Tuesday, 26 March 2013 03:39
St. Clair County approves bonds for 2 companies' expansion at MidAmerica
When Boeing and North Bay Produce expand their operations at MidAmerica Airport, they'll get a little help from St. Clair County to pay for it.
The County Board approved $3.65 million dollars in bonds to finance the expansions on Monday. The Belleville News-Democrat reports that both companies will repay the county through renewed lease agreements at the Mascoutah airport.
County Board Chairman Mark Kern told the paper that the companies expect to add a combined 60 jobs at the site.
The bonds are part of an upcoming $30 million bond sale, which will also fund more than $20 million in road projects and refinance bonds previously issued by the county.
The County Board approved $3.65 million dollars in bonds to finance the expansions on Monday. The Belleville News-Democrat reports that both companies will repay the county through renewed lease agreements at the Mascoutah airport.
County Board Chairman Mark Kern told the paper that the companies expect to add a combined 60 jobs at the site.
The bonds are part of an upcoming $30 million bond sale, which will also fund more than $20 million in road projects and refinance bonds previously issued by the county.
Published in
Local News
Monday, 18 February 2013 03:32
State infrastructure needs could hit Missouri consumers
JEFFERSON CITY, Mo. (AP) - State lawmakers are considering several proposals to improve infrastructure that could hit Missourians' wallets.
One proposal could require residents to pay a higher sales tax in order to pay for transportation projects, and another would let electric utilities seek a surcharge to recoup costs from infrastructure projects.
A third measure would call for issuing several hundred million dollars in bonds to fund improvements on college campuses and state facilities. Taxes that Missourians pay could go to paying off the bonds.
Lawmakers say the influx of ideas comes because there is a new willingness to discuss major challenges facing Missouri. They are skeptical everything would pass in the same year.
One proposal could require residents to pay a higher sales tax in order to pay for transportation projects, and another would let electric utilities seek a surcharge to recoup costs from infrastructure projects.
A third measure would call for issuing several hundred million dollars in bonds to fund improvements on college campuses and state facilities. Taxes that Missourians pay could go to paying off the bonds.
Lawmakers say the influx of ideas comes because there is a new willingness to discuss major challenges facing Missouri. They are skeptical everything would pass in the same year.
Published in
Local News
Monday, 11 February 2013 04:10
Proposed state facilities bonds could bring updates to Fulton State Hospital
Missouri mental health officials are hoping Governor Nixon and state lawmakers will include the Fulton State Hospital in a proposed state bonding package.
The hospital is Missouri's only maximum and intermediate security psychiatric hospital and is the oldest public mental health facility west of the Mississippi River.
The Department of Mental Health is proposing a new 300 bed, high-security facility that would cost about $211 million.
Officials say current facilities are antiquated and a new building would save utility cots and make for a safer facility.
Fulton State Hospital is in Fulton, Missouri, about 100 miles west of St. Louis.
The hospital is Missouri's only maximum and intermediate security psychiatric hospital and is the oldest public mental health facility west of the Mississippi River.
The Department of Mental Health is proposing a new 300 bed, high-security facility that would cost about $211 million.
Officials say current facilities are antiquated and a new building would save utility cots and make for a safer facility.
Fulton State Hospital is in Fulton, Missouri, about 100 miles west of St. Louis.
Published in
Local News
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