Created on Thursday, 28 March 2013 09:05
Lansdale Boro continues to move forward, not only to accommodate residents and visitors, but to also bolster the Boro’s financial well-being, Boro manager Timi Kirchner cites one particular project that will generate income.
"The Madison Lot project, on a yearly basis will be bringing in three quarters of million dollars in direct revenues back in to the Boro. That property right now is not taxable, it's owned by the authority, but it will become taxable property, so there's the tax revenues that come in from that, also all the new sewer and electric customers will also generate those revenues."
Kirchner, a recent guest on Comment Please by Univest, also commented on the Wood-vine Connector, which will make it easier for visitors to make it around Lansdale.