Archive - News Article
October 2nd, 2012
Historically low interest rates have led many municipalities and schools to refinance their debt to save money.
But the same low interest rates also are cutting earnings on money set aside in "rainy day" reserve funds.
This is the case in Wetmore Township.
Acting at a meeting Tuesday, the Wetmore Township Board of Supervisors agreed to renew a $200,000 certificate of deposit (CD) with Hamlin Bank and Trust of Kane.
The interest to be paid over the next year is only 0.9 percent-- less than 1 percent. The township in the past year received 1.5 percent interest on the same CD.
MT. JEWETT â Proposals are being sought to refinance debt for the Mt. Jewett water department.
Uni-Tec of State College, the consulting engineering firm for the borough, has asked seven banks to submit proposals by Friday. The engineers will make a âformal recommendationâ at a meeting of Mt. Jewett Borough Council on Nov. 5.
Uni-Tec is asking for two separate proposals from each bank, including Hamlin Bank and Trust, CNB and Northwest Savings Bank.
One proposal calls for refinancing water department debt of $484,256.69.
Mt. Jewett Borough CouncilÂ
When:Â Monday, Nov. 5Â
A longtime Highland Township supervisor has been charged with environmental law violations while serving as the certified operator of the James City sewage treatment plant.
Charlie Vaughn, 75, chairman of the township Board of Supervisors, until recently served as the state-certified operator at the sewage plant in James City. He resigned within the past few months.
According to a statement issued Monday by Pennsylvania Attorney General Linda Kelly, Vaughn is accused of filing "falsified environmental reports" with the state Department of Environmental Protection (DEP).Â
The Kane Eagles Club continues to help people in need from our area.
Kaneâs Jerrod Swanson was born with Nagerâs Syndrome, also known as acrofacial dysostosis. The condition is extremely rare with only a few hundred cases reported worldwide. According to the Foundation for Nager and Miller Syndromes, it is âa rare genetic condition involving physical anomalies.â
MT. JEWETT â Non-profit organizations and groups in Mt. Jewett are invited to apply for a share of the funds raised for a state-sanctioned Charter School in the borough.
Chuck Paar, president of the Mt. Jewett Borough Council, said Monday that "just under" $14,000 remains in the treasury for the Mt. Jewett Charter School Coalition.
RIDGWAY â A Ridgway man incarcerated since July 24 on arson and related charges, as well as charges of attempted murder and assault, was in Elk County Court Monday appealing for a reduction in bail so that he may be released from jail and return home while awaiting trial.
Francis Anthony Milliard, 54, of 76 Long Level Rd., Ridgway, waived arraignment and entered not guilty pleas Monday in five separate cases against him, including a 2010 Ridgway arson, a 2008 Johnsonburg arson, the assault of a Ridgway man, firearms possession by a convicted felon, and a drug offense.
Numerous studies have shown that "buying locally" strengthens the economic base for a community.
That's why Kane area residents are being asked to show more support for their own local hospital.
"We really need to stick together and pull together," Gary Rhodes said Thursday. He has worked at Kane Community Hospital (KCH) for 25 years and has been the chief executive officer (CEO) for the past 16 years.
Donations have been rolling in to help cover the cost of repairs at the skate/bike facility at Glenwood Park in Kane.
More than $4,000 has been raised so far for the work at the wooden ramps.Â
Until work is completed and the facility passes inspection by an insurance representative, the borough continues to mark the skate/bike ramps off limits to riders.
Two events to assist the skate/bike park are set for today. Demonstrations and music will be featured at the site from 4 p.m. to 7 p.m.
There might not be an easier way to raise money for student groups at Kane Area High School.
The Ford Motor Company will donate $20 for every person who goes behind the wheel Saturday and âtest drivesâ a new Ford vehicle. In addition, the company will donate a âbonusâ of $10 for every âtest driveâ in a 2013 Ford Escape.
Ford will donate up to $8,000 under the program to benefit the âHurri-Kaneâ school yearbook, the Class of 2014 (juniors), the Class of 2015 (sophomores) and the Kane chapter of Students Against Destructive Decisions (SADD).
It was a successful first Career and College Night at Kane Area High School.
The event, which was held Wednesday evening in conjunction with open house at the school, gave parents and students a chance to visit with representatives from colleges, industry and the military services.
"It was really a good idea," Phillip Carlson of Mt. Jewett said in commenting on the program in the school gymnasium. "It gives parents the chance to go from table to table to see what's available for their children."