Tagged: Fort Madison

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Funding Needed For State Support
12:07 am
Fri May 11, 2012

Lee County Will Contribute to Project

Lee County will provide money for a proposed sports complex in Fort Madison.  The decision comes after the Board of Supervisors spent weeks rejecting requests for funding.

The Vision Iowa Board has said that Fort Madison’s request for more than $800,000 will not be considered without a $25,000 contribution from the county.  The program requires city, county, and public support for a project.

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Water Rate Decreasing
9:00 am
Sun May 6, 2012

Fort Madison Increasing Sewer Rates

Fort Madison City Council

Fort Madison residents should expect some good news and some bad news from the city when they go to their mailboxes this summer.

The city council has approved the first reading of an ordinance that would decrease the water basic charge by just over $1.00/month.  The average residential household will see a decrease of 4%.

Aldermen described that as the “good news” during its most recent meeting.

The savings are linked to favorable bids for the construction of the new water plant and several transmission mains.

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County Funding Key
10:02 am
Sat May 5, 2012

State Funding Up In The Air for Fort Madison

It’s unclear whether Lee County’s support for a proposed sports complex in Fort Madison will lead to any state funding.  The project calls for the construction of three football/soccer fields and three softball/baseball diamonds.

The Vision Iowa Board says the county must provide at least $25,000 if the board is to act on Fort Madison’s request for more than $870,000.

The county has created a special community development fund to try to raise the money.  $1,500 has already been pledged at this point.

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Targeting Downtown Development
9:15 pm
Wed May 2, 2012

Fort Madison Considering New TIF District

A commonly-used incentive program for downtown development is advancing in Fort Madison.

The city council has approved the second reading of an ordinance that would create a new tax increment financing district.

A portion of the property taxes collected on buildings within a TIF district goes to infrastructure projects.  A baseline property value will be developed to determine the amount available for new sidewalks or streets.

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Designed to Help Sports Complex
11:29 pm
Tue May 1, 2012

Lee County Creates Special Fund

Lee County has started collecting money to cover its share of a potential state grant for a proposed sports complex in Fort Madison.

That is possible because the Board of Supervisors has approved the creation of a Community Development Fund.

The first donations came in shortly after the official vote.  Supervisors Rick Larkin ($1,000) and Larry Kruse ($500) pulled out their wallets and wrote their checks to back up their verbal pledges from last week.

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