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.


78° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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!

 

IA Governor Seeks $700 Million For State Projects

January 13, 2009, 1:13 PM

Iowa Governor Chet Culver wants the Legislature to use the state's bonding authority to pay for flood recovery and repair the state's aging infrastructure, including roads and bridges, trails and rails and public buildings.

Culver, in his annual speech, asked lawmakers to borrow $700 million. The tax-exempt bonds would be repaid over 20 years with spending from the fund governed by a new Rebuild Iowa Infrastructure Board. Iowa would repay the bonds by using $56 million a year in gambling profits.

Culver also asked lawmakers to spend $43 million immediately on flood relief. That money would come from the state's cash reserves.  

Culver says his plan would deal with the natural disasters of last summer and the growing economic recession. He says it's time for Iowa to begin "investing in itself, investment that's been delayed for decades."

Previous Story

Next Story




Sponsored

 


You may also like

City Officials React To 'Monster' Storm

8/28/2015 11:01 AM

Public Works Director Mark Cotter said the city's infrastructure performed well on Thursday against the rain.

Full Story | Watch
Authorities Searching For Attempted Abduction Suspect

8/31/2015 5:34 AM

Deuel County Emergency Management said the girl was able to escape when a man attempted to take her.

Full Story
Incident In Yankton Under Investigation

9/2/2015 4:10 AM

The parking lot of Ferdig's Transmissions & Exhaust appears to be a focus of the investigation.  A mobile command post is set up at the s...

Full Story
Domestic Disturbance Led To Officer-Involved Shooting

9/2/2015 9:58 AM

The South Dakota Attorney General's office said Yankton Police Sgt. Jason Foote shot Trae Allen Angel in a downtown alley.

Full Story
2 Praying Mantises Found In Aberdeen

8/31/2015 6:57 AM

Alyssa Anderson, an assistant professor of biology at Northern State University, says mantises are not native to this area, and how they got to Aberde...

Full Story


Events