City of Harrisburg makes final payment of decades-long $125.6

Mar 16, 2023 · The $8,335,968.49 million wire transfer marked the final payment from the City of Harrisburg to Ambac, freeing the city of what officials call Reed-era spending debt.

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City Of Harrisburg Makes Final Payment Of Decades-long $125.6

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Mar 16, 2023 · The $8,335,968.49 million wire transfer marked the final payment from the City of Harrisburg to Ambac, freeing the city of what officials call Reed-era spending debt.

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Ground News - City Of Harrisburg Makes Final Payment Of Decades …

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Mar 16, 2023 · According to the City of Harrisburg, more than $8.3 million cleared a wire transfer this week, which marks a series of debts the city had to Ambac Assurance since 1997. Enable …

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Harrisburg Pays Off $125 Million Debt After 25 Years - ABC27

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Sep 9, 2022 · According to a release, Harrisburg signed off on the final scheduled series of debt payment requirements dating back to December of 1997. On Friday, Sept. 9, an $8.4 million …

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City Of Harrisburg Makes Final Payment Of Decades-long $125.6 …

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Mar 16, 2023 · HARRISBURG, Pa. (WHTM) According to the City of Harrisburg, more than $8.3 million cleared a wire transfer this week, which marks the end of a series of debts the city had …

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City Of Harrisburg Makes Final Payment Of Decades-long $125.6

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City of Harrisburg makes final payment of decades-long $125.6 million debt

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Harrisburg On Schedule To Be Debt-free By Next Year: City

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Harrisburg spokesman Matt Maisel said the payment, made to the Debt Service Fund at the Bank of New York Mellon, clears the city of the $125.6 million debt accrued, including interest, from …

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Matt Maisel: COVID Relief Money Was NOT Used To Indirectly Pay …

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Sep 9, 2022 · By: Sean M. Guay Harrisburg, Pennsylvania – Communications Director Matt Maisel announced that Harrisburg’s 25-year historic debt has been cleared following an $8.4 …

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City Of Harrisburg Makes Final Payment Of Decades-long $125.6 …

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Mar 16, 2023 · According to the City of Harrisburg, more than $8.3 million cleared a wire transfer this week, which marks the end of a series of debts the city had to Ambac Assurance since 1997.

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City Of Harrisburg Makes Final Payment Of Decades-long $125.6 …

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According to the City of Harrisburg, more than $8.3 million cleared a wire transfer this week, which marks the end of a series of debts the city had to Ambac...

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FAQs about City of Harrisburg makes final payment of decades-long $125.6 Coupon?

Will Harrisburg be debt free by next year?

An $8.4 million payment made by the City of Harrisburg on Friday is expected to enable the the city to be debt free by next year. ...

Is Harrisburg still in a good financial spot?

For the latest news, weather, sports, and streaming video, head to ABC27. HARRISBURG, Pa. (WHTM) – One year after Harrisburg announced it made its final payment on a 25-year, multi-million dollar loan, Mayor Wanda Williams says the city remains in a solid financial spot. ...

How much debt did Harrisburg owe the bank of New York Mellon?

Harrisburg spokesman Matt Maisel said the payment, made to the Debt Service Fund at the Bank of New York Mellon, clears the city of the $125.6 million debt accrued, including interest, from a loan taken out in December 1997. ...

Will Wanda Williams re-elect Harrisburg?

HARRISBURG, Pa. (WHTM) – One year after Harrisburg announced it made its final payment on a 25-year, multi-million dollar loan, Mayor Wanda Williams says the city remains in a solid financial spot. At her annual ‘State of the City’ address, Williams announced she would seek re-election and said she plans to remove Harrisburg from “Act […] ...

Will Harrisburg be removed from Act 47?

At her annual ‘State of the City’ address, Williams announced she would seek re-election and said she plans to remove Harrisburg from “Act 47,” a designation some Pennsylvania cities fall under due to financial distress. “This will close the chapter on a sad period in our city and open our doors on a new and exciting one,” Williams said. ...

What's going on in South Harrisburg?

South Harrisburg,” Williams said. “This project will replace more than 220 units into a mixed-income space of opportunity.” Such housing will also be built in Allison Hill. Williams also bolstered her efforts to cut down on blighted buildings, saying dozens, including the Broad Street Market, are being repaired. Copyright 2024 Nexstar Media, Inc. ...