April 2017
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May. 16th, 2023 @ 9:18 pm
RT @timelywriter: PHILADELPHIA (@AP) _ Cherelle Parker wins Democratic primary for Philadelphia mayor, likely positioning her as 1st woman…

May. 16th, 2023 @ 8:16 pm
RT @RyanDeto: NEW: The AP has called the Allegheny County Executive race for Sara Innamorato, a progressive lawmaker. She joins several oth…

May. 16th, 2023 @ 8:13 pm
RT @PeteHallPA: Democrat Heather Boyd has won the 163rd Legislative District special election in a 76-22% landslide preserving the Democra…

May. 4th, 2023 @ 9:06 am
RT @MacFarlaneNews: Zachary Rehl, Ethan Nordean, Enrique Tarrio and Joe Biggs are found GUILTY of seditious conspiracy.

Mar. 23rd, 2023 @ 10:46 am
RT @MacFarlaneNews: FLASH: Per my teammate @RobLegare Federal judge Amy Berman Jackson sentences Riley Williams to 36 months (3 years) i…

Mar. 23rd, 2023 @ 9:00 am
RT @MacFarlaneNews: Defense argues Trump and Rep Scott Perry (R-PA) and Nick Fuentes were influences on Riley Williams (Perry is the Cong…

Mar. 23rd, 2023 @ 8:50 am
RT @ryanjreilly: DOJ: Riley Williams is not some “impulsive Gen-Z gadfly,” she “participated in domestic terrorism, plain and simple.” Ril…

Jan. 31st, 2023 @ 12:42 pm
Pa State Sen. Mike Regan tosses protester blocking doorway at 1K$ fundraising lunch for Sen. Scott Martin https://t.co/KZqU3QfWiB

Jan. 17th, 2023 @ 6:19 pm
The end of an era - Tom and Frances Wolf exit the Pennsylvania State Capitol 1.17.23 https://t.co/l4eOdKBz6y

Jan. 12th, 2023 @ 3:26 pm
RT @ByCarterWalker: Lycoming County recount results are in. Story soon: https://t.co/Fj1SmIVmiN

Jan. 10th, 2023 @ 8:04 pm
Tuesday 4:53pm - Pa. Senate Rules committee passes SB1 11-6 https://t.co/3aMf75hCnX

Jan. 10th, 2023 @ 5:14 pm
Editing video of Pa. Senate Rules committee Tuesday 4:35pm. https://t.co/2VMENm4l6V

Jan. 9th, 2023 @ 6:46 pm
Pa Senate State Government committee Monday afternoon. Chair Cris Dush - nobody has been charged with insurrection. https://t.co/cOMm6oPSVU

Jan. 9th, 2023 @ 6:18 pm
Pa Speaker Mark Rozzi - Because they took all the money away. https://t.co/HVwgilc1sC

Jan. 4th, 2023 @ 7:42 am
Pa Speaker vote Rozzi 115 - Metzgar 85 https://t.co/7brf5ipXX8

Jan. 3rd, 2023 @ 9:01 pm
Pa. Speaker Rozzi 8:01pm https://t.co/9M5g1cFWds

Jan. 3rd, 2023 @ 6:42 am
Archive - Swearing-in day 1.2.7 https://t.co/ouzSdyAAYT

Jan. 3rd, 2023 @ 4:42 pm
Rep Cutler takes questions on election of House Speaker https://t.co/LdsbynObSK

Jan. 3rd, 2023 @ 4:36 pm
Pa House scheduled back in at 6:45pm https://t.co/J0bRjEO3f2

Jan. 2nd, 2023 @ 12:48 pm
https://t.co/0jv0ihYv2O

© Roxbury News, 2011

Harrisburg University Tax-exempt bonds not to exceed $65 Million.

4 Apr
Tuesday @ 2:37 pm

Dauphin County Commissioners Meeting April 5, 2017.

JJ. Resolution #7-2017 – Authorizing the approval in accordance with Section 147(f) of the Internal Revenue Code of 1986, as amended, of a plan of financing of the Dauphin County General Authority; declaring that it is desirable for the health, safety and welfare of the people in the area to be served by such facilities to have such facilities provided by, or financed through, the Dauphin County General Authority - Harrisburg University of Science and Technology Project.

