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Commissioners back $3.05 million Next Generation Farm Loan for Oberholtzer farm
Summary
Lancaster County commissioners unanimously approved Resolution No. 12 supporting a $3,050,000 Next Generation Farm Loan application for Justin L. and Angela F. Oberholtzer, with $682,000 financed by the Industrial Development Authority for a Brubaker Road farm in Lititz, Ephrata Township.
The Board on Feb. 25 approved Resolution No. 12, endorsing a $3,050,000 Next Generation Farm Loan application for Justin L. and Angela F. Oberholtzer. Commissioner Alice Yoder moved the motion and Commissioner Joshua G. Parsons seconded it; the motion passed unanimously.
The Industrial Development Authority is listed as providing $682,000 of the financing for the property at 52 Brubaker Road in Lititz, Ephrata Township. The text of the resolution states the application meets public-purpose and financial-responsibility requirements under state law and reiterates that the county will not pledge its credit for any obligations issued by the Authority.
