The Ottumwa Courier

Southeast Iowa

November 6, 2012

Knoxville backs hospital debt

KNOXVILLE — At Monday's regular Knoxville City Council meeting, the council approved a resolution that authorized the issuance of up to $3.5 million in bonds for the Knoxville Hospital and Clinic. 

The action is using the City's status to achieve a better interest rate for the hospital, while not putting taxpayers further in debt. Cities are allowed to issue bonds such as this for amounts up to $10 million in each calendar year. Once bonds are issued, all of the business and transactions take place between the bank and the ultimate borrower, which in this case would be the hospital. 

The council also agreed to sell real interest in properties at 414 South Iowa, 901 West Main and 206 West Washington. The properties will be sold for $7,900, $12,000 and $429 from two separate buyers for the Washington property. Buyers will also pay costs of the transaction and "other good and valuable consideration." The buyers of the property in Washington intend to demolish the existing building and asked the council for six more months to have it torn down. This was granted.

"I'm glad this is over," Mayor Don Zoutte said.

1
Text Only
Southeast Iowa
  • Honey Creek Resort recognized for recycling MORAVIA — Honey Creek Resort State Park on Rathbun Lake has been selected as having the best government recycling program by the Iowa Recycling Association.“Iowa’s Greenest Resort” received the award July 17 during the Iowa Recycling Association annu

    July 24, 2014

  • Mammoth photo 2 Researchers find mammoth ankle

    OSKALOOSA — Researchers at the mammoth dig site in rural Mahaska County recently found an articulated mammoth ankle — a very interesting find.“It tells us something we never knew before,” said Dave Brenzel of the Indian Creek Nature Center. The mammo

    July 24, 2014 2 Photos

  • Van Buren says bye-bye to Waste Management KEOSAUQUA — Waste Management has been charging the Van Buren Community School District an average of nearly $1,600 a month to remove waste and recycled materials from the Douds and Keosauqua centers. Now faced with a bidding process, Waste Management

    July 23, 2014

  • MINE logo.jpg Two arrested on drug charges

    The Mid-Iowa Narcotics Enforcement drug task force executed a search warrant in Knoxville last night. A man and a woman were arrested. 

    July 23, 2014 1 Photo

  • Propane suppliers: buy ahead to avoid price spikes DUBUQUE, Iowa (AP) — State officials and propane suppliers are advising consumers to fill their tanks before cold weather arrives because prices could climb again this winter. The Dubuque Telegraph Herald reports (http://bit.ly/1obSe2U ) prices will

    July 23, 2014

  • Military Retiree Appreciation Day Aug. 28 near Pella A military Retiree Appreciation Day will be held Thursday, Aug. 28 at the Prairie Meadows Race Track and Casino in Altoona, Iowa. Retirees from all branches of the armed forces and their family members are eligible to attend. The event will run from

    July 23, 2014

  • Report: Iowa third among states in child well-being DES MOINES, Iowa (AP) — A new national report on the well-being of children released Tuesday ranked Iowa third in the nation, up four places from last year, the best showing for the state in 25 years. The Kids Counts report from the Annie E. Casey Fo

    July 23, 2014

  • Report: Iowa third among states in child well-being DES MOINES, Iowa (AP) — A new national report on the well-being of children ranks Iowa third in the nation, up four places from last year. The Kids Counts report released Tuesday by the Annie E. Casey Foundation says Iowa ranks first among all states

    July 22, 2014

  • MHP designated a Blue Zones Worksite OSKALOOSA — Blue Zones Project Oskaloosa today announced Mahaska Health Partnership has been named a designated Blue Zones Worksite. Mahaska Health Partnership was designated after completing the necessary items in the Blue Zones Project worksite ple

    July 22, 2014

  • 072214 Medics Skills Photo Local medics advance skills

    Six EMTs from Mercy Medical Center have completed the work necessary to become paramedics.

    July 22, 2014 1 Photo

Obituaries
Record
Facebook
AP National