Tuesday News, October 9
Goodchild To Deliver Quarterly Report To Supervisors
(Le Mars) -- The Plymouth County Board of Supervisors are scheduled to meet this morning. County Recorder, Jolynn Goodchild will offer the supervisors a quarterly report for their review and approval. The supervisors will also examine different utility companies requesting access to land parcels.
School Board Receives Audit Report
(Le Mars) -- In last night's Le Mars Community School Board meeting, Jeff Peters submitted the audit report for the Le Mars Community School District from Williams and Company. Peters reported the audit did not disclose any non-compliance which is material to the financial statements. No significant deficiencies in internal control over major programs were disclosed, and the audit disclosed an audit finding which is required to be reported in accordance with the Office of Management and budget Circular A-133, Section.510 (a). All in all, the school's financial position is in better shape today than a number of years back. Officials report there is enough money in reserve to sustain the school's expenditures for a period of 59 days if an event should occur preventing the school to receive additional revenue.
Le Mars Community Has More Students Leaving For Open Enrollment
(Le Mars) -- In other action during last evening's school board meeting, assistant superintendent Steve Webner reported the certified school enrollment with total residential public students attending is listed at 1999, which is 15 more than last year. As for open enrollment, Le Mars Community has 28 students coming in from other school districts, and 81 students that have chose open enrollment to pursue an education at other school districts. The board also approved classification changes for 15 faculty members, and they approved the listed expectations of the superintendent's position.
Chamber To Offer $100,000 In Holiday Dollars
(Le Mars) -- The Le Mars Chamber of Commerce will be selling $100,000 worth of holiday dollars at a fifteen percent discount. The promotion is to help stimulate shopping in the ice cream capital of the world. The Chamber will sell three different categories of 2012 Holiday dollars. Each category will have just over $33,335 dollars to sell. Mary Reynolds of the Chamber office explains the holiday promotion.
Holiday dollars will be sold on Saturday, November 3rd beginning at 9:00 a.m.at the Le Mars Convention Center, upper level. Reynolds says this year, people will have the opportunity to purchase more holiday dollars than in previous years. People are able to purchase up to $1,500 worth of holiday dollars with $500 in each category.
All six financial institutions in Le Mars contributed $1000 each to help with the promotion. Chamber members also had to contribute a participating fee. Reynolds advises people to get to the convention center early, as she anticipates the holiday dollars will be purchased fairly quickly. The holiday dollars can be used only for Le Mars businesses.
Sioux City Council Forbids Feeding Deer and Turkeys
SIOUX CITY, Iowa (AP) - Council members in Sioux City have taken their final vote to bar people from feeding deer and wild turkeys inside the city. The City Council voted 4-1 for the proposed ordinance on Monday. The measure takes effect on Saturday.
Assistant City Attorney Connie Anstey says the measure is meant to reduce traffic accidents and damage to plants caused by the wild animals.
People who feed turkey and deer will be subject to a fine of $100. The ordinance would not penalize people who have gardens or trees that produce fruits, nuts or vegetables such as apples,
carrots and acorns.
Councilwoman Rhonda Capron says Sioux City "is not a farm."
King and Vilsack Prepare For Fifth Debate In Sioux City
(Le Mars) -- Republican Congressman Steve King and Democratic challenger Christie Vilsack are scheduled to appear together this evening from Morningside College in Sioux City for a 5th round of debates. KLEM news spoke to King yesterday. King says he doesn't plan on altering his strategy. He says he will continue to address the issues.
King says he has been attacked by Vilsack and many Political Action Committees, on what he claims have been a distortion of his record. King says he is confident the voters of the new 4th District will see through the attacks.
President Clinton To Campaign For Vilsack
(Ames) -- President Bill Clinton will headline the Value of Common Sense rally in support of Christie Vilsack this Friday in Sioux City. Vilsack says "it is a privilege to have President Clinton's support in this election." Vilsack says the former president knows that creating a strong economy begins with rebuilding the middle class in this country. Doors to the rally will open at 5:00 p.m. on Friday, October 12th in Sioux City. The rally is free and open to the public, but those interested in attending should RSVP or call Christie Vilsack campaign office at (515) 233-5858.
Principal Financial Group To Purchase Chilean Pension Company
DES MOINES, Iowa (AP) - Des Moines-based Principal Financial Group has announced plans to buy a Chilean pension company for $1.51 billion.
The Des Moines Register says Principal reported the deal on Monday for AFP Cuprum S.A. The purchase is expected to close in the first quarter of 2013.
Principal Chairman Larry Zimpleman told the newspaper that, "If you just sit on your cash you're not getting any return. I'm a little surprised that we're not seeing more deals out there."
The company has spent $2 billion on five acquisitions and one long-term joint venture, counting Cuprum, since 2010.
Cuprum has $32.1 billion of assets under management and 1,100 employees. Principal had $367 billion of assets under management at the end of June. It employs more than 6,000 workers in the Des Moines area.
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