Pella Chronicle

Local News

February 26, 2014

Council approves sale advertisement

The Pella City Council approved a resolution during last week’s regular meeting in regards to General Obligation Local Option Sales and Services Tax Bonds, Series 2014.

This resolution directs the advertisement for sale and approves electronic bidding procedures and the official statement for the $3,200,000 (dollar amount subject to change) General Obligation Local Option Sales and Services Tax Bonds, Series 2014. The proceeds from the Bonds will be used to fund the renovation of the Indoor Pool project which is scheduled to occur from April through November of this year. Overall, the estimated cost for the Indoor Pool renovation is $4.0 million, which includes the roof replacement in 2011.

In considering this potential bond issue, it is also important to note in March of 2011, the community passed a referendum extending the City’s local option sales and services tax for twelve years. The approval rate for the extension was nearly 85 percent, and the Indoor Pool renovation was listed as an eligible item for local option sales and services expenditures. The City, in conjunction with our Financial Advisor, Public Financial Management, Inc., has prepared a preliminary Official Statement outlining the details of the proposed sale of the Bonds. Subject to revisions from bond counsel, Ahlers & Cooney, and Public Financial Management, Inc., this Official Statement will be distributed in connection with the offering of the Bonds for sale. The bid date for the Bonds is scheduled for March 4, 2014. The terms of the sale include language to permit the use of electronic bidding. Per Iowa Code, Council needs to approve that the recommended procedure for bidding will provide reasonable security and maintain the integrity of the competitive bidding process and facilitate the delivery of bids by interested parties. It should be noted, while the bond issue limit is listed as not to exceed $4.0 million, the proposed General Obligation Local Option Sales and Services Tax Bonds will be for $3.2 million with a ten year term. It is important to note, the annual debt service payments for the bond are proposed to be provided by local option sales and services taxes. As a result, staff does not believe there will be any impact to the City’s property tax rate as a result of this bond issue. However, because the proposed bond is a general obligation bond, the City Council could issue a debt service levy for the debt service payments if they desire to in the future.

Text Only
Local News
  • Live entertainment slated for Tulip Time This year's line-up for Festhouden, which will begin at 7 p.m. each evening of Tulip Time, has been announced. Festhouden will take place on the Tulip Toren located on the south side of Pella's square. Grandstand tickets for Festhouden and the evenin

    April 16, 2014

  • Vermeer award photo Vermeer receives consecutive NAEDA Dealer's Choice Award Recently, the North American Equipment Dealers Association (NAEDA) released its annual Dealer-Manufacturer Relations Survey and Dealer's Choice Awards. For the second consecutive year, Vermeer Corporation was awarded "Dealer's Choice" in the Ag/ Shor

    April 16, 2014 1 Photo

  • South Central Regional audit released Van Maanen, Sietstra & Meyer, PC, Certified Public Accountants recently released an audit report on the South Central Regional Airport Agency, Pella, Iowa. The Agency's revenues totaled $81,986 for the year ended June 30, 2013, the first year of the

    April 16, 2014

  • Eagle photo Bald eagle program, release at Lake Red Rock April 19 Come to Red Rock Visitor Center at 3 p.m. on Saturday, April 19, to learn about eagles in Iowa and why we’re still talking about the impacts of lead on wildlife and people. Helping with the program will be Thora, SOAR’s education ambassador eagle. Co

    April 16, 2014 1 Photo

  • Easter2 Easter Egg Hunt The annual Pella Easter Egg Hunt was held Saturday, April 12 in Central Park. Nice weather greeted children of all ages for the event. The Easter Egg Hunt was sponsored by Kiwanis and the Community 1st Credit Union. More photos on Page 8. (Photos by

    April 16, 2014 2 Photos

  • Patient advocate - Helping surgery patients navigate insurance maze The rules of insurance are always changing and are frequently challenging for patients to understand. At Pella Regional Health Center, new positions have been added to help patient be informed and understand the financial impact of surgical procedur

    April 16, 2014

  • Construction Trades pic 1 Marion County building permits on the rise

    It's expected to be a busy construction season around Marion County. According to County Zoning Administrator Missy Poffenbarger, her office has issued 17 building permits since March 18. 

    April 14, 2014 1 Photo

  • Burn ban to be lifted at 11 a.m.

    Marion County's burn ban will be lifted at 11 a.m. Monday, April 14. 

    April 14, 2014

  • Reeds.jpg Bussey pair facing several charges

    Two Bussey residents are charged in a pair of thefts in Otley and Pella on April 5 and April 11. 

    April 14, 2014 1 Photo

  • supes in Pville.jpg County awaits Pleasantville Memorial Hall proposal

    The Marion County Board of Supervisors met with representatives from the City of Pleasantville and Memorial Hall Commissioners from the Rose City, to discuss the status of transitioning the hall from County ownership to the City. 

    April 11, 2014 1 Photo

AP Video
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide