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City to Create Authority for CRIZ Funding

City officials say they're going to create an authority to better position the city to receive the designation next time.
April 17, 2014 - The City of Erie is trying rebound.

Local officials are taking strides toward putting our Flagship City on the map with redevelopment and improvements as they begin their latest fight to win the CRIZ bid.

The city lost out on the City Revitalization and Improvement Zone program to Lancaster and Bethlehem.

City officials say they're going to create an authority to better position the city to receive the designation next time.

The CRIZ designation would allow the city to see anywhere from $60 to $70 million in tax revenue for development.

The designation would affect property along the bayfront, including land owned by Scott Enterprises who wants to build HarborPlace, a multi-million dollar project with mixed retail and residential use.

State officials say Erie wasn't picked in the first round because the city chose to apply through the sewer authority.

Brenda Sandberg, the director of community and economic development, says they chose that authority because they were originally told it was a perfect fit.

Sandberg says now the city will create a specific authority to better position the city for the next round that's planned for 2016.

However, Sandberg says CRIZ designations may be awarded as early as 2015.

Members of the Mayor’s administration will meet and discuss the plans with city council on May 1st.

That's the beginning process followed by a public hearing before the authority is created.

It has to be made up of a minimum of five people and will be appointed by the Mayor.
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