_______________________

March 31, 2017 10am.

TEFRA hearing Harrisburg University Bonds.

NOTICE IS HEREBY GIVEN that the Dauphin County General Authority (the "Authority") will hold a public hearing on Friday, March 31, 2017, at the offices of McNees Wallace & Nurick LLC located at 100 Pine Street, 9th Floor, Harrisburg, Pennsylvania, at 10:00 a.m., prevailing time, in connection with the proposed plan of financing involving the issuance by the Authority of one or more series of tax-exempt bonds in an aggregate principal amount not to exceed $65,000,000 (the "Bonds") for the benefit of The Harrisburg University of Science and Technology, a nonprofit corporation organized and existing under the laws of the Commonwealth of Pennsylvania (the "University").

A. Description of the Facilities to be Financed or Refinanced. The proceeds of the Bonds will be loaned to the University and applied (i) to currently refund all or a portion of the outstanding University Revenue Bonds, Series B of 2007 (The Harrisburg University of Science and Technology Project) previously issued by Capital Region Water (formerly The Harrisburg Authority) for the benefit of the University to finance the construction, development, equipping and improvement of the University's facilities located at 326 Market Street, City of Harrisburg, Dauphin County, Pennsylvania; (ii) to fund any necessary reserve funds or accounts; and (iii) to pay all or a portion of the costs of issuance of the Bonds.

B. Maximum Amount of Issue: $65,000,000.

C. Initial Owner: The Harrisburg University of Science and Technology, a nonprofit corporation organized and existing under the laws of the Commonwealth of Pennsylvania.

D. Location of Facilities: The project facilities described in Paragraph A above being financed or refinanced with the proceeds of the Bonds are located entirely on the campus of the University in the City of Harrisburg, Dauphin County, Pennsylvania, with a mailing address of: Harrisburg University of Science and Technology, 326 Market Street, Harrisburg, Pennsylvania 17101.

The public is invited to attend the hearing at the address set forth above. Any and all persons in attendance will be afforded an opportunity to comment on the proposed issuance of the Bonds. The public hearing is held by and on behalf of the Authority, as the issuer of the Bonds, and by and on behalf of the County of Dauphin, Pennsylvania, as the governmental unit having jurisdiction over the area in which the project facilities are located and on whose behalf the Authority acts, as required by the Internal Revenue Code of 1986, as amended.

________________________

November 15, 2016.

Public Hearings 2017 Dauphin County Budget.

Harrisburg University President Eric Darr.

Audited Financial Statement June 30 2016.

Notes to Financial Statements Page 13.

County of Dauphin

During the years ended June 30, 2010 and 2011, the University borrowed $ 1,000,000 and $ 1,200,000, respectively, from the County of Dauphin, Pennsylvania. On February 29, 2012, the University borrowed $ 1.5 million from the County of Dauphin under the County Guarantee described above under "bonds payable". At that time, the University and the County of Dauphin entered into a promissory note for the entire $ 3.7 million at an interest rate of 0.5% and due date of December 29, 2019. On February 28, 2013, the University borrowed an additional $ 1.5 from the County of Dauphin under the County Guarantee. At that time, the University and the County of Dauphin entered into a promissory note for the entire $ 5.2 million at an interest rate of 0.5%. During the year ended June 30, 2014, the County forgave the $ 1.5 million borrowed on February 28, 2013, reducing the outstanding loan balance to $ 3.7 million at June 30, 2014. A $ 45,000 principal payment was made during 2015. The balance payable is $ 3,655,000 at June 30, 2016 and 2015.

On February 26, 2016, the County advanced $ 994,755 to the University under the guarantee agreement. The County considers the 2014 debt forgiveness and the 2014‐2016 advances to be grants to HU and therefore does not expect repayment (see Note 7).

(A) Under the terms of a promissory note dated February 28, 2013, the $ 3,655,000 owed to Dauphin County at June 30, 2016 and 2015 is at an interest rate of 0.5%, with repayment of both principal and interest due on December 29, 2019.

