Archive Video from 9.12.11 Harrisburg Parking Authority board members voted to approve borrowing a combined total of $10,645,000 for the following: $7,885,000 Pre-Paid rent for lease extension $2,135,000 for Walnut street garage repairs and $625,000 to settle the Harrisburg University lawsuit. The authority will pay a Convertible Coupon interest rate purchase price of 98% - 10.75% Taxable - 8.50% Tax-Exempt (convertible to Tax-Exempt with a post-closing legal opinion)
Photo/Natalie Cake