712 Digital Group - top

Interest rate hike not expected to have major impact on land prices

Ag/Outdoor, News

December 15th, 2016 by Ric Hanson

The latest farmland survey by the Iowa State University Extension department showed a third straight year where land values dropped. Some people are worried the quarter-point increase in the interest rate announced Wednesday by the Federal Reserve could hurt land values even more. Economist Wendong Zhang conducts the I-S-U survey and says interest rates are an important part of land values. “Land value can be thought of simply as net income divided by interest rates. So when interest rates rise, land values tend to fall down,” Zhang says.

But Zhang says this increase shouldn’t have much impact. “What we are talking about will be a shift from an historically low environment to a low interest rate environment. So, it will have some impact, but probably not as much as some people are worried about,” He says.

The use of ethanol and its impact on corn prices led to an increase in farm land prices that saw them peak in 2013. But Zhang says the impact of ethanol on land prices is not as strong as it once was. “Comparing the current and future growth to what we experienced in the late 2000’s, the growth is much slower,” Zhang says. “Back in the 2000’s ethanol had been one of the primary factors in driving up the corn prices. I don’t think the factor is that strong (now) — at least compared to a few years ago.”

Zhang expects the drop in land prices to slow and eventually turn around, but he says it could take a few years.

(Radio Iowa)

Iowa lands top spot on ‘best states for drivers’ list

News

December 15th, 2016 by Ric Hanson

A new survey ranks Iowa as the nation’s best state for drivers. The personal finance website Bankrate dot com says Iowa motorists pay, on average, just over $647 a year for auto insurance — the least expensive premiums of any state in the country. According to the survey, California is the worst state for drivers.

Car repairs in Iowa average $637 compared to $895 in California. Commutes in Iowa average only 19 minutes. Bankrate.com also based their rankings on gas prices, car thefts and deadly crashes.

(Radio Iowa)

Iowa early News Headlines: Thursday, Dec. 15th 2016

News

December 15th, 2016 by Ric Hanson

Here is the latest Iowa news from The Associated Press at 3:40 a.m. CST

DES MOINES, Iowa (AP) — The Legislative Services Agency estimates Iowa faces a shortfall of about $132 million in its current budget. The estimate follows another panel’s forecast of $7.2 billion in revenue for the current budget year, down $96 million. The legislative agency tacked on an extra $22 million in additional Medicaid costs. A separate group previously determined the Medicaid shortage, which includes a decision by officials to pay about $33 million more to three insurance companies that oversee the program.

AMES, Iowa (AP) — A member of the Board of Regents says he would have preferred an outside audit into Iowa State University President Steven Leath’s potential misuse of school planes. Regent Subhash Sahai says he had the stomach flu Monday and missed a special board meeting to discuss an internal audit that detailed dozens of questionable personal flights by Leath. Sahai says an “external audit would have been much more helpful.”

CEDAR RAPIDS, Iowa (AP) — Linn County plans to enact a new higher minimum wage on Jan. 1, despite a request from one supervisor to delay the move until summer. Cedar Rapids television station KCRG says Supervisor Brent Oleson requested the delay until July 1 because he believes state lawmakers will throw out all county wage ordinances in the upcoming legislative session. Linn County supervisors voted in September to raise the $7.25 minimum wage by a dollar each Jan. 1 until 2019, when it will reach $10.25.

DENISON, Iowa (AP) — A Minnesota man has been sentenced to five years in prison for shooting at two Iowa sheriff’s deputies during a standoff. The Sioux City Journal says 46-year-old James Champion, of Mankato, Minnesota, was sentenced last week in Crawford County District Court. An investigation showed Champion fired a rifle at deputies on March 9. One deputy returned fire, hitting Champion twice.

Nonpartisan agency: Iowa must address $132 million shortfall

News

December 14th, 2016 by Ric Hanson

DES MOINES, Iowa (AP) — A nonpartisan agency estimates Iowa faces a shortfall of about $132 million in its current budget. The Legislative Services Agency released the data Tuesday, one day after a panel lowered projections for how much money the state will collect during the budget year that began in July and ends in June 2017.

