New Castle News

Closer Look

September 27, 2013

City to create new development corporation

NEW CASTLE — The city of New Castle is creating a new corporation as a vehicle for economic development and neighborhood stabilization.

Council adopted a resolution Thursday night to begin the process of creating the Citywide Development Corp. of New Castle.

Matthew Staniszewski, city economic development director, is recommending the non-profit organization.

The organization will cover a wider scope of activities than the Greater New Castle Community Development Corp., which is in the process of dissolving itself. That corporation essentially was devoted to economic development.

In addition to promoting commercial and industrial development, the new corporation will serve as the umbrella organization for a city land bank and programs created by state law to address abandoned and blighted properties.

The first step for the city will be to file articles of incorporation with the state and file with the Internal Revenue Service and the state for tax exemption.

Council created the Greater New Castle Community Development Corp. in 2000. It was later discovered that paperwork sent to the IRS for tax-exempt status was never received by the IRS.

In June 2012, council adopted a resolution to have a local accounting firm prepare the proper form for tax-exempt status. The fee for completion and submission of the form was not to exceed $3,000.

However, a month later, on the advice of solicitor Jason Medure, council rescinded the resolution. He recommended the corporation be dissolved and reorganized.

1
Text Only | Photo Reprints
Closer Look
  • phone.jpg Attorney general warns of phone scams

    Assorted scams in the commonwealth have prompted a warning from the Pennsylvania Attorney General’s Office. Attorney General Kathleen G. Kane said several scams have been reported to the Bureau of Consumer Protection in recent weeks.

    July 30, 2014 1 Photo

  • disability.jpg Disabilities group unveils new icon

    Disability Options Network is joining forces with the Accessible Icon Project. Officials of the community organization, located at 1929 E. Washington St., said its new icon will replace the current international symbol for accessibility.

    July 29, 2014 1 Photo

  • well.jpg Auditor: State doesn’t have enough inspectors to monitor wells

    The state’s 83 well inspectors face a daunting enough challenge keeping tabs on 120,000 active oil and gas wells that have been drilled over the last century.

     

    July 29, 2014 1 Photo

  • vote.jpg Independent hopefuls may widen gubernatorial field

    Just when Pennsylvania voters were getting used to the idea of a gubernatorial election showdown between Republican incumbent Tom Corbett and Democratic challenger Tom Wolf, other hopefuls may soon be joining the fray.

    July 28, 2014 1 Photo

  • manna.jpg John K. Manna: Measuring the money

    Should we even bother to have an election in November? By some accounts, maybe the results of some contests are already in.

    July 26, 2014 1 Photo

  • shooting.jpg Man injured in city shooting

    A man was flown to a Pittsburgh hospital Thursday morning following a shooting on West Lincoln Avenue.

     

    July 25, 2014 1 Photo

  • police.jpg Police: Man pulls gun on construction workers

    Construction workers in Neshannock Township flagged down police Thursday claiming a business owner had pulled a gun on them.

     

    July 25, 2014 1 Photo

  • Shooting.jpg Shooting witness arrested for giving false name

    State police have arrested a second Detroit area man after questioning him about Sunday’s fatal shooting in Ellwood City. DeMarco Dorian Hoskins, 22, of Highland Park, Mich., was the third man in a private car that transported the deceased to look for a hospital. Hoskins allegedly gave police a false identity when they questioned him as witness.

    July 24, 2014 1 Photo

  • bridgerepair.jpg PennDOT seeks outside help to make bridge repairs

    State officials are poised to sign a massive deal that will enlist outside help to rebuild and maintain up to 600 bridges, marking the Corbett administration’s latest foray into privatizing key government functions.

     

    July 24, 2014 1 Photo

  • GALLO_Natalie.jpg County native plays Clinton intern

    Natalie Gallo isn’t an intern, but she’s playing one on the New York stage.

     

    July 24, 2014 1 Photo

House Ads
Seasonal Content
Section Teases
Must Read
Continuous Super Bowl Coverage