"Where Olmsted County News Comes First"
Online Edition
Sunday, May 19th, 2013
Volume ∞ Issue ∞
- 5:36:49, May 15th 2013 - Frank Hawthorne - Though I hated to see you reference Glenn Beck by name [Three Times ... [Read More]
- 11:42:07, May 10th 2013 - yenken - I feel very sorry for those who have commented do far, as when you stand fa ... [Read More]
- 12:10:25, Apr 26th 2013 - Frank Hawthorne - Mr. "Cabtrom's" garbage-out[burst]--in response to Ms. Reisner's w ... [Read More]
- 9:51:50, Apr 24th 2013 - jeff pischke - To Jerry Grehl, the number to the fillmore county sheriffs office is 7 ... [Read More]
- 9:27:24, Apr 22nd 2013 - Cabtrom - Blah blah blah, garbage in garbage out! ... [Read More]
- 7:00:49, Apr 11th 2013 - Donald Pierce - Col. Stan Gudmundson hit most of the important nails squarly on the h ... [Read More]
- 12:44:54, Apr 4th 2013 - Frank Hawthorne - My compliments to Ms. Hammer for giving us well-crafted "Rachel Rea ... [Read More]
- 5:09:06, Apr 3rd 2013 - truthiness - I see this is dated April 1. That explains it! ... [Read More]
- 12:04:33, Apr 3rd 2013 - Frank W. Hawthorne - Say WHAT?!? Stan's American-Pie [In SKY] is Falling--Not Again? ... [Read More]
- 12:40:21, Mar 29th 2013 - Jacob - It's a shame that so few people care about making their voices heard. If we ... [Read More]
28
Should the Vikings be able to use the University of Minnesota’s TCF Bank Stadium?
Eyota will save $25,000 by refinancing bond
Mon, Oct 15th, 2012
Posted in Eyota Government
Posted in Eyota Government
Comments
Mike Dubony of David Drown Associates, Inc. presented the Eyota City Council with an opportunity to save money by refinancing a bond issued in 2006. The bond was issued for Madison Avenue Street improvements for $337,000 with 4.5 percent interest rate. The new interest rate will be about half the original rate and save the city $3,000 per year over the life of bond. Dubony is working with Eastwood bank on the new arrangement. Councilman Joe Loftus said, “We will be dealing with a local institution and cutting the rate almost in half.”
The council approved a request from City Clerk/Treasurer Marlis Knowlton to renew the employee health insurance policy with Blue Cross. “Blue Cross is the best value for the city and the employees,” Knowlton said. The policy is the Blue Cross Blue Value Plan with a $1,500 deductible. The new rate calls for a 4.2 percent overall increase. The trend according to Knowlton is for an 8.8 percent increase.
The council also approved two new street lights for Fifth Street and County Road 7. The lack of street lights in the area is a safety concern for people walking. The two new street lamps will be added at a cost of $21.98 per month.
The council approved a request from City Clerk/Treasurer Marlis Knowlton to renew the employee health insurance policy with Blue Cross. “Blue Cross is the best value for the city and the employees,” Knowlton said. The policy is the Blue Cross Blue Value Plan with a $1,500 deductible. The new rate calls for a 4.2 percent overall increase. The trend according to Knowlton is for an 8.8 percent increase.
The council also approved two new street lights for Fifth Street and County Road 7. The lack of street lights in the area is a safety concern for people walking. The two new street lamps will be added at a cost of $21.98 per month.
No Comments Yet. Be the first to comment!
