Harrisburg Parking Authority Special Board Meeting July 5, 2016.
Monday July 11, 2016 at 7:03 pm
By James Roxbury

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The Harrisburg Parking Authority Board approved the following resolution by a 5-0 vote. Whereas, PEDFA has withheld Rent and City Payments without justification and in violation of the Lease, the Asset Transfer Agreement and the Indenture.

Letter signed by Harrisburg Parking Authority Chair Vern L. McKissick addressed to PEDFA The accrued Rent due as of the date of this notice is $678,571.96.

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Archive.

Harrisburg Parking Advisory Meeting February 22, 2016.

Mayor Eric Papenfuse comments during Monday's public meeting at the Crowne Plaza hotel downtown Harrisburg.

The waterfall system, pools of money, PEDFA and threats from DCED.

A scandal of significance proportions.

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PEDFA Board Meeting Wednesday October 21, 2015.

Harrisburg Mayor Eric Papenfuse spoke to board members of the Pennsylvania Economic Development Financing Authority (PEDFA) Wednesday afternoon.

Mayor Papenfuse.

Our relationship with SP Plus and PK Harris is good and improving. Our relationship with CREDC is poor and getting worse.

The Official Statement of the PEDFA $286 million revenue bonds states that CREDC shall be paid $8K a month plus expenses.

Official Statement Page 338.

ARTICLE V CREDC FEES SECTION 5.01. Fees of CREDC. In consideration of the performance of CREDC's services under this Agreement, and subject to the provisions of Section 4.08 herein, CREDC shall be paid such reasonable fees as proposed by CREDC in each year of the Term. Initially, the fee of CREDC shall be $8,000.00 per month, payable in advance on the first business day of each month commencing on January 2, 2014. In addition, CREDC shall be paid a pro rated monthly fee, based on such initial amount, for the period from December 23, 2013 through January 2, 2014.

Official Statement of the $286,553,663.70 Pennsylvania Economic Development Financing Authority Parking System Revenue Bonds.

Capitol Region Parking System 758 Page Statement.

Map of Midtown. New Meters.

The zones where new meters are permitted. Competitive Parking Area.

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Archive video November 2013.

The Harrisburg Parking Authority board met Tuesday afternoon at 2pm to vote on asset transfers, lawsuit settlements, and cooperation agreements related to the "Harrisburg Strong Plan"

Video. Revised Asset Transfer Agreement.

Video. PEDFA Lease.

Video. 2014 Rate Increase.

Video. 2013 Cooperation Agreement.

Video. PEDFA Preliminary Official Statement.

Video. Termination Of Interest Rate Cap Agreement.

Video. The Harrisburg University Lawsuit Settlement.

Video. The Harrisburg University lawsuit, a settlement of 3.6 million funded by the parking transaction proceeds.

Here's a copy of the Harrisburg Parking Authority Proforma Settlement Statement

Here's a copy of the Settlement Agreement between UMB Bank, N.A., Harrisburg University, Harrisburg Parking Authority and Forth Street Condominium Association.

Here's a copy of the Modification to Mortgage, Consent and Release.

Lastly, here's a copy of the Settlement Agreement and Mutual Release between the Harrisburg Parking Authority and The Harrisburg University of Science and Technology.

Photo file 2012

 
Tags: , Act 47, DCED, Default, Harrisburg, HPA, Junk Bonds, Mayor Papenfuse, Parking, PEDFA, Strong Plan