Northampton County gets $1.22 million for low-cost housing at site of former Glendon Hotel
The landmark building in the Borough of Glendon dated to 1740.
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The landmark building in the Borough of Glendon dated to 1740.
The debt will be tax-exempt, meaning buyers of the bonds will not pay federal income tax on the interest they receive.
St. Luke's won Northampton County Council's approval to sell as much as $450 million in bonds, with almost half paying for the expansion of the Anderson Campus.
Northampton County Council has voted 12 times to fill the vacancy left by Tara Zrinski and has not been able to pick her successor.
None of the 25 applicants received the necessary five votes to fill out the remaining two years of Tara Zrinski's term, so voting will resume Feb. 1.