economic Development Authority (EDA) Executive Director Mike Sullivan considers Shohola Township’s approval of the Pennsylvania’s Local Economic Revitalization Tax Assistance Act (LERTA) as the key ingredient to a new aggressive marketing plan to bring job-creating businesses to Pike.
Sullivan spoke at last week’s regular Shohola meeting, held at the township building on Twin Lakes Road, and in an interview after the meeting.
Shohola approved a LERTA resolution last year. Sullivan said that so far, five municipalities and the Delaware Valley and Wallenpaupack school districts have approved participating in LERTA.
Sullivan said that he would continue to knock on the doors of municipalities that have yet to commit to LERTA and the one remaining district in that serves Pike County, East Stroudsburg Area School District.
For the first time, the seven approvals opened the door for EDA to market in a more targeted way to companies that might want to come to Pike… for complete story, get this week’s issue.