Authorities in Montgomery County are investigating at least two separate incidents where copper wire was stolen from properties in Red Oak. The Sheriff’s Office reported that sometime between October 25th and November 7th, someone cut and stole four strands of copper wiring from the base of a radio station’s tower at 1924 Ironwood Avenue, in Red Oak. During the same time frame, someone cut and stole 160-feet of copper wiring from the Chat Mobility tower at 1926 Ironwood Avenue, in Red Oak.

The combined replacement cost of the wire is around $3,000. Anyone with information about the crime is asked to call Montgomery County Crimestoppers at 1-800-432-1001.

A Stanton man was arrested Wednesday evening in Montgomery County, on a warrant for violation of his probation. 19-year old Drew Dale Goodrich was also taken into custody at around 5-p.m., on a charge of Theft in the 5th degree. He was being held in the Montgomery County Jail on $5,300 cash bond.

Here is the latest Iowa news from The Associated Press

After nearly 30-minutes of discussion and a tweaking of the wording, the Atlantic City Council, Wednesday evening, passed a resolution establishing a Tax Increment Finance (TIF) Policy, which has been in the works for months. Councilman Shaun Shouse, said the process involved input from a Citizen Task Force, the Community Development Committee, suggestions from the City Attorney and Bonding Attorney, along with local developer Don Sonntag. Shouse said Bond Counsel Bob Josten suggested the City specifically state in the policy that preference be given to the use of property tax rebates when considering TIF projects, since that results in lower costs to the City by eliminating the bonding process. He said it doesn’t prohibit the City from doing “up-front” grants bonded, or otherwise.

Another suggestion puts the burden on the developer to demonstrate financial assistance is necessary in the amount as warranted, based on “public benefit.” He says that refers to a “Cost-benefit analysis” type of reasoning being used for the TIF. It means people need to be aware that not everyone who requests TIF will receive the maximum amount, and that the City will consider whether the project warrants public input, and that the amount requested is reasonable, considering the benefits back to the City and its residents.

Josten also suggested the City be very clear in how it words “Incremental Taxable Value,” so that any future rollbacks would not result in modifications to the wording to account for that. Instead, the City would consider increased taxable value. There was also a section on what is classified as “Qualified Expenses.”

After the Council unanimously approved the resolution, Mayor Pro Tem Steve Livengood said the fact they were able to come up with a final policy was “amazing,” considering how long the process took, and the amount of paperwork it involved that was reduced to just a few pages at the end of that process. Developer Don Sonntag commended the Council for establishing the policy, which he said might be used in the near future to develop a property subdivision for rental and for-sale homes that would come in two phases, and result in the construction of some 40 homes. The homes that would be offered for rent, would be priced at about $750 per month.

The project, if it comes to fruition,  would cost anywhere from $1.4-to $2-million, and would be built in the vicitinity of East 22nd Street, near the Sundance Apartments. In order for the project to be viable, Sonntag said he would likely need a TIF of up to $250,000. He said there are a lot of hoops to go through before he approaches the City with a TIF request, however.

The City of Atlantic is still under consideration as a possible stop for a high-speed, Chicago-to-Omaha passenger rail route. City Administrator Doug Harris told the City Council during their meeting Wednesday evening he spoke recently with Amanda Martin, IA DOT freight and policy coordinator and Liaison to the Iowa Passenger Rail Advisory Committee. He says Atlantic is still in the running as one of the communities the train might pass through, but Martin wanted to know if the City was given further consideration, would the Rock Island Depot, which currently serves as the Chamber of Commerce’ Headquarters, be available as a possible stop?

Harris said there would have to be further discussion among the various entities, such as the group responsible for restoring the depot, the Chamber, and others, before a firm answer could be given. He said it was “exciting that they’re not only looking at this as a rail line, but also as a possible stop.”

A two-million dollar study is underway, to evaluate potential route alternatives, evaluate levels of service and ridership, analyze environmental impacts, and determine a preferred Chicago to Council Bluffs-Omaha passenger rail route alternative for intercity regional passenger rail service.  The study includes a Tier 1 Service Level Environmental Impact Statement (EIS).  Half of the funds used to pay for the study is coming from the State of Iowa, with another million matched by the federal government. Open house public hearings on the Draft Tier 1 EIS are anticipated to be held in December. Online meetings are available from now through January 2013.The next steps would include submitting the final Tier 1 EIS to the the Feds, in order to be considered for approval.

Among the routes that were initially being considered, were those that ran from Chicago through: Dubuque, Waterloo and Ft. Dodge; Clinton, Cedar Rapids, and Ames; Cedar Rapids and Huxley; Moline, Iowa City, Des Moines, and possibly Atlantic; or, through Burlington, Osceola and Council Bluffs, which is essentially the existing AMTRAK route.