Harrisburg Mayor Linda Thompson said Tuesday city leaders and others involved in the debt negotiations “moved a mountain” to arrive at the new plan the city’s receiver submitted Monday.
“This means that no party gets exactly what it wants,” said Thompson. “I can’t imagine anyone, in the limited numbers, to even think that this community or the courts or any of us would sit back and tolerate one person holding up this entire plan.”
The plan, called “Harrisburg Strong,” requires court approval. A hearing has been scheduled for Sept. 19.
To see the plan, click here.
If the plan, submitted by Maj. Gen. William Lynch, is approved it would wipe away the incinerator debt, estimated at about $362.5 million for a city of just over 49,000 people.
The plan includes concessions from the city’s creditors and unions. It also calls for extending the hike in the earned income tax. the incinerator and parking assets will be sold, and parking rates will increase at meters and garages.
Mayoral candidate Eric Papenfuse (D) said in a statement Tuesday he sees the plan as a positive way to avoid bankruptcy.
“The plan that Receiver William Lynch has announced gives Harrisburg residents a second chance to rebuild our city and provide a brighter future for our children,” Papenfuse said. “It is a positive step and shows that Harrisburg will once again be a great capital. We thank city leaders who decided to work through Harrisburg’s problems and not cave in to bankruptcy and defeat.”
Candidate Dan Miller (R) sent a letter to City Council. In it he wrote, “I applaud Harrisburg City Council’s decision to seek help from competent financial advisors to help review the receiver’s plan. The decisions this Council is being asked to make will affect the City for decades to come. So, it’s critical that there is an full understanding of the short and long term impact of the plan and all the fine points it entails. There is no need to rush to judgment! A careful and deliberative process is required and I am both hopeful and confident that Council will pursue one.”
Council members begin deliberating the components of the plan Tuesday night. Fox43 will have continuing coverage at 10 p.m.