Published January 02. 2024 01:45PM
by Terry Ahner tahner@tnonline.com
Whether an ordinance for a Local Economic Revitalization Tax Assistance program is adopted in Lehighton could be determined in 2024.
In December borough council said the plan is to wait until the new council comes in.
Borough Manager Dane DeWire said that Adam Brobst, Lehighton Ford general manager, told him that he is thankful the borough is still considering it.
DeWire added that Brobst said this was probably the only way he is able to stay afloat with Ford’s policy to upgrade its facility for electric vehicles.
Brobst said Lehighton Ford is supposed to have the building done by March 31.
Last month, Councilman Ryan Saunders said that he and Councilwoman Autumn Abelovsky researched many local boroughs in the commonwealth.
Abelovsky said at that time they were checking as to how LERTA would work best in the borough.
At that time, council agreed to have borough solicitor Jim Nanovic draw up an ordinance for a LERTA program.
That came after council in October remained noncommittal on a tax deferment program to assist Lehighton Ford in the upgrade of its facility for electric vehicles.
The dealership plans to demolish its buildings and build new ones, though the dealership will remain open.
A LERTA District serves as a tax incentive program to entice businesses and new businesses to come into the area.
The tax incentive program encourages property owners to renovate or update a building.
Under the program, new commercial or industrial business ventures are eligible for a 10-year phase-in exemption schedule of property taxes.