City Final Budget Adoption; No Tax Hike
LOCK HAVEN – City council Monday night gave final approval to the 2016 Lock Haven budget. The document amounts to $10.515 million and will see city real estate taxes unchanged in 2016. A proposed document had been introduced in mid-November and the final document is little changed.
Also Monday council gave its approval to a loan for a proposed new restaurant in the downtown. Christopher Darwin plans to buy the site of the former Checkers restaurant at 127 E. Main St. and open his Main Street Bar & Grill.
Council okayed a $50,000 loan from the city’s Commercial Loan Program. The money is to go towards the property purchase, machinery and equipment and building renovations.
The business is presently owned by ANC TRST LLC/Route 56 Inc; that firm is also providing a loan as part of the deal, along with the Clinton County Revolving Loan Fund and the County Enterprise Zone Fund. The county revolving loan fund committee is act on the Darwin request in January. Darwin is co-owner of the Riverside Saloon on N. Grove St.