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12Sep

Commissioners support 7-year extensions for several Keystone Opportunity Zones

By: Jeff Horvath, Scranton Times Tribune

Published: September 7, 2017

Hoping to attract potential developers, Lackawanna County commissioners support extending the tax-exempt status of several undeveloped parcels for an additional seven years.

Wednesday’s 2-0 vote by Commissioners Jerry Notarianni and Patrick O’Malley represents the last local step required to extend Keystone Opportunity Zone benefits through Dec. 31, 2024, for about 21.52 acres in Jessup’s Valley View Business Park, 8.54 acres in the area of Chestnut, Betty and East streets in Archbald and about 62.19 acres in the Scott Technology Park in Scott Twp. Commissioner Laureen Cummings was not present at the meeting.

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