The Blanden Memorial Art Museum is continuing its schedule of exhibitions for 2021. The new year has an incredible display of imagery from the Permanent Collect
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When Fort Dodge city officials went to the bond market on Monday to borrow the money to pay for some upcoming projects, they received some remarkable interest rates.
A bond issue that will total up to $9.3 million has an interest rate of less than 1 percent.
Another bond issue totaling up to $8.5 million has an interest rate of 1.88 percent.
The council approved both bond issues unanimously Monday evening.
The debt will be paid off with a combination of property tax revenue and money from tax increment financing.
The $9.3 million will be borrowed from a group of financial firms led by Robert W. Baird & Co. Inc., of Milwaukee, Wisconsin.
bshea@messengernews.net
More proposed budgets plus some sign regulations are on tonight’s agenda for the Fort Dodge City Council.
The council’s work will begin at 5 p.m. with a budget workshop. During that session, the officials will review the proposed spending plans for the Karl L. King Municipal Band, the Fort Dodge Convention and Visitors Bureau, the library and the Blanden Memorial Art Museum.
The next government fiscal year begins July 1, but the state requires cities to approve their budgets in mid-March.
The council’s regular business meeting will begin at 6 p.m.
Updating the rules for signs in the new Corridor Plaza development so that they match those of the surrounding commercial area is the major item on the agenda. The council is expected to act on the second reading of an ordinance that would accomplish that goal.