City Council Considers Tax Increment Financing to Boost Downtown, Badgerow Building
The Sioux City Council will be asked today to approve a resolution that a maximum of $1 million in funds be committed to the Badgerow Building and another $1.6 million to two other projects in the city's Historic Fourth Street District.
The council will consider adopting an amendment to the Combined Central Sioux City -- CBD Urban Renewal Area Plan.
In October the council approved a measure to allow the city to purchase the historic Badgerow Building for $750,000 from Cedar Rapids Bank and Trust Company so that it can be used for the continued redevelopment of downtown.
City documents say, no more than $1 million in tax-increment financing, or TIF, funds would be committed to the Badgerow Building.
The life of Iowa Supreme Court Chief Justice Mark Cady will be commemorated at a public service on the Drake University campus at 10:00 Wednesday morning.
Cady's family on Friday evening announced the death of the 66-year-old chief justice following a heart attack. He was residing in Fort Dodge at the time of his death.
President Donald Trump enjoys widespread popularity among registered Republicans in Iowa, the first state that will cast preference votes in the 2020 presidential race, a new Iowa Poll shows.
The president's popularity has never been higher among registered Republicans who don't plan to attend the Democratic caucuses, the Des Moines Register/CNN/Mediacom Iowa Poll found.
His overall job approval is up 4 percentage points in March to 85 percent. The percentage of those who say they will definitely vote to re-elect him is up 9 percentage points to 76 percent.