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Commissioners approve $1.148 million Next Generation Farm Loan for Stoltzfus family
Summary
The Board approved a Next Generation Farm Loan for Abner S. and Salome E. Stoltzfus: project total $1,148,000 with IDA financing of $682,000 for a Willow Street farm; the resolution passed unanimously and specifies the County assumes no liability for IDA debt.
The Lancaster County Board of Commissioners voted unanimously on May 27 to approve a Next Generation Farm Loan application for Abner S. and Salome E. Stoltzfus. The project total is $1,148,000 with Industrial Development Authority financing of $682,000 for a farm at 261 Byerland Church Road in Willow Street, Pequea Township.
The record states the Penn Township Lancaster County Industrial Development Authority held a public hearing and determined the application met the applicable public‑purpose and financial requirements under Pennsylvania law. The board’s approval includes standard language that the County’s credit and taxing power are not pledged for the Authority’s obligations.
