NEWS
City of Bowie to rebid its energy project
In an effort to generate more bidder interest in its energy project, the Bowie City Council voted to rebid the qualified energy conservation bond proposal with a few recommended enhancements.
At Tuesday night’s council session Paul Jasin, managing director with Specialized Public Finance, said the city received two request for proposals to finance the $3.7 million project and neither met the specifications.
Financing is being sought through the Texas Local Government Code which allows cities to update their infrastructure through an energy performance contract financed through an energy conservation low interest plan. Bowie’s project has been approved by the Texas Bond Review Board for a $4.1 million allocation based on its projected energy savings of $7.4 million over the 20-year life span of the project.
The QEBC is not actually a bond, but an interest rate subsidy through the U.S. Department of the Treasury. It is anticipated the interest rate will be less than one percent. In the process an investor purchases the project and receives a tax credit in lieu of receiving a market interest rate on the bond. Jasin recommends the city rebid the proposals and enhance it with a tax pledge, which they believe will get more bank bids and lower interest, as well as provide flexibility for the tax credit. Read the full story in the weekend News.
A Wednesday morning rollover on State Highway 59caused a vehicle to catch fire but had no injuries.
Montague County Public Information Officer Sgt. Aaron Randle said the call came in around 7:30 a.m. at the intersection of SH 59 and Nobile Road. When Montague Volunteer Fire Department firefighters arrived, the 2008 Chevy pickup had rolled over and was fully enguled in flames. The17-year-old adult driver was out of the vehicle.
Brandle said the fire was under control at 8:06 a.m. Bowie Emergency Medical Services was also on the scene.
By BARBARA GREEN
editor@bowienewsonline.com
The City of Nocona has been nominated as a rural Opportunity Zone by Texas Governor Greg Abbott and Mayor Christopher Nunneley said they will begin “pitching” this federal tax angle to potential businesses.”
At a Tuesday afternoon press conference Nunneley, Donna Culpepper, executive director for the Nocona Economic Development Corporation and Michelle Page of the Nocona Chamber of Commerce announced the nomination and offered a brief overview of the federal tax incentives that can become available.
Read the full story in the Thursday Bowie News.
Remember Sept. 11 2001, 25 years later
While history will remember Sept. 11, 2001 among the darkest days in America’s history, it also is a day marked not only by tremendous heroism and bravery by first responders, but also every day Americans from all walks of life who showed the world our country would not be intimidated by terrorism.
There were 2,996 people killed during the attacks on Sept. 11, 2001 including 343 firefighters and paramedics, 23 New York city police officers and 37 Port Authority police officers. Tens of thousands more suffered in the aftermath due to exposure to chemicals and industrial debris.
The Bowie News editor asked some local lawmen, firefighters, a pilot and two retired FBI agents their memories of this tragic day and how their jobs were impacted by the events. We thank them for sharing their reflections.
Read the full feature in your Thursday Bowie News.
-
NEWS3 years agoSuspect indicted, jailed in Tia Hutson murder
-
NEWS4 years ago2 hurt, 1 jailed after shooting incident north of Nocona
-
NEWS4 years agoWreck takes the life of BHS teen, 16
-
NEWS3 years agoSO investigating possible murder/suicide
-
NEWS3 years agoMurder unsolved – 1 year later Tia Hutson’s family angry, frustrated with no arrest
-
Show us something good9 years agoCountry music star children perform in Bowie
-
100th Birthday4 years agoLooking back at the 1958 Centennial edition of The Bowie News
-
NEWS3 years ago
Sheriff’s office called out to infant’s death