Jersey Shore Borough Council approved a request by West Pharmaceutical Services to apply for tax forgiveness during its recent monthly meeting.
LERTA, or Local Economic Revitalization Tax Assistance, provides tax abatements over seven years to companies looking to expand their operations as a means of incentivizing redevelopment of aging or deteriorating properties.
Under the LERTA agreement, West would be forgiven full tax payments during the first two years of the agreement and abatements over the next five years.
Williamsport/Lycoming Chamber of Commerce President Jason Fink said West is looking to expand its Jersey Shore operations with the plan to bring 125 additional jobs.
“This is really good for the community,” Jersey Shore Borough Manager Cody Hoover said.
Fink noted that West has already accumulated property in the area around the 300 block of Oliver Street including the Wheeland…
