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Ambridge board hears developer's redevelopment plan, approves finance items after split votes
Summary
A developer outlined plans to convert a repository building into about 22 apartments and asked the Ambridge Area School District for tax exoneration; the board approved a package of finance and consent items, with at least one contested vote noted (Item 5 passed 4'2).
The Ambridge Area School District board on Feb. 18 heard from a resident who said he had purchased a repository property and sought tax-exoneration for prior years as part of a redevelopment plan, and then approved a package of finance and personnel items after public comment and board discussion.
Richard Ferrera introduced himself during the public-comment period and outlined a renovation plan for a property he said he bought from repository status. "My name is Richard Ferrera. And I'm here because we're buying for a property for repository sale for the tax assessment," he said, and described an anticipated process in which the deed transfer would take "between 6 months and a year," followed by permitting, inspections and final certifications. Ferrera estimated renovation costs of about…
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