Outdoor 1-8 - Williamsport/Lycoming Chamber of Commerce
Outdoor 1-8 - Williamsport/Lycoming Chamber of Commerce
Outdoor 1-8 - Williamsport/Lycoming Chamber of Commerce
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2<strong>Williamsport</strong> Sun-Gazette, July 2013<br />
The <strong>Chamber</strong> View<br />
Vincent J. Matteo, President/CEO<br />
Recently, two levels <strong>of</strong><br />
local government have come<br />
together to help keep businesses<br />
and jobs in <strong>Williamsport</strong><br />
and hopefully bring<br />
in more down the road.<br />
<strong>Williamsport</strong> City Council<br />
and the <strong>Lycoming</strong> County<br />
Commissioners took action<br />
to make sure the <strong>Chamber</strong><br />
endorsed a request by the<br />
Mayor to have the remainder<br />
<strong>of</strong> Reach Road Industrial<br />
Park paved in as timely a<br />
manner as possible becomes<br />
a reality. City Council<br />
voted to accept funds from<br />
the County’s share <strong>of</strong> the<br />
Impact Fee dollars to have<br />
the engineering done for<br />
Reach Road and the <strong>Lycoming</strong><br />
County Commissioners<br />
voted unanimously to follow<br />
through on it. This means<br />
that if all goes well, Reach<br />
Road will be done sooner<br />
than had been expected and<br />
that is great news. City<br />
Council, under the leadership<br />
<strong>of</strong> Bill Hall understands<br />
the importance <strong>of</strong><br />
the Reach Road project to<br />
jobs in <strong>Williamsport</strong> and it<br />
is rewarding that our three<br />
County Commissioners understand<br />
that as well. This<br />
is the type <strong>of</strong> project that<br />
makes it easy for different<br />
levels <strong>of</strong> government to participate<br />
and we are fortunate<br />
that the Mayor, Council<br />
and the Commissioners<br />
understand that. I should<br />
also mention that this critical<br />
economic development<br />
project may not have been<br />
possible without the Impact<br />
Fee money generated by<br />
the Natural Gas Industry<br />
and, while their arrival did<br />
indeed exasperate the condition<br />
<strong>of</strong> Reach Road, this<br />
project would have needed<br />
to be done even if the gas<br />
industry never arrived.<br />
Another welcomed<br />
move by <strong>Williamsport</strong> City<br />
Council was their approval<br />
<strong>of</strong> a cooperative agreement<br />
with the owner and manager<br />
<strong>of</strong> a planned multihousing<br />
complex to be built<br />
on Memorial Avenue on the<br />
site <strong>of</strong> the former Brodart<br />
warehouse. This is a great<br />
project for a city in need <strong>of</strong><br />
new housing and Council<br />
made the right decision in<br />
loaning the money to Arbor<br />
Housing and Development<br />
Group. In approving the<br />
agreement, City Council<br />
loaned the group $300,000<br />
at 1% - a wise economic and<br />
community development<br />
decision. Without incentives<br />
like this low interest<br />
1% loan, these types <strong>of</strong><br />
community and economic<br />
development projects would<br />
most likely not happen<br />
and we certainly need<br />
these projects to take place<br />
not only in <strong>Williamsport</strong>,<br />
but throughout <strong>Lycoming</strong><br />
County as well.<br />
The importance and<br />
effectiveness <strong>of</strong> low interest<br />
loans to developers was<br />
highlighted in a recent<br />
email notication from<br />
Secretary C. Alan Walker <strong>of</strong><br />
the Pennsylvania Department<br />
<strong>of</strong> Community and<br />
Economic Development<br />
(DCED. In the email he announced<br />
that the State was<br />
raising their interest rates<br />
because <strong>of</strong> the great success<br />
the reduced 1.5% rates<br />
had. He wrote, in part, “In<br />
December 2012, the Corbett<br />
Administration reduced the<br />
interest rates <strong>of</strong> four DCED<br />
business loan programs to<br />
improve access to capital<br />
and encourage business<br />
expansion and attraction,<br />
and to spur new job creation.<br />
Interest rates for the<br />
Machinery and Equipment<br />
Loan Fund (MELF), the<br />
Small Business First (SBF)<br />
Program, the Pollution Prevention<br />
Assistance Program<br />
and the Export Financing<br />
Program were reduced<br />
from 2.75 percent to 1.50<br />
percent. DCED also waived<br />
its standard fees charged to<br />
borrowers.<br />
DCED’s lower interest<br />
rates were initially available<br />
