Lycoming County commissioners are being asked to approve up to a $5 million private placement bond issued by The Williamsport Home, 1900 Ravine Road, for a construction project that would add 18,000 square feet to the facility.
Don Pote, executive director of the assisted and independent living center and rehabilitation facility, said the project would add 18 private rooms for short-term rehab patients, a gymnasium and new rehab center.
Plans call for Jersey Shore State Bank to purchase the entire bond amount, which may come in under $5 million, and parcel it out to other banks, according to Ann Pepperman, solicitor for the Lycoming County Authority.
The authority is the agency which issues the bonds. Lycoming County government is not financially obligated under the deal, but must act to formally approve the arrangement.
Pepperman said the county authority has previously approved the measure.
"We feel it will enhance our ability to service our community," Pote said.
Commissioners will review the request at their Thursday meeting.
A $14,145 contract with a Moon Township engineering firm to certify flood maps to Federal Emergency Management Agency specifications also will be reviewed by commissioners Thursday. The maps are specific to the Trout Run floodway, said Fran McJunkin, county deputy director for GIS and assessment.
FEMA's flood maps show that the area is in the 100-year floodplain, however McJunkin said the 500-year floodplain more accurately reflects that area.
