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Rushford Council considers flood loan for business start-up


Fri, Dec 28th, 2007
Posted in Government

RUSHFORD - The process for distributing state flood recovery loans to Rushford businesses, a bumpy ride initially, is becoming more smooth: a flood-damaged business fills out a mountain of paperwork which then goes to the EDA and a special loan committee for approval. After approval at that level, the loan is presented to the city council for final approval before the loan is "closed" at the office of city attorney, Terry Chiglo.

The council did its part in approving sixteen more loans at its regular meeting, rescheduled for December 27 because of the holiday, with nary a bump. Before approving, the council asked consultant Chuck Pettitpiece for assurance that the "bucket of money" wasn't going to run out. For his part, Pettitpiece is reluctant to make promises.

"After 26 projects (loans granted), we look like we're in pretty good shape," he said.

When pushed further, Pettitpiece would only say, "We should have enough...but until we see them all, it's hard to say."

Approximately 30-40 more loan applications are still expected. At this meeting, the council gave the final stamp on loans to the following: Rushford Foods, Rushford Foods, Inc. dba Mill Street Mall, State Farm Insurance, LA's Hair, Evavold and Rutgers Law Office, Chiglo Law Office, Chiglo Properties, Mill Street Fitness, Junction (Darr) Plaza, D & D Car Wash, Rutgers Real Estate, E & L Properties (Evavold), McGeorge's Building, Dennis Overland Insurance Agency, Norsland Lefse, Valley Veterinary, and Becker Mini Storage.

Then came the wrinkle-in the form of a loan application from a business called Rushford Hypersonic with which council members seemed unfamiliar.

There were a number of furrowed brows as both city administrator Windy Block and mayor Les Ladewig explained that Rushford Hypersonic was not yet a business at the time of the flood.

Dan Fox spoke for Rushford Hypersonic, asserting that it fit with the Category 2 loans available to businesses only indirectly affected by the flood. Both Fox and Block reminded the group that Category 2 loans are for the purpose of boosting the economy and bringing jobs to the area.

Deering questioned the idea of using money intended for existing businesses directly affected by the flood to help a 'start-up' business, at which point Kevin Klungdvedt spoke from the audience, explaining that Rushford Hypersonic was connected to RINTek, (Rushford Institute of Nanotechnology) which has been part .....
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Lanesboro City Council Report: SELCO funding reduction explained to council

Fri, Dec 21st, 2007
Posted in Government

LANESBORO - At the request of the Lanesboro City Council, Ann Hutton from SELCO (Southeastern Libraries Cooperating) attended the regular meeting on December 17 to explain the reason that the Lanesboro Public Library is receiving $4,000 less this ye ..... 
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Preston City Council Report: Preston union accepts COLA increase

Fri, Dec 21st, 2007
Posted in Government

PRESTON - The Preston City Council met December 17 with only an operating quorum. David Harrison and Robert Sauer were absent. The Preston Public Employees Association (PPEA) had voted not to contest the council's offer of a 3% Cost of Living Adjust ..... 
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County board debates snow removal policy

Fri, Dec 21st, 2007
Posted in Government

PRESTON - Commissioners hashed over ways to improve snow and ice removal with Highway Engineer John Grindeland and Maintenance Superintendent David Nelson at the December 18 meeting. Complaints from the public about the recent ice and snow events ha ..... 
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After tie vote, Mayor appoints new city council member

Fri, Dec 14th, 2007
Posted in Government

HARMONY - Since the resignation of Mark McKay from the Harmony City Council at the November meeting, the city has been advertising for someone to finish out the last year of his term. Before the regular City Council meeting December 12, the council ..... 
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County board deals with zoning issues

Fri, Dec 14th, 2007
Posted in Government

PRESTON - Fillmore County commissioners approved the appointment of Cindy Blagsvedt to be County Assessor as of January 1 to serve out the term of retiring Robert Pickett. Blagsvedt is currently a property appraiser in the assessor's office. She has ..... 
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Rushford City Council Report: Library and city hall will move to new location

Fri, Dec 14th, 2007
Posted in Government

RUSHFORD - When the Rushford Public Library eventually moves to a new location, the city hall will move with it, the city council voted unanimously at the regular council meeting on December 10.

City Hall and the library are currently togeth ..... 
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Spring Valley City Council Report: Final levy certified

Fri, Dec 14th, 2007
Posted in Government

SPRING VALLEY - Spring Valley City Council concluded their business in about fifteen minutes at their December 10 meeting. City Administrator Deb Zimmer stated that $30,000 was cut from the preliminary levy approved in September making $876,170 the ..... 
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Preston goes with known quantity over local accounting firm

Fri, Dec 7th, 2007
Posted in Government

PRESTON - Preston City Council members approved the hiring of Smith Schafer & Associates, Rochester, to prepare this year's audit at the December 4 council meeting. Lloyd Johnson, Spring Valley, whose firm has been preparing the city's audits for se ..... 
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