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Spring Valley City Council passes project resolution


Fri, Nov 15th, 2013
Posted in Spring Valley Government

The Spring Valley City Council met last Wednesday evening and breezed through a short agenda.

The council approved a resolution for Phil and Cindy Sheldon. They are the new owners of the former True Value Hardware Store at 121, 131, and 141 North Broadway in Spring Valley. They have opened Sheldon Plumbing and Heating, Valley Appliance and they will use the third building for office rental units. Their first renter is Spring and Gumbel law office. Sheldon’s have applied to the EDA for the maximum loan amount of $10,000 per commercial building. The EDA Director has met with Bill Rohe of Security State Bank to review the applicant’s financial ability to repay the City of Spring Valley. Sheldon’s based on their ability to repay the City of Spring Valley. Sheldon’s provided documentation outlining their financial strengths and their business plan to renovate and operate the commercial buildings. Based on their ability to repay the City of Spring Valley it is recommended to the EDA Board that Sheldon’s receive three (3) revolving loans of $10,000 each to support their remodeling efforts as stated in their application. Sheldon’s are approved for small cities block grant funds for all three commercial properties.

The total project cost is $101,373 and the owner contribution to date is $71,000. The funds are GAP financing to support the 30 percent financing needed to obtain a small cities block grant.

There will be seven full time jobs, and one part time job will be retained. Terms for the entire project will be 14 percent . The monthly auto payments will be $124,000. The collateral consists of a second position lien on the Real Estate and a personal guarantee from the owners. The Real Estate is valued by Security State Bank at $216,000. The first lien position is held by Security State Bank.

In other business the City is attempting to make the pay for First Responders half of the amount currently paid to the EMT’s. The increase in the budget will be $4,500. City Administrator and Council man Todd Jones indicated that the increase might result in a more attractive incentive when replacing First Responders.
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Charles Irving “Chuck” Toft

Fri, Nov 15th, 2013
Posted in Spring Valley Obituaries

Charles Irvinf “Chuck” Toft, age 88, passed away at the Evergreens in Spring Valley, Minn., on Tuesday, November 12, 2013. Chuck was born January 31, 1925, in Albert Lea, Minn., the son of Irvin and Cora (Gunderson) Toft. He was raised in Ellen ..... 
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Charles Irving “Chuck” Toft

Wed, Nov 13th, 2013
Posted in Spring Valley Obituaries

Charles Irvinf “Chuck” Toft, age 88, passed away at the Evergreens in Spring Valley, Minn., on Tuesday, November 12, 2013. Chuck was born January 31, 1925, in Albert Lea, Minn., the son of Irvin and Cora (Gunderson) Toft. He was raised in Elle ..... 
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Spring Valley City Council notified of unsanitary properties

Fri, Nov 1st, 2013
Posted in Spring Valley Government

For several weeks the Spring Valley City Council has been discussing a proposed ordinance that would address dangerous living conditions in rental properties. Lately there has been an appearance by citizens who believe they either live in unsanitary ..... 
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Kingsland approves high academic rigor open campus program

Fri, Oct 25th, 2013
Posted in Spring Valley Education

The Kingsland School Board met on October 21, 2013 in the Kingsland Conference Room at 6:30 p.m. All school board members were present as well as Superintendent McDonald. Following the Pledge of Allegiance consent agenda items were approved. These ..... 
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Barb Leibfried

Tue, Oct 22nd, 2013
Posted in Spring Valley Obituaries

Barb Leibfried, age 76, of Racine, Minn. passed away Friday, October 18, 2013 at Seasons Hospice in Rochester, Minn. Barb was born May 31, 1937 to Byron and Edna (McClarey) Smith in Spring Valley, Minn. She graduated from Spring Valley High School ..... 
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Sewer Fund rates increasing in Spring Valley

Fri, Oct 18th, 2013
Posted in Spring Valley Government

The Spring Valley City Council met on Monday night October 14. A very positive step was taken to assist property owners in voting in favor of moving ahead on the EDA Revolving Loan Request. The council approved action that would move funds from the ..... 
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James Edward Costello Sr.

Thu, Oct 17th, 2013
Posted in Spring Valley Obituaries

Jim Costello, age 95, of Spring Valley, Minn. passed away peacefully Wednesday, October 16, 2013 spending his last few days with his family and the caring people at Good Shepherd Lutheran Home in Rushford, Minn. James Edward Costello Sr. was born ..... 
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LaVern A. Schmidt

Fri, Oct 11th, 2013
Posted in Spring Valley Obituaries

LaVern A. Schmidt, 88, of Spring Valley, Minn., died Friday, October 4, 2013 at St. Marys Hospital in Rochester, Minn. LaVern was born on August 19, 1925 on the family farm in Forestville Township, the daughter of Emil and Minnie (Lemke) Schulz. Sh ..... 
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