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White Oak Council Opens Meyer Spector Park Improvement Fund After $441,692.56 Bequest; Veterans Memorial Grant Sought
Summary
The council voted Sept. 15 to open a designated fund for a $441,692.56 bequest from the estate of Meyer Spector and authorized officials to open an interest‑bearing account. The borough also reported applying for county and state grants for a veterans memorial.
The Borough of White Oak Council voted Sept. 15 to open a designated account for a $441,692.56 bequest from the estate of Meyer Spector and to hold the funds in an interest‑bearing account at First Commonwealth Bank until the council decides how to allocate the money for parks and recreation projects.
Why it matters: The gift represents a significant, one‑time source of funding that the borough said will be used for parks and recreation improvements. Council authorized the council president and borough manager to execute documents to open the account and manage the fund.
Details of the gift and action During the finance report, Jason…
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