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"I think that this is probably by far our most widespread severe weather event that we ve had across southern Wisconsin so far this year," said National Weather Service Meteorologist Andy ....
[email protected] The Marshall County Board of Supervisors approved and authorized $4.6 million of general obligation capital loan notes at the regular Tuesday meeting. The money will be used for the $3.6 million emergency communications upgrade project and for Marshall County Courthouse repairs. There was not a lot of discussion in the 30-minute meeting. Supervisor Dave Thompson said there was one thing he wanted to point in the multiple-page deal with Northland Securities. “After a particular period of time, we do have the ability to prepay and redeem these notes,” he said. Supervisor Steve Salasek said he was under the impression they had discussed a 0.95 percent interest rate and pointed out there was a 1 percent rate in the deal. Auditor Nan Benson said 0.95 is the overall, but wondered if the additional 0.05 percent are fees from Northland Securities. ....
[email protected] The Marshall county Board of Supervisors decided to use a capital loan from a Marshall County bank to pay for the emergency communication system update. The decision was made during the regular Tuesday meeting, during a discussion supervisors had on how to finance the $2.6 million project. Auditor Nan Benson said county employees spoke with attorneys from Ahlers & Cooney, a law firm in Des Moines which is representing Marshall County in the project, and learned the project is considered essential purpose. Thus, it would not have to go to a public vote. As a result, the county can get a loan or a bond, which Benson said is all essential purpose funding. ....