Farrell exits distressed municipality designation after 32 years

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Farrell exits distressed municipality designation after 32 years

After 32 years of being a financially distressed city under Act 47 in Pennsylvania, a Mercer County city finally celebrates a path to financial prosperity. In 1987 Farrell became the first city in Pennsylvania to get state financial help under the designation Act 47. Troubles began when Sharon Steel closed. As of Friday, they are the 15th municipality to exit the program successfully. Mayor Olive McKeithan said the designation hurt the city from getting new business. She h...

Source: Farrell exits distressed municipality designation after 32 years