gradient
goingon
TODAY IS Thursday July 24th


200 North funding switched from bond to Major Moves
Tuesday May 13, 2014 4:12pm
LaGrange, IN

By: Tim Murray

LAGRANGE - A loan from Major Moves will fund the reconstruction of County Road 200 North in LaGrange County rather than a bond.

County Surveyor Rex Pranger suggested the idea to Monday’s joint meeting of the County Council and Commissioners.

"Here you'd just be paying the Major Moves fund back. So the Major Moves fund would act as the bank, I guess you would say. The same thing you did with the MEC. Dollars and cents wise this will probably save a couple hundred-thousand dollars over the course of this thing. We used a 1 percent figure with the MEC and that's what I used was a 1 percent interest figure. That would actually make Major Moves better money than what we're getting today," Pranger said.

Much of the discussion concerned whether or not county officials would be disciplined enough to make the payments back to Major Moves from economic development income taxes in the future.

The joint boards unanimously approved the loan with a ten year term.

The council would allocate about $285-thousand a year from EDIT taxes to pay back the loan to Major Moves.

(07-24-2014) • Habitat For Humanity Auction one week away
LOCATION OF NEWS ITEM: Shipshewana Auction Barn • Shipshewana, IN
(07-24-2014) • PH football, baseball fields damaged by vandal
LOCATION OF NEWS ITEM: Prairie Heights School campus • LaGrange, IN
(07-24-2014) • Vandals Damage PH Football And Baseball Fields
LOCATION OF NEWS ITEM: Prairie Heights High School
(07-24-2014) • Missing Cass County Man Found In White Pigeon
LOCATION OF NEWS ITEM: White Pigeon, MI
(07-24-2014) • Bolt Explains Road Millage To City Commission
LOCATION OF NEWS ITEM: Sturgis, MI
(07-24-2014) • NEO Going Strong
LOCATION OF NEWS ITEM: Sturgis, MI
(07-24-2014) • GOP Caucuses Scheduled To Fill Council Seats
LOCATION OF NEWS ITEM: Angola, IN
(07-24-2014) • Wasp watch Friday in Ontario Park
LOCATION OF NEWS ITEM: Ontario Park • Howe, IN
(07-24-2014) • Brokaw To Close July 31st For Remodeling
LOCATION OF NEWS ITEM: Angola, IN
(07-24-2014) • PH Elementary To Take Part In Free Summer Meal Program
LOCATION OF NEWS ITEM: Brushy Prairie
(07-24-2014) • Robbery Suspect Formally Charged In Branch County
LOCATION OF NEWS ITEM: Branch County Courthouse • Coldwater, MI
(07-23-2014) • LaGrange COA gets power door thanks to Community Foundation
LOCATION OF NEWS ITEM: LaGrange, IN
(07-23-2014) • Middlebury woman found dead in burning home
LOCATION OF NEWS ITEM: 11000 block of CR 4 • Middlebury, IN
(07-23-2014) • Stabbing Suspect Arraigned
(07-23-2014) • Glen Oaks To Offer Classes In Bronson
LOCATION OF NEWS ITEM: Centreville, MI
(07-23-2014) • LaGrange man injured in cycle crash near Honeyville
LOCATION OF NEWS ITEM: SR 13 at CR 34 • Goshen, IN
(07-23-2014) • Garrett man wanted in KY captured in Kendallville
LOCATION OF NEWS ITEM: Kendallville, IN
(07-23-2014) • Man Surrenders After Angola CVS Robbery And Coldwater Standoff
LOCATION OF NEWS ITEM: Angola, IN
(07-22-2014) • Colon Woman Injured In Car-Motorcycle Collision
LOCATION OF NEWS ITEM: Colon, MI
(07-22-2014) • Minor Injuries In Nottawa Crash
LOCATION OF NEWS ITEM: Centreville, MI
(07-22-2014) • Authorities Find Missing Fisherman
LOCATION OF NEWS ITEM: Constantine, MI
(07-22-2014) • Kendallville man jailed on drug charges
LOCATION OF NEWS ITEM: US 20 at CR 200E • LaGrange, IN
(07-22-2014) • Adult ed classes move to LaGrange Library
LOCATION OF NEWS ITEM: LaGrange County Public Library • LaGrange, IN
(07-22-2014) • Burglars at work in Howe area
LOCATION OF NEWS ITEM: Howe, IN
(07-22-2014) • Child Well-Being: Indiana Improves in Education, but Poverty Persists
LOCATION OF NEWS ITEM: INDIANAPOLIS
(07-21-2014) • School Board Appoints Dan Scott To Vacant Seat
LOCATION OF NEWS ITEM: Sturgis, MI
(07-21-2014) • Man intentionally set vehicle fire in Goshen
LOCATION OF NEWS ITEM: Goshen, IN
(07-21-2014) • Commissioners okay resolution for financing CR 200 N project
LOCATION OF NEWS ITEM: LaGrange County Office Building • LaGrange, IN
(07-21-2014) • WBET AM Changes To Fox Sports Radio
LOCATION OF NEWS ITEM: Sturgis, MI
(07-21-2014) • Drowning In Cass County
(07-21-2014) • Assault Suspect Arrested
LOCATION OF NEWS ITEM: Sturgis, MI
(07-21-2014) • Driver Injured In Crash South Of Ashley
LOCATION OF NEWS ITEM: I-69 at 339 MM • Ashley, IN
(07-21-2014) • Cleveland Woman Killed In Toll Road Crash
LOCATION OF NEWS ITEM: Indiana Toll Road • Fremont, IN





Contact WBET
STURGIS269/651-WBET
COLDWATER517/278-WBET
wbet@wbetfm.com

pfc

businesses