City Council Hears City’s Financial Report
(Le Mars) — Le Mars City Council heard a financial report regarding the city’s financial position from Chad Regnier with Williams and Company. Regnier offered the report during Tuesday’s city council meeting. The auditing official says the city has a “healthy fund balance” and that the city did not go over budget in any category. Regnier says the city has enough funds in reserve to operate at least 187 days before needing to collect additional revenues from taxes and fees. The city council also approved the levy rate of $11.90 for the upcoming fiscal year budget of $23,763,159. Expenses for the next fiscal year which will begin on July 1st is estimated at $23,692,677 giving the city a financial cushion of $70,482 between expected revenue and expenses. A date of March 15th has been set for the public hearing regarding the city’s proposed budget for fiscal year 2022-2023. The city council also approved the grant application through the Land and Water Conservation fund with the Iowa Department of Natural Resources, which, if awarded, the city will collect $125,000 that will be used to help fund the Plywood Recreational Trail. Leslie Bartholomew appeared before the city council on behalf of the Plywood Trail Association requesting the city to approve the grant application.
Councilman Mike Donlin asked if there is a final date that has been established with the completion of the recreational trail between Le Mars and Merrill? Bartholomew informed the city council that due to some recent accidents involving semi trucks and trailers at Merrill and the damage caused, Godberson-Smith Construction Company, the contractor responsible for installing the Plywood Trail bridge on the north end of Merrill will be delayed with some of their construction.
The city council also discussed the Central Avenue overlay project. They decided that although submitted bids for the project were considerably higher than what was originally estimated, the council decided to proceed with Steve Harris Construction company bid of $1,272,331. The estimate for the overlay project was calculated at $913,756. The city had received four different bids for the Central Avenue overlay project ranging from $1.2 million to $1.9 million dollars.
City Council Approves Primebank Easter Egg Hunt
(Le Mars) — The Le Mars City Council gave their approval for the Primebank Annual Easter Egg hunt which will take place at Cleveland Park on Saturday, April 9th. The event is scheduled to begin at 11:00 a.m.
Dordt University To Start $90 Million Dollar Capital Campaign
(Sioux Center) — Dordt University of Sioux Center has announced a $90 million dollar capital campaign. Referring to the capital campaign as “Planting for the Future” officials hope to secure the funds by the end of 2023. John Baas (Boss) serves as the Vice President of Advancement with Dordt University. He calls the capital campaign as a “comprehensive campaign” and says the capital campaign will focus on three specific areas of development.
Baas offers an explanation of the Innovative Programs category.
Baas talks about the financial goals concerning the “Living In Christian Community” category.
The Dordt University Vice President says the third category involves the construction of a new indoor athletic facility that will be shared with the city of Sioux Center and Sioux Center High School.
Baas says through discussions with the university’s lead donors, the college has already been able to raise, or have pledged, nearly $70 milllon of the $90 million dollar capital campaign.
Baas says some construction has already started from the capital campaign.
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