Bethlehem, May 5, 2011 – – State Sen. Lisa Boscola today announced state funding totaling over $5.63 million for three projects in Monroe County and one in Northampton County.

“I am pleased that we have found the means to fund these projects without tapping local taxpayers,” Boscola said. “I will continue to seek state support for local projects.

The following projects received funding from Monroe County’s local share of gaming monies:

  • Monroe County Industrial Development Authority, on behalf of CFRED Center for Innovation and Entrepreneurship, was awarded a $459,550 grant to expand the East Stroudsburg University Business Accelerator in the ESU Research and Business Park.  This grant will create 86 new full-time jobs on-site and additional 50 manufacturing jobs in Monroe and Lackawanna Counties.
  • Monroe County Industrial Development Authority, on behalf of the Sherman Theater, was awarded a $124,283 grant to purchase equipment allowing for the conversion of the theater into an event and convention center.
  • Monroe County Industrial Development Authority, on behalf of Broadhead Creek Regional Authority, was awarded a $1.047 million grant for the upgrade and expansion of the Borough of Stroudsburg wastewater treatment plant in order to increase the treatment capacity by 2,000,000 gallons per day.  This project will allow for increased sewage capacity necessary for future expansions of Monroe County’s largest private employer, Sanofi Pasteur.

The “local share assessment” account was established by the Pennsylvania Race Horse Development and Gaming Act. The funds are generated by the state’s gaming facilities.

In addition, The Borough of Portland, Northampton County, was awarded $4 million to assist with debt service on a new wastewater collection, conveyance and treatment system under the state’s H2O PA program.  Portland Borough residents have been saddled with the highest sewage rates in the state, with monthly sewage bills ranging over $100.

The H2O PA program allocates single-year or multi-year grants to municipalities or municipal authorities to assist with the construction of drinking water, sanitary sewer and storm sewer projects.   The CFA funded over $172 million in water and sewage projects at today’s meeting.

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