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THIS PAGE SPONSORED BY PETERSON ANTHONY INSURANCE
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10/17/2012
THE MARTIN COUNTY BOARD TUESDAY APPROVED DISIGNATION OF NORTHLAND SECURITIES OF MINNEAPOLIS AS UNDERWRITER FOR FUTURE ISSUANCE OF GENERAL OBLIGATION DITCH BONDS. DITCH COUNSEL BILL FAHEY TOLD THE COMMISSIONERS ABOUT THE PLAN TO SELL 3 YEAR TEMPORARY BONDS FOR THE PROJECT COSTS; EITHER AT MATURITY OR SOONER . THE COUNTY COULD REDUCE THE PRINCIPAL WITH ANY PREPAID ASESSMENTS. WHEN THE TEMPORARY BONDS MATURE THE COUNTY WOULD SELL GO DITCH BONDS FOR THE REMAINING LIFE OF THE ASSESSMENTS. THE COUNTY WILL BE LOOKING AT 16 YEAR BONDS AT 1.70 PER CENT INTEREST IN THE JUST OVER 2 MILLION DOLLAR BOND SALES.
THE COMMISIONERS APPROVED THE D N R ACQUISITION OF APPROXIMATELY 41 ACRES FROM THE FOX LAKE CONSERVATION LEAGUE LOCATED IN SECTION 20 AND 21 OF CENTER CREEK TOWNSHIP AND APPROXIMATELY 65 ACRES FROM THE MARTIN COUNTY CONSERVATION CLUB LOCATED IN SECTION 20 OF CENTER CREEK TOWNSHIP TO BE PART OF THE NEW CENTER CREEK WILDLIFE MANAGEMENT AREA.
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ROD HALVORSEN
© 2010 KSUM.
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