___________________________

November 18, 2015.

Eric Darr, President of Harrisburg University made a 17 minute presentation to Dauphin county commissioners on Wednesday November 18th.

The presentation was part of four days of public meetings discussing the proposed 2015 Dauphin county budget.

Eric Darr.

Student enrollment figures.

Developing gaming videos.

Harrisburg University, Carnegie Mellon University , and Drexel University are awarded a 750, 000 dollar grant from DCED.

Recruting International students.

We started recruiting students from India, principally from Hyderabad India, 690 grad students possibly 1500 by sumer.

Another loan default related to the $15,000,000 bond guarantee by Dauphin county.

I will tell you from a conservative perspective we would still expect the 1.5 million from the county in March.

________________________

From Harrisburg University web site.

International Students: Why Choose HU?

Gain the American experience and a great student-centered education in highly-sought after science, technology, engineering and mathematics fields.

An international student planning to study at the University with a student (F-1) visa must satisfy the appropriate admissions requirements and procedures, demonstrate proficiency in the English language, and provide an affidavit of financial support. Academic records should include courses studied, grades earned, diplomas, certificates, and results of comprehensive national examinations. A certified translation of previous education records is required if the records are in a language other than English.

An applicant whose native language is not English may demonstrate English proficiency by submitting his or her scores from the Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), other testing, or a personal interview.

Acceptable demonstrations of English proficiency would include one of the following:

Completing a college degree from a regionally accredited U.S. institution.

Earning a score of 4.0 or higher on the Analytical Writing section of the Graduate Record Exam (GRE).

Earning a TOEFL score of 80 or higher on the web-based version or earning an IELTS score of 5.0

The Department of Homeland Security, U.S. Immigration and Customs Enforcement (DHS-USICE), approves Harrisburg University as an institution eligible for the Student and Exchange Visitor Information System (SEVIS).

This approval allows an international student to apply for entry into the United States for study on an F-1 visa only after an "Affidavit of Financial Support" is deemed sufficient by the university and a tuition deposit payment of at least $1,000 toward the first semester's tuition has been received. A USICE Form I-20 is then certified and submitted to SEVIS. The SEVIS application fee of $200 is then paid by the student directly to SEVIS.

Following entry into the United States and arrival at the university, the student will be required to provide a copy of the passport, I-20 Certificate of Eligibility, and the Form I-94 departure record to confirm all identification information in SEVIS.

An international student does not qualify for Federal and State financial aid but may be considered for institutional aid awards or private education loans through participating lenders.

NEW Curricular Practical Training To receive information on Curricular Practical Training offered in ISEM, Analytics, Learning Technologies or Project Management, please email your request toCPT@HarrisburgU.edu

____________________

March 26, 2014.

Harrisburg University defaulted on the March 1, 2014 Debt Service Payment. Dauphin county paid to UMB Bank (Trustee) $1.5 million as the first guarantor of the 2007 series B Revenue Bond, this is the fourth year of default by the university with the county paying $6 million, the county has guaranteed a total of $15 million of the 2007 series bond.

Video. Guaranteed until 2019.

_________________________________

As published by EMMA - Electronic Municipal Market Access January 9, 2014.

UMB

UPDATE TO BONDHOLDERS.

THE HARRISBURG AUTHORITY UNIVERSITY REVENUE BONDS (THE HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY PROJECT) SERIES B OF 2007 (THE “BONDS”)

Please forward this Notice to beneficial holders.

UMB Bank, N.A. (the “Trustee”) is successor indenture trustee under the Trust Indenture (the “Indenture”), dated as of January 1, 2007, by and between The Harrisburg Authority (the “Authority”) and Commerce Bank, National Association, as trustee, pursuant to which the Authority issued its University Revenue Bonds, Series A of 2007 (The Harrisburg University of Science and Technology Project) and its University Revenue Bonds, Series B of 2007 (the Harrisburg University of Science and Technology Project) in the aggregate principal amount of $87,915.000 (together, the “Bonds”). Reference is made to the Indenture and to the Loan Agreement (the “Loan Agreement”), dated as of January 1, 2007, pursuant to which the Authority loaned the proceeds of the Bonds to The Harrisburg University of Science and Technology (the “University”). The Authority assigned all of its rights in, to, and under the Loan Agreement to the Trustee. Capitalized terms not defined herein have the meanings ascribed to them in the Indenture and the Loan Agreement.

