Lycoming Mall management just avoids sale with almost $300K payment | Information, Sporting activities, Employment

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The west conclude of the Lycoming Shopping mall, in Muncy Township which made use of to dwelling Sears department store. KAREN VIBERT-KENNEDY/Solar-Gazette

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The administration of the Lycoming Shopping mall paid out near to $300,000 in previous-thanks h2o, sewer, late payment and lawful service fees this 7 days to steer clear of a sheriff sale that would have took place these days as the residence proprietor has a different payment owing in mid-June and regional officers wish viewing the finest use of the land and buildings for the region’s long term.

“Full payment from the shopping mall, including the recent April h2o bill and the sewer monthly bill for May possibly for their account is happy,” claimed Christine Weigle, Lycoming County Water and Sewer Authority govt director.

On Wednesday, the authority canceled the sheriff sale checklist and pleased the liens in opposition to the residence in Muncy Township, Weigle stated.

“Our objective was to acquire payment for their use of the county h2o and sewer techniques,” Weigle explained, including how the authority has been in touch with shopping mall administration for quite a few months.

The assets from a local standpoint holds substantial benefit, not so much for its greenback benefit but for its place and accessibility to interchanges, particularly Interstate 180, Weigle noted.

“We are hopeful shopping mall administration will think about other choices and repurpose it,” Weigle stated.

When consumers decide on not to make payments it is unfortunate but delinquencies can end result in extra fees these as penalties for late payment and lawful costs, Weigle explained.

“These really should not be borne by clients paying out those people payments,” Weigle mentioned.

The authority put Lycoming Mall on the February 2019 sheriff’s sale checklist due to unpaid expenditures and Kohan Retail Financial investment Group of Fantastic Neck, New York is owned by Michael Kohan built partial payment to stop the auction process. A lot of calls to Kohan went unreturned.

On the other hand, Kohan ought to make a decision to possibly promote the house or go on to make payments as the following billing cycle will be at the conclude of this thirty day period and an additional payment for water and sewer is owing June 20, according to Weigle’s data.

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