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.


65° 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

Jesus Take The Wheel

9/25/2014 10:00 PM

Miracle on the highway: that's how many people are describing a bad crash between a semi-truck and car in which no one was killed.

Full Story | Watch
Autistic Student Gets Royal Treatment

9/26/2014 4:55 PM

Friday night's homecoming at Brandon Valley High School is a crowning achievement for a senior who's living with autism.

Full Story | Watch
Iowa Teen Dies Two Days After Fight At School

9/28/2014 11:42 AM

Prosecutors may file additional charges because a western Iowa teen died two days after suffering a head injury during a fight at school.

Full Story
Verdict Reached In McCahren Case

9/23/2014 8:51 PM

Braiden McCahren walked out of the Tripp County Courthouse Tuesday night a convicted killer.

Full Story
Police: Missing Boy Shows Up At School

9/26/2014 6:39 AM

Sioux Falls police say a missing boy showed up for school Friday morning.  

Full Story


Events