Pella Chronicle

Local News

July 28, 2013

Council adopts banner ordinance, makes amendment to loan and disbursement agreements

Pella —

The Pella City Council approved and adopted, following waiving for second and third readings, an ordinance amendment for street right-of-way banners.

On February 19, 2013, the City Council adopted Resolution No. 5314 which is the City's Policy for Banners in the Public Right-of-Way (street banners). However, when the City adopted this resolution, they did not update City Code section 165.33 which contains provisions for both private property banners such as business temporary banners as well as the right-of-way banners. As a result, the right-of-way banner provisions in the City Code are not consistent with the Policy for Banners in the Public Right-of-Way and have not been updated.

The Community Development Committee reviewed and recommended approval of the proposed ordinance amendment at their May 8, 2013 meeting. The Planning and Zoning Commission approved the ordinance amendment at their June 24,2013 meeting.

The council then proceeded to approve a resolution approving and authorizing an amendment to Loan and Disbursement Agreements by and between the City of Pella and the Iowa Finance Authority, and Authorizing and providing for the reissuance of the $2,111,000 Sewer Revenue Capital Loan Note, R-1, Series 2000, the $1,604,000 Sewer Revenue Capital Loan Note, R-2, Series 2000, and the $2,800,000 Sewer Revenue Capital Loan Notes, Series 1999, of the City.

On December 20, 2000, the City issued two Sewer Revenue Capital Loan Notes with the Iowa Finance Authority for sewer improvement projects. One note was for $1,604,000 and one was for $2,111,000 of which only $641,000 was used and the remaining $1,470,000 was returned to the Iowa Finance Authority. The total amount authorized for those notes was $3,715,000 and only $2,245,000 was used. Prior to that, on December 21, 1999, the City issued Sewer Revenue Capital Loan Notes in the amount of $2,800,000 for sewer improvement projects.

Previously, the Iowa Finance Authority authorized a reduction in the interest rate on the 2000 Notes from 4.3% to 3% as of June 1, 2011 and the 1999 Notes from 3.92% to 3% as of June 1, 2010. The Iowa Finance Authority has reduced interest rates again from 3% to 1.75% due to growth in the program and careful financial management. Over the remaining 8 years of the Notes, the interest rate reductions will save the City $144,612.

Text Only
Local News
  • Military Retiree Appreciation Day Aug. 28 near Pella A military Retiree Appreciation Day will be held Thursday, Aug. 28 at the Prairie Meadows Race Track and Casino in Altoona, Iowa. Retirees from all branches of the armed forces and their family members are eligible to attend. The event will run from

    July 22, 2014

  • Logo for story Nurses flourish at PRHC with Pathway to Excellence Pella Regional Health Center has again achieved Pathway to Excellence® designation from the American Nurses Credentialing Center. The Pathway to Excellence recognition is earned by health care organizations nationwide that create work environments wh

    July 22, 2014 1 Photo

  • Lake Red Rock Programs for July 25-30 There’s always something happening at Lake Red Rock! Check out these upcoming programs: July 25 - “Thief in the Night” - 7:00 p.m. - Howell Station CampgroundProblem: A critter of the night consistently raises havoc with backyard bird feeders. Action

    July 22, 2014

  • USDA's NRCS wetland compliance listening session set for July 28 USDA’s Natural Resources Conservation Service (NRCS) will host a listening session on Monday, July 28, to seek comments on proposed changes to wetland compliance provisions. The session will be at Ankeny Fire Station #1, 120 NW Ash Drive, from 1 p.m.

    July 22, 2014

  • Pella Runway Rehabilitation Project continues along The Pella City Council, during last week’s meeting, approved a resolution, following a public hearing on the matter, for plans, specifications, form of contract, receiving bids, making award of contract to TK Concrete, and issuing notice to proceed a

    July 22, 2014

  • Photo contest winners named Winners of the 2014 Marion County Photo Contest were announced last week at the Marion County Fair. The annual Contest is sponsored by Marion County Extension & Outreach and the Marion County Development commission (MCDC). This year nearly 300 photos

    July 22, 2014

  • Bloom pic 1 Pella blooms for judges, now waits for results Last week (July 14-15), America in Bloom volunteer judges Bruce Riggs (New York) and Leslie Pittenger (Ohio) visited Pella. In preparation for the visit the City of Pella’s Community Services Department prepared a tour route for the judges that cover

    July 22, 2014 2 Photos

  • Patrick Edouard Supreme Court overturns Court of Appeals decision

    The Supreme Court of Iowa issued a ruling today which affirms a District Court ruling that sent a former Pella pastor to prison. 

    July 18, 2014 1 Photo

  • Lake Red Rock Programs for July 18-20 There’s always something happening at Lake Red Rock! Check out these upcoming activities:July 18 - Iowa History: Just Dig It! - 10:00 a.m.-Playscape (meet at North Overlook Beach at north end of parking lot)Learn about the history of Iowa! From glaci

    July 15, 2014

  • Abstract photo Abstract Party for Collegiate Historic District homeowners On July 8, residents of the Collegiate Historic District in Pella were invited to an Abstract Party hosted by the Historic Pella Trust. The Abstract Party was held in the Fireside Room of Second Reformed ChurchLeading the event was Will Page, Public

    July 15, 2014 1 Photo

AP Video
Raw: Families Travel to Taiwan Plane Crash Site Arizona Execution Takes Almost Two Hours Gen. Odierno Discusses Ukraine, NATO at Forum Gaza Fighting Rages Amid Cease-Fire Efforts Mint Gives JFK Coin a Face-lift Creative Makeovers for Ugly Cellphone Towers Ariz. Inmate Dies 2 Hours After Execution Began Crash Kills Teen Pilot Seeking World Record LeBron James Sends Apology Treat to Neighbors Raw: Funeral for Man Who Died in NYPD Custody Migrants Back in Honduras After US Deports Israeli American Reservist Torn Over Return Raw: ISS Cargo Ship Launches in Kazakhstan Six Indicted in StubHub Hacking Scheme Former NTSB Official: FAA Ban 'prudent' EPA Gets Hip With Kardashian Tweet Bodies of MH17 Victims Arrive in the Netherlands Biden Decries Voting Restrictions in NAACP Talk Broncos Owner Steps Down Due to Alzheimer's US, UN Push Shuttle Diplomacy in Mideast
Hyperlocal Search
Premier Guide
Find a business

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