Events of Default.

The Trustee previously notified Holders of the failure by the University to make the March 1, 2013 and September 1, 2013 Debt Service Payments. Following discussion between the Trustee and Holders, the Debt Service Reserve Fund was not utilized to make the March 1, 2013 or September 1, 2013 payments and those payments were not paid to Holders.

Additionally, pursuant to section 4.2 of the Loan Agreement, the University was required to make a Loan Payment to the Trustee in the amount of $1,806,750 at least seventy-five (75) Business Days prior to March 1, 2014. The University failed to make that payment. Such failure constitutes an Event of Default under section 7.1(a) of the Loan Agreement and section 6.1(e) of the Indenture. As a result of the failure by the University to make the required Loan Payment, the Trustee requested payment from the County under the Guaranty and Credit Support Agreement in the amount of $1,500,000, which is the maximum amount that may be requested during any one calendar year. Such funds are to be received from the County not later than three days prior to the March 1, 2014 Debt Service Payment Date.

Parking Garage Transaction.

As security for the performance of the obligations of the University under the Loan Agreement, the University entered into an Open-End Mortgage and Security Agreement (as amended, modified, or supplemented from time to time, the “Mortgage”), pursuant to which the University granted to the Trustee a security interest in and mortgage on the Mortgaged Property, including the Land, Building, Property, and Parking Unit (all as defined in the Mortgage).

The University entered into an Agreement of Sale and Purchase, dated as of January  , 2007, with the Harrisburg Parking Authority (“HPA”) wherein, inter alia, the University represented that the University intended to submit the Property to a condominium form of ownership and agreed to sell to HPA one condominium unit (the “Parking Unit”) within the Mortgaged Property, to consist of seven floors of parking facilities to include 392 parking spaces, for a purchase price of $14,000,600. Such purchase price (except for a payment related to certain change orders on construction of the building) was paid and thereafter used, along with proceeds of the Bonds, to construct the Building.

In mid-2013, HPA demanded that the University deliver a deed conveying the Parking Unit free and clear of all mortgages and liens, including the Trustee’s Mortgage. The Trustee advised HPA and the University that, under the terms of the Mortgage, the Trustee had no obligation to release its lien so long as any Event of Default existed. As a consequence of existing Events of Default, the Trustee refused to release its lien on the Parking Unit.

Following discussion with the Holders, the Trustee entered into negotiations with HPA regarding payment to be made by HPA to the Trustee in return for the Trustee releasing its Lien upon the Parking Unit. With the agreement of a majority of the Holders, the Trustee agreed to release its lien on the Parking Unit upon payment to the Trustee of $3,600,000. On December 23, 2013 the Trustee received payment from HPA in the amount of $3,600,000, whereupon the Trustee released its lien on the Parking Unit. The Trustee retains its lien on all other property subject to the Mortgage.

Distribution.

As noted below, an interest payment in the amount of $3,613,500 will be made to Holders. The Trustee has assigned January 19, 2014 as the record date (the “Special Record Date”) and January 29, 2014 as the payment date for this Distribution to Holders. Holders of the Bonds as of the Special Record Date will receive the following distribution of the proceeds:

.CUSIP Outstanding Principal Aggregate Interest Distribution per CUSIP 41473XAB5 Rate Per $1,000

Outstanding Principle $60,225,000 Aggregate Interest Distribution per CUSPID $3,613,500 Rate Per $1,000 $60.00

The Distribution of funds will be applied to the missed payments for March 1, 2013 and September 1, 2013. The sources of the Distribution are the $3,600,000 the Trustee received from HPA and an additional $71,000 the Trustee received from the University on December 30, 2013.

Following the Distribution, the University will remain in default of its obligation to make a Loan Payment in the amount of $1,806,750.

Forbearance Agreement.

