THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT ANNOUNCED IT’S FIRST ROUND OF MAIN STREET ECONOMIC REVITATLIZATION AWARDS, TOTALING UPWARDS OF $39 MILLION. WHEN A SECOND ROUND IS DONE, THE PROGRAM IN TOTAL WILL REACH $80 MILLION. GROUPS WORKING FOR THE COMMERCIAL DISTRICTS IN PARK RAPIDS AND VIRGINIA WERE RECIPIENTS, ALONG WITH A GROUP WORKING WITH WORKING WITH THE POOREST NEIGHBORHOODS IN DULUTH WAS ANOTHER. THE SECOND ROUND OF FUNDING WILL BE ANNOUNCED IN MARCH.
THE NORTHWEST ANGLE LOAN PROGRAM, $5 MILLION THAT WAS OPEN TO ANY REMOTE RECREATIONAL BUSINESS IN THE AREA THAT LOST MORE THAN 30 PERCENT OF IT’S REVENUE BETWEEN MARCH OF 2020 AND 2021, HAS NOW HANDED OUT $2.6 MILLION IN 25 SEPERATE LOANS. THE LOANS CAN BE WORTH UP TO 75 PERCENT OF A BUSINESS’S GROSS ANNUAL INCOME FOR 2020, WITH A $500,000 MAXIMUM.
A FOLLOWUP ON THE STORY OF BOB CAMERON, THE KITTSON COUNTY VETERAN, WHO HAD BEEN STUCK IN THE HALLOCK HOSPITAL, IN NEED OF SPECIALIZED CARE, BUT COULD NOT FIND AN AVAILABLE BED AT A LARGER FACILITY DUE TO THE COVID CRISIS, HAS DIED AT THE AGE OF 87. AFTER WAITING TWO DAYS, HE WAS TRANSFERRED TO FARGO ON TUESDAY, AND THEN PASSED LATE WEDNESDAY EVENING.
THE ROSEAU COUNTY BOARD HAS APPROVED THE SALE OF BONDS TO RE-FINANCE THE COUNTY JAIL, WHICH WAS BUILT IN 2006. CITIZENS STATE BANK OF ROSEAU PURCHASED THOSE BONDS AT A ONE PERCENT INTEREST RATE. THE RE-FINANCING WILL SAVE THE COUNTY ABOUT SIXTY THOUSAND DOLLARS OVER THE NEXT FIVE YEARS.
THE ROSEAU COUNTY BOARD, THIS WEEK, MET WITH AUDITOR COLLEEN HOFFMAN – WHO OFFERED AN UN-MODIFIED OPINION OF THE 2020 AUDIT, SAYING “EVERYTHING’S GREAT IN ROSEAU COUNTY”. HOFFMAN SAID THE COUNTY’S NET WORTH IS MORE THAN EIGHTY-FOUR MILLION DOLLARS, UP TWO-POINT-THREE MILLION FROM THE PREVIOUS YEAR.
THE ROSEAU COUNTY BOARD RE-APPOINTED RICK SIKORSKI TO THE TWO RIVERS WATERSHED BOARD.
Last modified: 10/15/2021
