User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


30° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Council Making Decisions On Events Center

November 14, 2011, 6:51 PM by Kelly Bartnick

Council Making Decisions On Events Center
SIOUX FALLS, SD - Voters approved the project just a week ago, and Monday afternoon, the Sioux Falls city council heard more details on how the city will borrow the money to pay for an events center.

Monday evening, council members will hear the first reading of an ordinance that would authorize the issuing of bonds that will be used to pay for the new facility. The ordinance will allow the city to shop around for and get the best interest rates possible. The interest rates will vary between no more than 4.5 percent for exempt bond sales and 6.5 percent for the sale of any taxable bonds.

The city can not sell bonds until the ordinance is approved. Bond attorneys say they will not sell bonds until January, but the money will be in the bank at the end of January.

Also Monday evening, the council will look at two resolutions the facility. One would move $50,000 to the events center to be used for soil sampling and pay for some administrative costs. And council members may also put the events center into the 2011 CIP.

Previous Story

Next Story


Comments





RELATED STORIES


 
Find Local Businesses on KELO Pages!

You may also like

14-Year-Old Dead After Being Run Over By Truck

10/25/2014 2:05 PM

A 14-year-old girl is dead after being run over in a parking lot just after 12:30 in Hartford.

Full Story
Authorities Find Body Of Missing Brookings Man

10/29/2014 8:17 PM

The search for a missing SDSU student has ended.

Full Story
Police Empty Grain Bin In Search For Missing Brookings Man

10/28/2014 6:02 PM

Jacob Heisinger hasn't been seen since early Thursday morning. Police sent out a plea asking the public for any information on his disappearance.

Full Story | Watch
Low-Risk Traveler Being Monitored For Ebola In SD

10/27/2014 5:59 PM

South Dakota hospitals and clinics were notified last week of a person who is being monitored by the state Department of Health for signs of Ebola.

Full Story
Brookings Police Looking For Missing Man

10/27/2014 8:14 PM

The Brookings Police Department needs your help finding 26-year-old Jacob Heisinger. Heisinger was last seen around 1:40 am in the downtown Brookings ...

Full Story


Events