The panel estimated Iowa’s revenue intake at roughly $7.2 billion and decreased its budget projections by $96 million. The Legislative Services Agency tacked on an extra $22 million in additional Medicaid costs. A separate forecasting group previously determined the Medicaid shortage, which includes a decision by Gov. Terry Branstad and state officials to pay about $33 million more to three insurance companies that oversee the privatized health care program.

2017 Atlantic Parent-Teacher Conference dates changed

News

December 14th, 2016 by Ric Hanson

Citing athletic events and other scheduling conflicts, the Atlantic School Board Wednesday evening approved a recommendation by administrators and Superintendent Dr. Michael Amstein, to move the date of the 2017 parent teacher conferences from the week of Feb. 13-to the 17th, to February 28th and March 2nd. There will be no school, on March 3rd.

In his report to the Board Wednesday night, Amstein said that last week, Superintendents with the Green Hills AEA (Area Education Agency) met with a handful of State legislators from southwest Iowa, and the legislators conveyed message of “Don’t be expecting much in the way of State Aid,” in 2017. One alluded to the possibility of a one- or two-percent increase. Amstein said “If that’s the case, that will be eight straight years.”

Nine years ago, he said there was a 10-percent across-the-board cut, which Amstein said the District never got back. He urged the Board to contact those legislators and express their concerns over the continued lack of funding. Amstein said the legislative track record of minimal funding increases “Is going to have an impact on school districts. It just comes down to numbers. The bottom line is that a District the size of Atlantic can weather that storm, but smaller school districts…they will not be able to weather that storm.

And, in an update on the search for a new superintendent, Board President Ali Bruckner said since the online application form went live last Thursday, they’ve had 20 applications submitted for review. On Feb. 13th, a meeting will be held with all of the interview groups (10 students, 10 teachers and 10 community members), who will narrow down their list of questions for the candidates selected to be interviewed.

Afterward, that same day, the School Board will hold a work session to review the applicant videos and narrow down the selection. The Board will conduct 1st round interviews Feb. 20th and 22nd, the groups will interview candidates Feb. 27th & 28th, and if needed, March 1st. The person selected will succeed Mike Amstein, who is retiring at the end of the current school year.

Atlantic School Board hears comments about potential technical trades bldg

News

December 14th, 2016 by Ric Hanson

(Updated 8-a.m. 12/15 with decision that followed a closed session)

Members of the Atlantic Community School District’s Board of Education, Wednesday evening, heard from local developer Don Sonntag, with regard to the potential for the old YMCA building near 14th and Olive to be used as a Technical/Trades facility. If the Board should eventually choose to accept the building as a gift from the current owners, the District would have to pick up the cost of repair and remodeling the structure to accommodate large machinery used in manufacturing and other industries.

Don Sonntag

Sonntag said of the 21 companies in this area he’s contacted about a potential trades program, nearly all were in support of the idea. Sonntag said there are companies who are willing to donate specialized machinery and other equipment, and even four employers who are willing to pay $10,000 each to help defray program costs.

He said employers are experiencing a shortage of qualified laborers in the technical and trades industries, and it’s his goal to see a trade program going in Atlantic to help bridge the gap, something that hasn’t been done in years. Once the program is up and running he said, other school districts could be invited to participate.

The areas of potential training include: Electrical; HVAC; Factory Machine Operation; Welding; Mechanics; Carpentry; Truck Training & Operation; Blue Print instruction and Mechanical. Sonntag said also, he wanted to dispel some rumors about his and businessman Bob Camblin’s reasons for wanting the school to have the old YMCA building. He said neither man has any interest, ownership or any connection,” to the building. He said also “We would not receive any commission or anything else for helping ’em do it [giving the building away]. The owners he said, are still considering demolition of the structure if it can’t be transferred to the District.

It’s been estimated the cost to repair, renovate and remodel the building would be around $500,000. It needs a new roof, a recommended geothermal system to replace the old and inadequate HVAC system, and mold removal, on top of a large door cut into the south wall to allow for the addition of equipment and machines. Sonntag said the bottom line is that the right instructors and right program have to be in place to make a technical/trades program work.

He was asked by Board Member Dr. Keith Swanson, why such a program shouldn’t be left to the community colleges. Sonntag said “When the community colleges were set up, Atlantic and this area were pretty much put on the ‘back burner’ by our community college (meaning Iowa Western Community College. He said Mahle for instance, is sending its employees to Clarinda for training, and “We’ve gotta do a better job than the other guy, or we’re gonna find ourselves going down hill.”

