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FINANCIAL_SERVICESREJECTED

Sharpsburg Borough Council Meeting Agenda April 2026

Sharpsburg Declines PENNVEST Grant and Loan Package

$1,764,298 grant and $9,123,913 loanBorough of SharpsburgPENNVESTApril 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Sharpsburg Borough Council intends to decline a PENNVEST financing package that included a $1,764,298 grant and a $9,123,913 loan, citing restrictions that require accepting the loan with the grant. The decision rejects the proposed state funding arrangement for local projects.

Contract Details

Contract Amount

$1,764,298 grant and $9,123,913 loan

Vendor

PENNVEST

Agency

Borough of Sharpsburg, PA

Contract Type

FINANCIAL_SERVICES

Document Date

April 23, 2026

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