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Council rescinds UDAG obligation for Hotel Sterling redevelopment, returns $3 million to fund
Summary
Council voted unanimously to rescind a prior resolution that had allocated UDAG funds to H & N Investments LLC for Hotel Sterling redevelopment, returning roughly $3 million to the county UDAG account; staff noted state clarification on previously spent funds remained outstanding.
Luzerne County Council unanimously approved a resolution rescinding a prior allocation of UDAG funds to H & N Investments LLC related to the redevelopment of the former Hotel Sterling site, returning roughly $3,000,000 to the UDAG fund.
Council members asked whether de‑obligating the funds affected any previously incurred obligations; staff said the de‑obligation returns funds to the UDAG account but does not retroactively alter guidance about previously spent funds tied to the original award. County officials said state authorities had not yet clarified whether previously expended amounts are considered released for other purposes.
The motion passed unanimously on roll call. Council and staff noted the action restored county control of the UDAG funds for future allocation decisions.
