Laurel Crest Nursing Home Sold
7:20 a.m. EDT May 16, 2003
Cambria County, PA -- The County Commissioners on Thursday officially turned the Laurel Crest Manor home over to the Upper Yoder Township Authority.
Under terms of its agreement with the authority, the county gets $12 million in loans to pay off debt. The county will lease Laurel Crest from the authority while making payments on the loans. The commissioners are banking on the home to turn a profit to provide the cash to pay the bills. If it doesn't, the county taxpayers will pay more in taxes.
Copyright 2003 by WJACTV.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.











Environmental Worries Drive Car Shoppers
News Partners Across The Alleghenies
Tame Your Credit Card Interest Today
Sun Still Shines For '60s Singing Stars
Short Orders: Bang For Your Grocery Buck
Get Your Guide To Women’s Health
Costly Celebrity Divorces
New On DVD: 'You Don't Mess With The Zohan'
Comedians Lampoon 'That One' From Debate