Swanson said it was the expense of the trades/technical programs that caused them to evaporate from the scene in the first place, and they are expensive to run. Superintendent Mike Amstein told KJAN News Thursday, that the Board decided during a closed session at the end of regular business, to look at all the options available to them, for expanding career tech programs, and to begin looking at all facilities to meet the growing needs of the program.

ROBERT “BOB” REIMER, 79, of Council Bluffs (Svcs. 12-19-2016)

Obituaries

December 14th, 2016 by admin

ROBERT “BOB” REIMER, 79, of Council Bluffs, died Dec. 13th at CHI Health/Mercy Hospital, in Council Bluffs. Funeral Services for BOB REIMER will be held 11-a.m. Monday, December 19th, at the Loess Hills Funeral Home, in Carson.

Visitation will be held one hour prior to the service starting at 10:00am at the Funeral Home.

Burial will be in the Oak Hill Cemetery in Hancock.

Survived by:

Brother: Larry (Mary) Reimer, of Atlantic

His in-laws, other relatives & friends.

 

ERIC PAUL THOMPSON, 54, of Harlan (Svcs. 12-16-2016)

Obituaries

December 14th, 2016 by admin

ERIC PAUL THOMPSON, 54, of Harlan died Tuesday, December 13, 2016 at home. Memorial Services for ERIC PAUL THOMPSON will be held Friday, December 16th at 11:00am at St. Paul’s Lutheran Church in Irwin. Pauley-Jones Funeral Home in Harlan has the arrangements.

Visitation will be held Friday, December 16th from 10:00am-11:00am at St. Paul’s Lutheran Church in Irwin prior to services.

ERIC PAUL THOMPSON is survived by:

Mother: Dixie Thompson of Harlan.

Brother: Patrick (Pam) Gallagher of Elk Horn.

Sisters: Allyson (Bart) Schmidt of Lincoln, NE. Cynthia (Lynn) Rutherford of Jamestown, OH. Elizabeth (Billy) Butler of Copperas Cove, TX.

ELAINE HUDDLESON, 92, of Atlantic (Svcs. 12-13-2016)

Obituaries

December 14th, 2016 by admin

ELAINE HUDDLESON, 92, of Atlantic died Tuesday, December 13, 2016 at her home. Funeral Services for ELAINE HUDDLESON will be held Monday, December 19th at 10:30am at Roland Funeral Home in Atlantic.

Burial will be in the Atlantic Cemetery.

Visitation with the family will be held Sunday, December 18th from 3:00pm-5:00pm at Roland Funeral Home in Atlantic.

Online condolences may be left at www.RolandFuneralServices.com

Memorials may be directed to Cass County Meals on Wheels, United Methodist Church in Atlantic, or Anita American Legion Post #210 Scholarship.

ELAINE HUDDLESON is survived by:

Sons: Steve (Rita) Huddleson. Bruce (Diane) Huddleson. Mark Huddleson. Paul (Laura) Huddleson.

9 Grandchildren

14 Great-Grandchildren

Council Bluffs Man Sentenced for Illegally Possessing Firearm

News

December 14th, 2016 by Ric Hanson

U-S Attorney Kevin E. VanderSchel has announced that on Tuesday, December 13th, 23-year old Jonathan S. Featherstone, a resident of Council Bluffs, was sentenced by Chief United States District Court Judge John A. Jarvey, to 33 months (Nearly 3-years) in prison followed by three years of supervised release for Possession of a Firearm by a Prohibited Person.

Featherstone entered a guilty plea on July 14th, 2016, to the charge of Felon in Possession of a Firearm as a result of his possession of a Walter P38 9mm pistol.  Featherstone was contacted on February 17th, 2016, by Council Bluffs Police Department officers following a traffic stop, where it was discovered Featherstone had a loaded 9mm pistol in his backpack. Featherstone had been convicted of a prior felony offense in July of 2015.

The investigation was conducted by the Council Bluffs Police Department and the Bureau of Alcohol, Tobacco, Firearms and Explosives. The case was prosecuted by the United States Attorney’s Office for the Southern District of Iowa.