Montg Twp Seeks Permission For Bond Issue

moneyThe Montgomery Township Supervisors have applied to the Pennsylvania Department of Community and Economic Development for permission to borrow $5.5 million for open space preservation and park projects. The state agency must approve a higher bonded debt level before the township can borrow the money, which would go mainly for buying 12 acres of land on Horsham Road across from the township building and the 50-acre Zehr Tract next to William Maule Park at Windlestrae.  Some supervisors want to build a community center on the Horsham Road property.

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Address: 1210 Snyder Road
Lansdale, PA 19446

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