by AnnGardner Eubank
KILMARNOCK—After over 10 years of operations, Partners for Lancaster County Schools Foundation is turning ownership of Mercer Place apartments over to Bay Aging.
The Kilmarnock Town Council on Monday, December 20, heard a presentation from Foundation founding member Bill Warren and Bay Aging senior vice president of housing Josh Gemerek.
According to Warren, both parties are aiming to make the transition of ownership in early February 2022.
Mercer Place, a 16-unit complex on 5.8 acres off East Church Street in Kilmarnock, was created to house teachers, nurses, law enforcement, and healthcare workers, Warren said.
Gemerek assured council that while Bay Aging will be taking over ownership, the complex will still serve its purpose of housing working residents in the education, heath and law enforcement fields.
Gemerek also said Bay Aging will take over the loan payments and mortgage for the property which comes with several stipulations and conditions that will ensure the preservation of the original intended purpose of the property to….[to-view-more]