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Rushford council okays $1 million in loans to non-flood businesses


Fri, Feb 29th, 2008
Posted in Government

RUSHFORD - Oh, the headlines. Nobody signed up to be front-page-news when the Feds-and-the-State tipped a dump truck full of disaster recovery funds on Rushford. Like-it-or-not, that money belongs to the taxpayers, the People. And exactly how the People's Money is being used is the People's Business. So ask yourself, is the People's Money helping the community-in-need?

Up Start The Start Ups

Somewhere past halfway in another 3-hour council meeting on Monday, February 25, after an exhaustive discussion about flood-recovery issues, policy clarification and outstanding liability, members voted 4-to-1 to approve disaster recovery loans, $500,000-each, to Hypersonic-LLC and Connaughty Industries. Voting For: Les Ladewig, Nancy Benson, Larry Johnson and Robert Dahl; Against: Laura Deering.

The approved 1.5-percent-interest loans must be repaid in-full to the City. What this means is that interest and principal payments will be deposited into a local EDA account for future development uses. The revolving fund will continue to be topped-off in years-to-come as businesses repay the 10-percent share of forgivable loans. Rough estimates put the future value of the development fund from repayment of C-1, C-1A and C-2 loans at well in excess of $2-million. [C-1 refers to direct flood damage. C-1A, indirect flood damage or expansion of flood-damaged businesses. And C-2, businesses not damaged by the flood.]

At numerous earlier meetings, the council balked when asked to approve a flood recovery loan to Hypersonic, in part because Hypersonic did not exist until 2-months after the flood.

Members in favor of the loan generally echoed City administrator Windy Block's mantra of jobs and growth. Other members, those not necessarily opposed to the loan, but asking for more time to consider the application, wanted answers to questions like the ones City attorney Terry Chiglo put into writing: business plan particulars and clarification of loan policy related to new enterprises.

Interestingly enough, Chiglo did not attend last Monday's meeting. According to Block, the City attorney recused himself because of an unspecified client-conflict. City prosecutor, Scott Springer, took Chiglo's place.

Whether by design or by accident, the vote on Connaughty's loan application appeared ahead of Hypersonic on the agenda, though Hypersonic was first in line to receive a C-2 loan. The consequences speak for themselves. In previous meeti .....
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Fillmore County joins Southeast Region Joint Power Agreement for communications

Fri, Feb 29th, 2008
Posted in Government

PRESTON - Goodhue County Deputy Sheriff Scott McNurlin and consultant Tom Hannon brought the Fillmore County Board up to speed on the formation of the Southeast Minnesota Regional Radio Board at the February 26 county board meeting. At this time ele ..... 
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Spring Valley City Council Report: Street project specs approved

Fri, Feb 29th, 2008
Posted in Government

The Spring Valley City Council met in regular session and passed a resolution Accepting Plans & Specifications and authorized bids on the Hudson Street project scheduled for this year. The estimates came out lower than originally calculated, accordi ..... 
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Preston to spruce up council chambers

Fri, Feb 22nd, 2008
Posted in Government

City Administrator Joe Hoffman received the go ahead from the Preston City Council at their February 19 meeting to do some research on costs and ideas for remodeling the city council chambers. Councilman David Harrison was absent.

Hoffman e ..... 
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Lanesboro adopts Assessment Policy

Fri, Feb 22nd, 2008
Posted in Government

LANESBORO - The Lanesboro City Council adopted the revised Assessment Policy following a public hearing at its Tuesday, February 19 meeting. The meeting was a joint meeting of the council and the Lanesboro Public Utility Commission. Vince Jeannette ..... 
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Hypersonic still on hold

Fri, Feb 22nd, 2008
Posted in Government

RUSHFORD - It was ironic really, walking over to last Wednesday evening's February 20 special session of the Rushford City council under a clear sky, temperatures below 10-below, the snow pack blue as the Earth from space, a shadow drifted across th ..... 
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Progress made on sewer systems

Fri, Feb 15th, 2008
Posted in Government

PRESTON - Zoning Administrator Norman Craig and Donna Rasmussen, Soil and Water Conservation District, updated the board on the progress of the program at the board's February 12 meeting. Craig explained that since 2004 there have been 4,205 individ ..... 
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Rushford City Council Report: Play ball

Fri, Feb 15th, 2008
Posted in Government

This much is clear, the great August flood and six-months of unprecedented public demand for decisions-to-be-made and actions-to-be-taken has tested the capacity of Rushford's small governing council, volunteer-staffed boards and commissions, as wel ..... 
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Spring Valley City Council Report: Schedule set for Hudson Street improvements

Fri, Feb 15th, 2008
Posted in Government

A very well attended informational meeting for citizens about the Hudson Street Improvement Plans preceded the regular Spring Valley City Council meeting on February 11. Bryan Holtz with Yaggy Colby and Associates answered questions and individual c ..... 
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