Board discusses continuing plaza, business investment
Apr 30, 2021
LEWISTOWN During the quarterly Board of Directors meeting of the Mifflin County Industrial Development Corporation on Tuesday, members heard of the continuing investment into the MCIDC Plaza and Business Center.
MCIDC President/CEO Nick Felice reviewed a progress report detailing 2021 capital investment expected to exceed $ 430,000 in items like roof replacement, paving, HVAC upgrades and floor rehabilitation. Of particular note was the approval of a $67,750 contract for asbestos abatement with Conservative Environmental Services, Inc.
“Abandoned Building 5C has this hazardous material present inside the structure. This material will be removed, positioning the structure to be razed at some point in the future,” Felice said.
Photo submitted by DOWNTOWN LEWISTOWN INC.
Rex Fink, Code Enforcement Officer for the Borough of Lewistown and Downtown Lewistown, Inc. Design Committee member presents check to Ryan and Lillah Cherry, owners of East End Coffee Company, on Friday as partial reimbursement for work done to improve their business.
LEWISTOWN East End Coffee Company in Lewistown recently completed rehabilitation of the 18 East Market St. storefront aided in part by a reimbursement grant from Downtown Lewistown Inc.
The brick exterior was cleaned and painted by local painter Jeremy Croissette with recovering of the existing awning frame with a canvas replacement provided by Mid State Awning of Bellefonte. As a stipulation of the grant and in agreement with the Borough of Lewistown, all exterior elevations must be code compliant upon completion. Downtown Lewistown Inc. provided a $2,719 matching reimbursement grant for the facade improvement effort.
President Felice gives corporation report
Dec 31, 2020
LEWISTOWN During its annual membership meeting, held Dec. 22, Mifflin County Industrial Development Corporation President and CEO Nick Felice gave a report outlining the State of the Corporation.
“During this very difficult year, MCIDC has been extremely blessed in that our revenues have remained steady,” he said. “This is a testament to the strength and management of those businesses that make up our tenant base. Their ability to continue operating while facing the economic downturn and restrictions caused by the Pandemic is truly extraordinary.
“MCIDC has seen a significant positive trend relating to the organization’s cash flow longevity. Simply stated, we have been able to secure more longer-term leases: seeing 15 lease renewals this year. This means we have the financial means and more flexibility to maintain buildings and operations, in a more effective manner.”