lbradstream@timesrepublican.com
The Marshall County Board of Supervisors approved and authorized $4.6 million of general obligation capital loan notes at the regular Tuesday meeting.
The money will be used for the $3.6 million emergency communications upgrade project and for Marshall County Courthouse repairs.
There was not a lot of discussion in the 30-minute meeting. Supervisor Dave Thompson said there was one thing he wanted to point in the multiple-page deal with Northland Securities.
“After a particular period of time, we do have the ability to prepay and redeem these notes,” he said.
Supervisor Steve Salasek said he was under the impression they had discussed a 0.95 percent interest rate and pointed out there was a 1 percent rate in the deal. Auditor Nan Benson said 0.95 is the overall, but wondered if the additional 0.05 percent are fees from Northland Securities.
Coronavirus Disease Weekly News 17January 2021
The news posted last week for the coronavirus 2019-nCoV (aka SARS-CoV-2), which produces COVID-19 disease, has been surveyed and some important articles are summarized here. The articles are more or less organized with general virus news and anecdotes first, then stories from around the US, followed by an increased number of items from other countries around the globe. There are still some concerns over lingering affects from holiday data irregularities. Economic news related to COVID-19 is found here.
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