Act 47

Economic Development: The Ultimate Path Forward for Distressed Pennsylvania Communities

July 27, 2018 / Comments Off on Economic Development: The Ultimate Path Forward for Distressed Pennsylvania Communities

The Commonwealth of Pennsylvania’s Distressed Municipalities Program, commonly known as Act 47, has been in existence since 1987. The program, which is administered by the Department of Community and Economic Development, provides a set of tools for localities suffering from severe budget challenges that threaten the capacity to deliver essential public services. Among those tools […]

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Chester Residents Respond to ESI’s Recovery Plan

August 3, 2016 / Comments Off on Chester Residents Respond to ESI’s Recovery Plan

ESI, in partnership with Fairmont Capital Associates and McNees, Wallace & Nurick, is the Act 47 Recovery Coordinator for Chester, Pennsylvania, and the team recently submitted an Act 47 Recovery Plan to DCED and the city. On Tuesday, August 2, 2016, a public meeting was held in Chester City Hall to receive public comments on the […]

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Econsult Solutions Files Chester’s Recovery Plan

July 18, 2016 / Comments Off on Econsult Solutions Files Chester’s Recovery Plan

ESI, the coordinator appointed by the Commonwealth of Pennsylvania under the Municipalities Financial Recovery Act (Act 47 of 1987, as amended) for the City of Chester, Delaware County, Pennsylvania, has prepared an amended Recovery Plan regarding the coordination and relief of financial distress for the City of Chester, and is filing the Plan with appropriate officials […]

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