Idaho Falls Mayor reviews “state of the city”
Mayor Rebecca Casper delivers State of the City address
IDAHO FALLS, Idaho (KIFI)-In a year that saw 116 Bonneville County citizens die from complications of COVID-19, Mayor Rebecca Casper began her annual State of the City address by expressing gratitude to the city employees and medical personnel who have worked through the pandemic and memorialized those who passed away.
The Mayor touched on some of the projected goals of city departments in 2021.
The Parks and Recreation Department will begin work on a full restoration of the Tautphaus Park Fun Land. It should be complete by 2022. Additional trails are planned along canal pathways in the heart of the city.
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Idaho Fallsâ new police station could end up costing millions less than was expected thanks to lower-than-budgeted interest rates.
The city is financing the project with $30 million worth of certificates of participation, or tax-exempt bonds government entities can take out to pay for a project. They donât require a public vote, unlike a traditional bond for a construction project which needs two-thirds voter approval in Idaho. Idaho Falls will repay them over 22 years and had expected to spend $12.4 million on interest at an anticipated 3.25% rate. However, the city sold the certificates quickly and got an interest rate of 1.89% locked in for the life of the certificates, which will bring the amount spent on interest to less than half that, said city spokesman Bud Cranor.
New Idaho Falls Police station will cost less to finance than expected
KIFI Local News 8
The Idaho Falls stockyard were the city is planning to build a new police station.
IDAHO FALLS, Idaho (KIFI/KIDK) - Building a new police station in Idaho Falls won t cost as much as expected, city leaders said Wednesday.
The city was able to get a lower interest rate on the sale of Certificates of Participation. The certificates are tax-exempt bonds issued by government entities to finance capital projects.
Instead of a 3.25 percent interest rate, the city was able to get a 1.89 percent rate, saving taxpayers millions of dollars, they said.
Idaho Falls community and civic leader dies, remembered as passionate, upbeat and positive man
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Mel Erickson passed away at the age of 95 Dec. 17. | Courtesy photo
IDAHO FALLS – Friends and family are celebrating the life of a community and civic leader who died last week.
Mel Erickson passed away Thursday, Dec. 17 at his Idaho Falls home at the age of 95. His official cause of death was not released, but his obituary indicates he was under the care of Encompass Hospice.
Erickson had a long career in sales and served on the city council for 32 years. Mayor Rebecca Casper tells EastIdahoNews.com Erickson was “tireless in his enthusiasm for the wellbeing of the community” and many elected officials have benefitted from his advice and mentoring over the years.