space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin
space
space
Sports Shorts
* AREA GOLF
* AREA TRACK AND FIELD
* M&O Softball
* M&O Baseball
* PHS Alumni Pepper "Fore" Golf Scholarship Outing Set for June 16

space
Peshtigo Fire
space
e-Edition
Now Available
For more information
click here
dot
THE CITY REBORN FROM THE ASHES OF AMERICA'S MOST DISASTROUS FOREST FIRE
space
dot
space

County Considers Loan For Marinette Project

The City of Marinette's request for $1.5 million from Marinette County to complete financing for their proposed Community Sports and Event Center has met with less than enthusiastic reception from some supervisors on Marinette County Board. After much discussion on Monday, March 20, the Finance Committee voted three to one to send the city's request to the Executive Committee without a recommendation.

Voting in favor of the motion to make no recommendation were committee members Don Pazynski, Janis Porfilio and Don Phillips. Supervisor Vilas Schroeder, committee chair, had supported the funding request and voted against. Supervisor Rick Polzin was absent and excused.

Before the vote, Interim Administrator John LeFebvre had presented a proposal to offer the city a low-interest loan instead of a grant for the project. He explained by his proposal the city would save the $1.5 million in interest, and the county would retain its capital and earn some interest while helping the project become a reality.

The $12 million Civic Center is to be built on property adjacent to Marinette High School. The city has explained plans to offer it for use to all schools and organizations in the county for sports, trade shows, community gatherings.

Marinette Mayor Steve Genisot had brought his proposal for financing the $12 million project to County Board at its meeting in February. He said the City Council had voted unanimously to borrow $6 million for the project, and fund raisers have pledges for contributions totaling $4.5 million from private sources. He asked the county to provide the remaining $1.5 million. He argued that the city generates a large percentage of the county's sales tax proceeds, and said the Civic Center will attract people to the county to spend more money and pay more sales taxes, in addition to improving the quality of life that will help employers attract and retain good personnel.

When he presented his lending proposal to the committee, LeFebvre explained he has been having discussion with the city regarding the $1.5 million, as well as on possible city use of the mostly vacant old law Enforcement Center adjacent to the courthouse.

He said that discussion will be going to the Executive Committee, but he also felt that discussion, plus his proposal for the loan as a possible alternative, also should be discussed by the Finance Committee.

He presented spread sheets showing possible numbers for two loans to the city, one long-term and one short-term. He has been told the city needs $10.6 million to do the construction, and he proposed loaning the entire amount. In that case, the city would not have to go to bonding, and the county's rates could be competitive enough that the city would save $1.5 million.

Supervisor Pazynski, who represents parts of the Town of Peshtigo opposed both the loan and the $1.5 million contribution.

"So you'd loan them the whole $10.6 million?" Pazynski asked.

LeFebvre proposed two loans, one for $6 million for 20 years at 1 percent interest and another for $4.5 million for five years at half a percent interest. He had estimated that interest from commercial sources for the 20 year loan would be three percent and for the five year loan would be 2.25 percent.

Pazynski didn't want to undercut local banks if they planned to be involved in the financing.

LeFebvre said it appears the city would be going through bonding with national financiers. He pointed out in the first year the county would get back $1.3 million of the initial loan amount. In part this would be possible because some of the pledges call for payments over time rather than all up front. He said the city was always looking at short term and long term loans.

"This is just a concept," LeFebvre explained. "This is another way we could assist the city to accomplish this without spending down our funds."

"This is a city responsibility. We are a County Board," declared Pazynski. "We could loan them the $1.5 million," he suggested. He said his constituents are opposed to a county contribution toward the project. He said right now the county's treasury investments are earning 2.6 percent, and repeated his arguments from prior meetings that when the hospital was sold the taxpayers of Marinette County were promised that $14 million would never be touched, but would be kept in perpetuity to reduce property taxes. "As a politician I don't see going against a promise," he declared. He said the county already is doing its part toward improving the quality of life in the city. The county provides the buildings for UW-Marinette and last year paid for repairs to the fieldhouse and the River Cities pool.

"I agree this is a good project," he declared, but urged letting the city get its money elsewhere, and letting the county keep its promise to the taxpayers.

"My constituents are very pro-active," he said. "I'd be walking into a buzz saw if I supported this!" He said one of his constituents does support the contribution.

Schroeder, who also represents parts of the Town of Peshtigo on County Board, disagreed, "We said we'd invest that money and make the best possible use of it," he declared. He said as an average the county makes only .6 of a percent on its investments.

