News

Jefferson County supervisors learn of interest rate on bond

Heidi Kuhl of Northland Securities advised the Jefferson County Board of Supervisors during their meeting Monday, Aug. 12, that their application received an AA (minus) rating toward the Municipal Bond Market.

The supervisors also learned they have an interest rate locked in at 2.179 percent for the 16-year contract for $6.7 million (dollar amount subject to change) general obligation capital loan notes, series 2019A. The board approved the purchase of the loan notes.

The board awarded hot mix asphalt overlay contract to Norris Asphalt Paving Co., LC. which bid $4,672,243 for three planned county highway resurfacing projects; accepted the annual renewal contract and $12,520 fee with Calhoun-Burns and Associates, Inc. for 2020 bridge inspections and ratings; and approved the consulting engineering contract with Calhoun-Burns and Associates, Inc. for final design services for bridge on 257th St.

Supervisor Lee Dimmitt advised the board that he has notified the Iowa Department of Human Services 10-15 Transit is already a taxpayer-subsidized 28E agreement with primary service for constituents who need transportation. DHS has been hiring private vehicles from Kansas to transport people to medical appointments which are not safety inspected nor handicapped accessible, and these vehicle drivers are not familiar with the locations of local towns. Dimmitt is encouraging DHS cooperation with the local taxpayers in the use of these public funds.

Jefferson County Engineer Scott Cline advised the board Denco Highway Construction finished patching on the Packwood, Pleasant Plain, and Brookville roads. Iowa Bridge has finished and opened to traffic the Germanville Road bridge. County crews finished the two-tanker-car culvert replacement on 230th Street west of Dewberry Avenue.