Columbus to save $500k+ with Commons refinancing

Aug 2, 2017 39

Columbus City Council gave its first approval to a plan to save the city more than half a million dollars. The council last night approved a proposal from its financial advisors to move forward refinancing the $9 million in bonds used to build The Commons. Finance director Jamie Brinegar explains that the savings would amount to about $53,000 annually, or about $530,000 in savings over the remaining life of the bond. Brinegar says the city would be able to use that $53,000 a year for other projects and initiatives. That savings includes all the fees and expenses of the refinancing. The refinancing would allow the city to cut the interest rate in half. The existing bonds were financed at about 4 percent, but the new bonds would be at about 2 percent interest rate. Councilman Frank Jerome wondered whether there would be larger savings if the city kept paying the same, larger annual payments it is already paying, but paid the bonds off more quickly. However Mayor Jim LIenhoop and... ...

Cummins announces increase in second quarter revenue

Aug 1, 2017 41

Cummins Inc. enjoyed a 12-percent increase in revenues for the second quarter of 2017, compared to the same quarter last year. Company officials say that second quarter revenues totaled $5.1 billion. They credit higher demand for trucks and construction equipment in North America and China, along with stronger sales to customers in the fields of mining and oil & gas exploration. Cummins says that revenues in North America increased 13 percent and international sales grew 11 percent due to strong demand in China and India. Net income attributable to Cummins in the second quarter was $424 million ($2.53 per diluted share), compared to $406 million ($2.40 per diluted share) in the same quarter last year ago. Earnings before interest and taxes (EBIT) was $620 million, or 12.2 percent of sales, compared to $591 million or 13.1 percent of sales a year ago. “We delivered strong revenue growth in all four operating segments in the second quarter due to improving conditions in a number of important markets where we also have... ...

Medora recycling center to open Wednesday morning

Aug 1, 2017 75

Rumpke Recycling, along with the Indiana Department of Environmental Management and the Jackson County Recycling District, will unveil Rumpke’s new Medora Recycling Center during a grand opening and ribbon cutting ceremony on Wednesday. Rumpke officials say the new Medora Recycling Center features a 5,540 square foot concrete pad with an enclosure to protect a recycling baler and collected recycling material. Recyclables will come from residential and commercial customers in the surrounding area. The new center allows for single stream recycling, where residents mix all recyclables into a single container, and a single truck collects the items. Company officials call the center “one of most innovative single stream recycling systems in rural Indiana.” Rumpke says that the project was partially supported by an $87,425 grant from IDEM’s Recycling Market Development Program. Rumpke funded the remaining balance of the $625,000 project. “The Medora Recycling Center will allow Rumpke to expand its curbside and business recycling programs and improve accessibility to recycling throughout southern Indiana,” said Steve Sargent, Rumpke director of recycling. “We’ve... ...

Authorities urge patience and safety as school year begins

Aug 1, 2017 52

Wednesday marks the start of as new school year for the Bartholomew Consolidated and Flat Rock-Haw Creek school corporations. Public safety officials are urging you to be prepared and aware of kids and state laws. Major Chris Lane, with the Bartholomew County Sheriff’s Department, says you need to pay attention to school buses. Lt. Matt Harris, with the Columbus Police Department, says that it’s important for drivers to pay attention and understand that their morning drive will be different than it’s been over the summer… Authorities say that the only time that traffic in the opposite direction doesn’t have to stop is when the lanes are separated by a curbed or grassy median. Both the sheriff’s department and Columbus Police say they will have officers out paying extra attention around school buses and campuses to help insure a safe start to the school year. ...

Wanted man found riding bicycle

Aug 1, 2017 46

Columbus police arrested a man yesterday who was wanted on several warrants. That’s after they recognized him riding a bicycle. 25-year-old Tyler J. Cook was wanted on three warrants from Bartholomew County courts including one for criminal contempt, and two for failing to show up to court. Officers noticed him riding a bike near Hege and Kentucky avenues at shortly before 5 Monday afternoon. While searching him they also allegedly discovered a glass pipe and marijuana, says Lt. Matt Harris, spokesman for the Columbus police. In addition to the warrants, he is facing new charges of possession of marijuana and drug paraphernalia. ...

49 Weird Things We All Do

Aug 1, 2017 156

I was checking out Buzzfeed the other day, and came across a post that spoke to me. Do you hear it? “Braaaaddddd, these are all you!” ...

New text alert system in place for BCSC families

Aug 1, 2017 52

Bartholomew Consolidated schools have switched to a new text alert system for emergencies and school closing information sent directly to your cell phone. School officials say that even if you were signed up for the previous system, you still must sign up for the new program, called Blackboard. Text messages are free to sign up for, but normal messaging rates apply through your cell phone provider. Emergency E-alerts are sent by BCSC when there will be a school closing, delay or early dismissal or if there is an emergency announcement. You can find more information and sign up on the school website at bcsc.k12.in.us. Today is the final day of summer break for many area students. Classes resume on Wednesday for Bartholomew Consolidated and Flat Rock-Hawcreek students.. Authorities ask that you take extra care while driving tomorrow, and be mindful that children and school buses will be active during the morning rush hour. Jennings County and Seymour Community Schools are back in session on August. 8th. ...