Hy-Vee financing debate swirls over TIF precedent
Three council members question the deal's financing precedent for a 26 120 square foot Hy-Vee store with a total cost of 3.59 million. Hy-Vee pays 2.68 million while the city contributes 915000 with 851080 in direct subsidy. The plan uses new store tax increments to repay the city over 20 years, yielding 397865 in 20 years, leaving 517135 to be made up from other TIF areas. Streets Commissioner Don Thomas may swing the vote, awaiting public hearing.
MENTIONED IN THIS ARTICLE
Luther
Don Thomas
the Gazette
Hy-Vee
Thomas
Unicycle rider from Iowa breaks 100 meter world mark
C. R. man Ferry, a 1985 Kennedy High School graduate, set a 100 meter world record on a unicycle after independent timing by three friends. He began riding at 14, trains rigorously since 1997, and plans a 100 mile Guinness challenge aiming for 6 hours 44 minutes. He rode 11 miles to work and endured many crashes while chasing speed. He hopes to push toward a 15 year speed machine and a longer trek in coming years.
MENTIONED IN THIS ARTICLE
River of Life Church
Ferry
Group files suit over Florida election reform section
A Florida voter rights group sued state officials on Wednesday arguing that a voter responsibilities list to be displayed at polling places mirrors literacy tests and could suppress minority voters. The suit targets requirements to study candidates, bring ID, and verify ballots, naming Katherine Harris and Harry Sawyer Jr. as defendants.
MENTIONED IN THIS ARTICLE
Miami
Florida
Secretary of State
Katherine Harris
Monroe County
Harry Sawyer Jr
Harkin urges farm bill changes to boost ethanol and soy diesel
Senator Harkin advocates cutting farm payments and directing 10 billion toward ethanol and soy diesel in a 10 year farm bill. He argues farmers should earn from markets rather than government payments, and cites bipartisan support and a Tipton ag hearing at the Moose Lodge.
MENTIONED IN THIS ARTICLE
Harkin
Richard Lugar
Indiana
Ag Committee
House
Senate
Moose Lodge
North Cedar St
Tipton
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