State hits optics financing snag in Iowa network
The Iowa statewide fiber optics project faces financing snags as insurers avoid backing certificates of participation due to political concerns. Project costs have reached about 23 million dollars with potential annual interest costs of roughly 1 million on 91 million dollars. State officials cite possible rating impacts and broader borrowings for school aid and fiscal 1993, while exploring private placement or project segmentation.
MENTIONED IN THIS ARTICLE
Rod Boshart
Des Moines
Terry Branstad
Gretchen Tegeler
State Department of Management
Michael Fitzgerald
Fitzgerald
Tegeler
Richard Johnson
Branstad faces toughest budget choices amid wage and GAAP issues
Governor Branstad calls the 1992 budget the most challenging due to unresolved employee salary questions and GAAP accounting requirements. The budget director notes tax collections are growing, but a shortfall of 12 to 46 million may force cuts, with a potential $170 million liability risk if a pay raise lawsuit is lost. State revenues rise 6.6 percent first half, with a 245.7 million month and year-to-date near 1.476 billion.
MENTIONED IN THIS ARTICLE
Rod Boshart
Des Moines
Terry Branstad
Gretchen Tegeler
State Department of Management
Branstad
Polk County
KKK Ad Triggers Recruiting Concerns In Wisconsin
Classified ads offering KKK information appeared in two southern Wisconsin papers prompting worry over recruitment. Janesville Gazette executives say the ad was likely placed in error while Beloit officials urge withholding public patronage to oppose distribution of such material. Local officials warn of possible harm from Klan activity and cross burnings reported in Dubuque nearby.
MENTIONED IN THIS ARTICLE
Janesville, Wis
Wisconsin
David Johnson
Janesville Gazette
Carl Hearing
Johnson
Janesville
Wisconsin Knights
Beloit Daily News
South Beloit
Beloit
David Wilcox
James Yarbrough
Equal Opportunities
William Behling
the Gazette
KKK
National
Carter Obasanjo named to World Food Prize council of advisers
Former President Jimmy Carter and former Nigerian head of state Olusegun Obasanjo were named to the World Food Prize council of advisers. Prize chairman John Ryan praised their humanitarian work as the prize, founded in 1986, remains the largest honor for achievements in food and agriculture.
MENTIONED IN THIS ARTICLE
Carter
World Food Council
Des Moines
Jimmy Carter
Olusegun Obasanjo
World Food Prize Council of Advisers
John Ryan
Food Prize
Brown pushes secret ballot in Iowa caucuses
Democratic presidential hopeful Jerry Brown calls for a secret ballot in the February 10 caucuses to ensure fairness amid Sen. Tom Harkin’s candidacy. He seeks disclosure of caucus preferences and criticizes current counting procedures while outlining a campaign to reform fundraising limits. Brown plans stops in Cedar Rapids Davenport Dubuque and other Iowa cities.
MENTIONED IN THIS ARTICLE
Jerry Brown
Iowa Statehouse
Des Moines
Iowa
Brown
Tom Harkin
Chicago
Statehouse
Iowa Democratic Party
Harkin
Sen
Joseph Shannahan
California
New Hampshire
Menominee Tribe eyes purchase of Prairie Meadows racetrack
The Menominee Tribe of Wisconsin said it is interested in buying the Prairie Meadows Racing Facility in Altoona Des Moines area and is awaiting community support and potential Iowa legislation on casino gaming. Prairie Meadows filed for Chapter 11 bankruptcy November 27 over its 40 million debt and bondholder renegotiations.
MENTIONED IN THIS ARTICLE
Wisconsin
Altoona
Prairie Meadows
Menominee Tribe of Indians of
Des Moines
Glen Miller
Ers
Polk County
Miller
Tribe
Iowa
Also Mentioned on This Page
Kiewet Technologies
Tootie Fruitists
U.S.A
Ities
Ku Klux Klan
Illinois
Kal Kan Foods Inc
USA
Auth
John Kirsch
O'S