To a question from Pazynski, Finance Director Pat Kass said interest is going up and currently he has made some long term investments at 2 percent.

"Are we in the business of making loans?" asked Porfilio.

Kass said some time ago the county did loan money to Wausaukee Enterprises and Anthony House, agencies that contract with the Health and Human Services Department.

LeFebvre said he realizes the proposed half a percent interest is a poor rate for the county, but said it isn't that much less than the current .6 percent, "and it's also an investment in our community."

County Board Chair Mark Anderson said former Board Chair George Bousley, who is current Mayor of Niagara, had called him on this issue. He said the county did not make a long term commitment not to spend the money from sale of the hospital, but was more concerned about comments made by supervisors that the county does nothing for communities up north, and cited several things that had been done. Also, the city pays about $700,000 a year toward the county Sheriffs Department, but has its own police force and seldom needs the services of county officers. The city also has the Hazmat Team that serves the entire county .

Anderson declared if the state looked at investments in communities as some are looking at this project, the Maritime Center for Excellence wouldn't be under construction in Marinette.

He repeated his contention that the county needs facilities of this sort to attract personnel for the industries that grow the local economy.

As to just loaning the city the $1.5 million in addition to the other bonding, LeFebvre felt that might push them over the borrowing limit.

"The game has changed from a gift of $1.5 million to loan the $10 million and we save our principal," Schroeder declared.

Supervisor Ken Keller said he serves on Marinette City Council and has been on County Board for 20 years, "and I don't think that's a conflict of interest." Hee said what is good for the city, or any of the county communities, is good for the county. "The county has nothing to lose and more to gain from this. This is about our citizens. "Let's make this loan!"

Pazynski was worried they might need the $6 million before the five years are up, for example if they need to build a new jail pod.

Pazynski was more receptive to the loan idea than to the contribution, but said he still had reservations. However, he promised, "I'll study this more....I could change my mind."

Supervisor Phillips suggested moving it to the Executive Committee without a recommendation, and Pazynski seconded.

"That means we're hanging on the fence and don't know which way to jump," Schroeder declared. He favored supporting the loan concept.

In other business, the committee approved several other proposals to help with Economic Development in the county, including backing of a Broadband Expansion Grant application in conjunction with Florence County. They also okayed amending the capital improvement plan for the county to postpone reconstruction work on County W from Crivitz east to Hwy. 64. The County W work in and just west of the Village of Crivitz remains in the plans for the coming construction season as recommended by the Highway Committee.


Recent stories, opinions and photos

Issue Date Department Headline
04-26-2017Community - Wausaukee
Town of Wausaukee Approves Addition to Building Ordinance

04-26-2017Community - Wausaukee
Wagner Group Plans to Start Sportsman's Club

04-26-2017Community - Wausaukee
SC Fire, Rescue to Offer Scholarship

04-26-2017Community - Wausaukee
Village Changes Zoning From Ag to Residential

04-26-2017Community - Crivitz
Poppy Days Are May 17-28

04-26-2017Community - Crivitz
CBA/CRA Community Events Now Online

04-26-2017Community - Crivitz
Crivitz Craftfest Set for May 6th

04-26-2017Community - Crivitz
Crivitz Zoning Board Meeting on May 23rd

04-26-2017Community - Coleman
Community Rummage Sale Slated May 19, 20

04-26-2017Community - Coleman
Village of Pound Car Show Set for June 24

04-26-2017Community - Coleman
Lioness Meat Raffle April 30

04-26-2017Community - Coleman
Village Board To Meet May 1

04-26-2017Front Page
Joint Finance Hears State Budget Concerns At Hearing In Marinette

04-26-2017Front Page
State Selects Pound As Home For Sex Offenders

04-26-2017Front Page
Town Of Peshtigo Appoints Holterman New Supervisor

04-26-2017Front Page
Towns Association Urges Broadband Connections

04-26-2017Front Page
State New Owner Of Popular Peshtigo River Access Site

04-26-2017Sports
AREA GOLF

04-26-2017Sports
AREA TRACK AND FIELD

04-26-2017Sports
M&O Softball

04-26-2017Sports
M&O Baseball

04-26-2017Perspectives
Country Cousin

04-26-2017Perspectives
From Our Readers

04-26-2017Perspectives
From My Window

04-26-2017Obituaries
Glen N. Belongia

04-26-2017Obituaries
Allan A. Chaloupka

04-26-2017Obituaries
Donald M. Chapman

04-26-2017Obituaries
Claudine Conrad

04-26-2017Obituaries
Janet C. Christian

04-26-2017Obituaries
Kim Y. Chung, M.D.