After discussion with Holders, the Trustee entered in negotiations with the University on a forbearance agreement. With the consent of a majority of the Holders, the Trustee entered into such an agreement on December 6, 2013. The agreement requires, among other things, that the University pay the Trustee the amount of $71,000 per month. The Trustee received the first payment of $71,000 on December 30, 2013.

As stated above, the University remains in default of its obligations. The Trustee and Holders of a majority in aggregate principal amount of the Bonds are in continuing discussions with the University on matters relating to the Bonds.

Additional Information.

The Trustee intends to issue periodic notices to Holders regarding certain matters relevant to the Bonds. Holders should not rely on the Trustee as their sole source of information.

Certain disclosure documents with respect to the Bonds have been posted to the EMMA service and are available free of charge. The Trustee is not responsible for the maintenance or accuracy of the EMMA Service and makes no representations or warranties with respect thereto.

The Trustee has been in consultation with the majority Holders regarding matters relating to the Bonds. Any Holders wishing to participate in these consultations with the Trustee, wishing to receive expedited communication, or having questions regarding this notice are encouraged to contact the Trustee. You may contact the Trustee, Mark Heer directly by e-mail: Mark.Heer@umb.com or through the Trustee’s counsel, EricA. Schaffer, at ESchaffer@reedsmith.com. The Trustee will not share any bondholder information delivered via this disclosure unless agreed to by the Holder. The Trustee may conclude that a specific response to particular inquiries from individual Holders is not consistent with equal and full dissemination of information to all Holders. The Trustee makes no recommendations and gives no investment or tax advice. If any Holder has not contacted the Trustee, such Holder is asked to do so.

UMB BANK, N.A., JANUARY 9, 2014 As Trustee *The Trustee is not responsible for the selection or use of this CUSIP. It is included solely for Holder convenience.

US_ACTIVE-115954344.2 01/09/2014 2:35 PM

Photo/Natalie Cake

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Pa. House Appropriations Committee - April 3, 2017.

4 Apr
Tuesday @ 1:06 pm

Pa. House Appropriations committee Monday 4:48pm.

31.52 Billion dollar spend.

A new kind of thinking in Harrisburg.

HB 271 Airport Gaming.

Short Title.

An Act amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, in general provisions, further providing for definitions; in Pennsylvania Gaming Control Board, further providing for general and specific powers, for regulatory authority of board and for reports to board; in licensees, further providing for supplier licenses and for manufacturer licenses; providing for airport gaming; and, in administration and enforcement relating to gaming, further providing for compulsive and problem gambling program and for prohibited acts and penalties.

FISCAL NOTE HB 271

ANALYSIS: The legislation adds a new Chapter 13B (Airport Gaming) authorizing gaming at qualified airports. Current slot machine licensees seeking to make games available to players through the use of multi-use computing devices may petition the Pennsylvania Gaming Control Board (Board) for an airport gaming certificate. A one-time, nonrefundable fee of $1 million shall be paid within 30 days of being issued an airport gaming certificate. All fees or penalties under Chapter 13B will be deposited into the General Fund. Each airport gaming certificate holder will pay a tax of 14% of its daily gross airport gaming revenue and the revenue generated will be deposited into the General Fund.

In addition to the 14% tax, each airport gaming certificate holder will pay a multi-use computing device local share assessment of 20% of its gross airport gaming revenue into a restricted receipts account in the State Gaming Fund to be distributed quarterly back to each qualified airport.

FISCAL IMPACT: As amended, there are 8 airports in the Commonwealth in which interactive gaming will be authorized under this legislation. Assuming a slot machine licensee is issued an airport gaming certificate to conduct gaming in each of the six international airports in Pennsylvania and the two qualified commercial service airports, this will result in $8 million in one-time license fee revenues. Furthermore, it is estimated that gaming operations in each of the qualified airports would generate $8 million annually from the 14% State Tax. Assuming an enactment date of June 30, 2017, and the implementation of authorized gaming in all qualified airports, this legislation is estimated to generate $8 million in license fees for the General Fund in 2017-18 and $4 million in new gaming revenues for the General Fund in 2017-18. The amount of the local share assessment to be generated in 2017-18 is estimated to be $5.7 million.

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