SINCE WE LAST MET investment firmâs long-term intentions with the Paper Valley, though such concerns have since been allayed. Discussions remain ongoing between city and Outagamie County officials to acquire a nearby county-owned parking lot on which much of the proposed convention center would be constructed.
August 6 Village of Hortonville officials learned a proposed expansion of State Road 15 to a four-lane, divided highway between New London and Greenville will be delayed to a 2018-20 timeframe as opposed to the previously anticipated 2016-18 timeline due to expected shortfalls in state highway funding. The estimated $115 million project includes a bypass to the north of Hortonville.
August 6
4.2 The percent increase in general purpose tax collections in Wisconsin during fiscal 2013, up from $13.51 billion in FY 2012 to $14.09 billion for the 12-month period ended on June 30, 2013. Source: Wisconsin Department of Revenue
Officials from St. Maryâs Springs Academy in Fond du Lac announced a $21.3 million campaign to construct a new 3K through 8th grade campus near the current high school on Fond du Lacâs far east side. The Catholic parochial school system indicated itâs already raised $15.4 million toward the campaign, which will also set aside funds for financial aid and student bussing from distant outlying areas.
August 6 The Wisconsin Economic Development Corp. approved WeMontage of Neenah as eligible to receive early stage tax credits through the stateâs Qualified News Business Venture tax credit program, which allows investors in the online image web site eligible for a 25 percent tax credit on the amount they invest in the business.
August 7 Violent thunderstorms, straightline winds exceeding 100 miles per hour and six confirmed tornadoes swept through Outagamie County, downing powerlines and causing an estimated $31 million in damage to thousands of trees and structures across the Fox Cities. More than 70,000 electrical utility customers were without power across the region for a few days. Outagamie County was declared a disaster area by the federal government, allowing business and home owners affected by the storms eligible for low-interest loans through the U.S. Small Business Administration to help cover repair costs and income loss that isnât otherwise covered by insurance.
August 9 Lawrence University in Appleton received a $250,000 gift from Stevens Point-based Sentry Insurance Foundation in honor of retiring Sentry Chairman Dale Schuh, a Lawrence alumnus who worked more than 40 years with the insurance carrier. Schuh has served on Lawrenceâs Board of Trustees since 2008, and led the effort to select and recruit Mark Burstein, who took the helm as Lawrence University president this past July.
August 12 Convergys announced plans to hire 145 employees at its office in Greenville to accommodate growing demand from its clients in the telecommunications and technology industries. 8 l NEW NORTH B2B l SEPTEMBER 2013
The new positions include 120 in sales and customer service and 25 sales account managers.
August 14 Wisconsin Economic Development Corp. launched its new Idle Industrial Site Redevelopment Program providing grants of up to $1 million to communities for redevelopment of industrial sites larger than 10 acres that have been idle, abandoned or underutilized for at least five years or more. The agency is making a total of $3 million in grants available annually to be used for demolition, environmental remediation or site-specific improvements defined in the communityâs redevelopment plan.
August 19 Wisconsin Department of Transportation officials indicated the proposed expansion of State Road 23 to a four-lane, divided highway between Fond du Lac and Plymouth wonât begin until 2018 â a three-year delay from the previous start date of 2015 â due to expected shortfalls in state highway funding and a continuing legal battle with 1000 Friends of Wisconsin who opposes the highway expansion. The threeyear, estimated $140 million project was originally scheduled to begin work in 2013, but faced an initial delay to the start of the project announced in 2010.
August 20 The City of Green Bay Common Council approved $2.3 million in tax incremental financing toward Middleton-based T. Wall Enterprisesâ development of a five-story, 84-unit riverfront apartment tower at the downtown corner of Main and Washington streets. Known as City Deck Commons, the $10 million construction project is expected to begin later this year and could be completed by summer 2014.
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