04-26-2017Obituaries
Charles W. Clarke

04-26-2017Obituaries
Glenn C. Feifarek

04-26-2017Obituaries
Willard P. Frederiksen

04-26-2017Obituaries
Wayne R. Funk

04-26-2017Obituaries
Lynn M. Heise

04-26-2017Obituaries
Gloria C. Henneman-O'Meara

04-26-2017Obituaries
Donald Jakups

04-26-2017Obituaries
Susan M. Meyer

04-26-2017Obituaries
Elda Miller

04-26-2017Obituaries
Aaron J. Morois

04-26-2017Obituaries
Jessie Anna Neyens

04-26-2017Obituaries
Wanda F. Osterberg

04-26-2017Obituaries
John R. Peshek

04-26-2017Obituaries
Forest Phillips Sr.

04-26-2017Obituaries
Eileen M. Polzin

04-26-2017Obituaries
Evelyn Quist

04-26-2017Obituaries
Margaret Rhodes

04-26-2017Obituaries
George F. Schmidt 

04-26-2017Obituaries
Jeffrey M. Schoenwalder

04-26-2017Obituaries
Garth R. Seehawer

04-26-2017Obituaries
Laurel Stepien

04-26-2017Obituaries
Gerald C. White

04-19-2017Obituaries
Regina Waciak

04-19-2017Obituaries
Marcella F. Tebo

04-19-2017Obituaries
Donald J. Paasch

04-19-2017Obituaries
David P. LeRoy

04-19-2017Obituaries
Ruby M. Harring

04-19-2017Obituaries
Donna Belle Gropp

04-19-2017Obituaries
Joan Ernst

04-19-2017Obituaries
Otto A. Delzer

04-19-2017Obituaries
Mary Witt

04-19-2017Obituaries
Christine Wasbotten

04-19-2017Obituaries
Kim M. Seizyk-Trudell

04-19-2017Obituaries
June E. Tordeur

04-19-2017Obituaries
Mary Smiltneek

04-19-2017Obituaries
Jerald O. Schulz

04-19-2017Obituaries
Nancy J. Schuette

04-19-2017Obituaries
James L. Pileggi

04-19-2017Obituaries
Arlene E. Peterson

04-19-2017Obituaries
Julie A. Patton

04-19-2017Obituaries
Emma A. Mueller

04-19-2017Obituaries
John Montevideo, Jr.

04-19-2017Obituaries
Emily A. McBride

04-19-2017Obituaries
Kathleen A. Darrow 

04-19-2017Obituaries
James J. Anderle 

04-19-2017Obituaries
Helen  M. Wright 

04-19-2017Obituaries
Carol J. Tebo

04-19-2017Obituaries
Joseph K. Orlando      

04-19-2017Obituaries
Ann G. Knope

04-19-2017Obituaries
Denny Dunn

04-19-2017Obituaries
Georgene Ann Duellman

04-19-2017Sports
PHS Alumni Pepper "Fore" Golf Scholarship Outing Set for June 16

04-19-2017Sports
Bulldog Track & Field Teams Claim Multi-Team Meets

04-19-2017Sports
Peshtigo Refuses to Relinquish 1st

04-19-2017Sports
Coleman and Niagara to Play for Top Spot in M&O

04-19-2017Perspectives
Country Cousin

04-19-2017Perspectives
From our readers

04-19-2017Perspectives
From My Window

04-19-2017Community - Wausaukee
Legion Auxiliary Unit 66 Has 65 Paid Members

04-19-2017Community - Wausaukee
Hearing Discontinue Town Public Way

04-19-2017Community - Wausaukee
Presbyterian Churches List Worship Leaders

04-19-2017Community - Wausaukee
Athelstane Town Board Awards Roads Bids

04-19-2017Community - Crivitz
Country Gospel Jam April 21

04-19-2017Community - Crivitz
Benefit Golf Scramble at Crivitz on June 10th

04-19-2017Community - Crivitz
Crivitz Elementary WPTO 5K Run/Walk May 13th

04-19-2017Community - Crivitz
Crivitz Craftfest Set for May 6th

04-19-2017Community - Coleman
Chickens, Garden Topics at Library

04-19-2017Community - Coleman
Sonny Seymour To Mark Third Birthday

04-19-2017Community - Coleman
Community Rummage Sale Slated May 19, 20

04-19-2017Community - Coleman
Equity Club Re-Elects Officers at Annual Meet

04-19-2017Front Page
Puncer Open Raised $3400 for Charities

04-19-2017Front Page
Tricia Grebin Seated On Marinette County Board

04-19-2017Front Page
Proposed State Budget Good For Peshtigo School Finances

04-19-2017Front Page
Peshtigo Chamber Announces 2017 Persons of the Year

04-19-2017Front Page
Denise Wiedemeier Assumes Role as New Town of Peshtigo Chair