for program applications<br />
received through<br />
March 31. However, the<br />
immediate and positive<br />
impacts realized from Governor<br />
Corbett’s initiative,<br />
led to the extension <strong>of</strong> the<br />
interest rate reduction for<br />
an additional three months<br />
through June 30.<br />
Since the initial announcement<br />
<strong>of</strong> the interest<br />
rate reduction, 42 SBF<br />
loan applications and 32<br />
MELF applications have<br />
been submitted to DCED<br />
for consideration. These 76<br />
independent project proposals<br />
forecast the potential<br />
creation <strong>of</strong> more than 1,500<br />
jobs and the retention <strong>of</strong><br />
more than 8,600 more jobs.<br />
In 2011, prior to the interest<br />
rate reduction, DCED<br />
received a total <strong>of</strong> 34 SBF<br />
applications and only six<br />
MELF applications the<br />
entire year. The additional<br />
loan programs included in<br />
the lowered interest rate<br />
also had an uptick in applications.”<br />
Those who do<br />
not understand economic<br />
development will claim the<br />
rates by the city or the state<br />
are too low but the results<br />
outlined by Secretary<br />
Walker show they work.<br />
I do not normally write<br />
about federal issues because<br />
it is difcult for us<br />
to have any real impact on<br />
what is happening in Washington,<br />
but this will be the<br />
second column in a row I at<br />
least mention Washington.<br />
Last month it was the war<br />
President Obama is waging<br />
on coal- and I guess he did<br />
not listen to what I wrote<br />
since the other day it was<br />
announced – or leaked – I<br />
forget which- that it was<br />
revealed he is planning on<br />
bypassing Congress (again)<br />
and issuing an Executive<br />
Order to ght global warming<br />
and the major target<br />
in the EPA’s sights will be<br />
the coal industry by placing<br />
what many call unreasonable<br />
standards on electric<br />
generating facilities. Hopefully<br />
others with more in u-<br />
ence will persuade him not<br />
to issue the order.<br />
This month I want to<br />
mention, brie y, the IRS<br />
scandal rocking the President<br />
and his Administration.<br />
Now, to be fair, no one<br />
knows how far up the food<br />
chain this goes. To date, the<br />
President and his top aides<br />
have not been implicated –<br />
but that could change. My<br />
problem is not necessarily<br />
with who did or did not<br />
order or know that the IRS<br />
was targeting conservative<br />
groups but it is that this is<br />
the same government agency<br />
that is going to monitor<br />
and enforce Obamacare. If<br />
that does not send chills<br />
up and down your spine,<br />
I don’t know what will. I<br />
wonder if they will target<br />
conservative groups and<br />
businesses to see if they<br />
are complying with the new<br />
Health Care regulations or<br />
actually do a fair job. It is<br />
hard to tell – seems there<br />
has been a lot <strong>of</strong> left leaning<br />
government <strong>of</strong>cials<br />
unfairly targeting groups<br />
perceived to be conservative<br />
lately.<br />
Finally, before coming<br />
to work this morning I<br />
read in the paper an article<br />
about the reported delays in<br />
mail delivery since the closing<br />
<strong>of</strong> the processing facility<br />
in <strong>Williamsport</strong>. I can tell<br />
you from a personal perspective<br />
that my mail is being<br />
delivered at home some<br />
times as late as 8:30PM and<br />
postmarks are rarely from<br />
the day or two before. I can<br />
also tell you it is not the<br />
fault <strong>of</strong> our local delivery<br />
folks either- they do a great<br />
job. I hate to say it, but the<br />
local postal workers (and<br />
the <strong>Chamber</strong>) told you this<br />
could happen. Let’s hope<br />
the excuse given that it is<br />
just a temporary problem<br />
due to the transition is true,<br />
but the fact is the decision<br />
to keep Harrisburg – one <strong>of</strong><br />
the lowest rated facilities<br />
open and close <strong>Williamsport</strong><br />
(one <strong>of</strong> the highest rated<br />
ones) was never done on<br />
merit. And that’s the <strong>Chamber</strong><br />
View.<br />
Get Connected With Your <strong>Chamber</strong>!<br />
Check out our websites for all your events,<br />
relocation plans, economic development news,<br />
leadership opportunities, and membership<br />
information.<br />
www.williamsport.org<br />
www.vacationpa.org www.leadershiplycoming.org