LMT Board of Directors requests bank assistance for land acquisition – Times News Online
Posted on November 11, 2021 at 9:45 p.m.
At the November 4 meeting of the Lower Macungie Township Council of Commissioners, the commissioners discussed the referendum on raising income tax for land preservation. With the approval of the voters, the commissioners set to work. In the context of a possible acquisition of land, it was proposed to submit a call for tenders for bank assistance.
A potential acquisition of land is the reason for rapid action. A request for proposals was sent to various banking institutions in the hope of securing a resolution by the December 16 meeting. The township is seeking a loan of $ 5 to $ 8 million for the purchase of land with payment from the additional tax. The deadline for purchasing a particular property is required by March 2022.
Resolution 2021-54 was approved to authorize the allocation of a right-of-way for the extension of the sauerkraut alley. Resolution 2021-55 creates temporary easements for Liberty Property Limited Partnership and has also been approved for this project which concerns the construction of this road.
A new development is proposed for Mertztown Road. It is for 400 dwellings; 268 must be detached houses and 132 must be townhouses. There will be a network of trails and generous landscaping with open green spaces. The current roads in the region will undergo some changes. There will be visitor parking as well as three parking spaces in the townhouse area.
The municipality will auction certain surplus goods. This will be done through Municibid. There is also the possibility of donating a vintage truck to a museum. This action was approved by the commissioners.
A special meeting may be required on November 15 at 6 p.m. due to budget changes.