04-12-2017Front Page
Convenience Store Burglars Caught After 2-Day Chase

04-12-2017Front Page
Citizens School Building Committee Meets April 17

04-12-2017Front Page
Peshtigo Council To Reorganize April 18

04-12-2017Front Page
Auditor: 2016 Was Good Year For City of Peshtigo Budget

04-12-2017Front Page
CBA/CRA Salute Nick Witt as 2017 "Person of the Year"

04-12-2017
Silver Cliff Card Party Honorees

04-12-2017Community - Wausaukee
Wagner Board Meeting April 18

04-12-2017Community - Wausaukee
Wausaukee Jr/Sr High School 3rd Quarter Honor Roll Listed

04-12-2017Community - Wausaukee
Writers Lunch at Wausauke

04-12-2017Community - Crivitz
SC Fire, Rescue to Offer Scholarship

04-12-2017Community - Crivitz
Crivitz Craftfest Set for May 6th

04-12-2017Community - Crivitz
Crivitz Egg Hunt Apr. 15

04-12-2017Community - Crivitz
Crivitz Middle School 3rd Quarter Honor Rolls Listed

04-12-2017Community - Coleman
Fish Fry Good Friday at Equity

04-12-2017Community - Coleman
Pound Hillside North Family Easter Event

04-12-2017Community - Coleman
Coleman High School 3rd Quarter Honor Roll, Perfect Attendance

04-12-2017Community - Coleman
Coleman Middle School Lists 3rd Quarter Honor Roll, Perfect Attendance

04-12-2017Sports
Marines Fall Twice in NEC, Oconto Falls Splits Games

04-12-2017Sports
AREA GOLF

04-12-2017Sports
AREA TRACK AND FIELD

04-12-2017Sports
M&O Softball

04-12-2017Perspectives
Country Cousin

04-12-2017Perspectives
From our readers

04-12-2017Perspectives
From My Window

04-12-2017Obituaries
Thomas J. Ausloos

04-12-2017Obituaries
Carol J. Blomquist

04-12-2017Obituaries
Richard C. Baribeau

04-12-2017Obituaries
David W. Cain

04-12-2017Obituaries
Frederick J. Charles

04-12-2017Obituaries
Judith Corey

04-12-2017Obituaries
Norman Damp

04-12-2017Obituaries
Viola Jashinsky

04-12-2017Obituaries
Randy I. Konell

04-12-2017Obituaries
JoAnn Kowalkowski 

04-12-2017Obituaries
Jerome M. Lemsky

04-12-2017Obituaries
David P. LeRoy

04-12-2017Obituaries
Henry R. Miller

04-12-2017Obituaries
Elizabeth C. Olsheske

04-12-2017Obituaries
John P. Przewrocki

04-12-2017Obituaries
Bernice B. Stone 

04-12-2017Obituaries
Carol J. Wyttenback

04-06-2017Obituaries
David Yudes

04-06-2017Obituaries
Helen Weinschrott

04-06-2017Obituaries
Eugene Tachick

04-06-2017Obituaries
Kenneth H. Rosner


space
Peshtigo Times
WEB Poll!
Do you think President Trump being tough with North Korea is the thing to do?
space Yes
No
Undecided
space
TO VOTE CLICK
YES, NO or UNDECIDED

Suggest a Question
space .
space
FRONT
space
.
space
CLASSIFIEDS
space
.
space
COMMUNITY
space
.
space
GUEST BOOK
space
.
space
NEWS
space
.
space
OBITS
space
.
space
PERSPECTIVES
space
.
space
SPORTS
space
.
space
SUBSCRIBE
space
.
space
.
space
PESHTIGO FIRE
space
.
space
CUSTOM PRINTING
space
.
space
TIMES' SAVER
space
.
space
Click for Peshtigo, Wisconsin Forecast
FORECAST
space
Quick...
News or Ad Search
Enter News key words.
Enter Ad key words.



Peshtigo Times
841 Maple St
PO Box 187
Peshtigo, WI 54157
Phone: 715-582-4541
Email:
News@
PeshtigoTimes.com

space
Fax: 715-582-4662
© 2000-2017
All right reserved
space
Powered by
WEB Media
Interactive
COMMUNITY
WEB sites