Old Shares – Donate or Buyback?

It is the hope of the SVDC that shareholders will give some consideration to donating their shares back to the lake community. The Board of Directors is offering a tax donation letter to those who generously invest in the community with their donation. If this is your plan, you may email the SVDC secretary Lynette Fleegle – lynettefleegle@gmail.com or call to request that the tax donation letter be sent to you at 814-442-4456. Let Lynette know how many shares you own, which she will verify, so that the letter can reflect the amount of your donation in dollars to satisfy the IRS requirements.  You may also send a request in writing to SVDC.

For those who would like to exercise the buyback option, the board will work on establishing a timeline and procedure to handle those requests at the next regular board meeting in June. The buyback request must be sent in writing and mailed to Stonycreek Valley Development Corp., P.O. Box 237, Shanksville, PA 15560