Riley County BOCC January 13, 2011
All present.
Lyle Butler, Manhattan Area Chamber of Commerce reported on new businesses opening in the downtown redevelopment north end. These include Longhorn Steakhouse which will open soon. A little later Long John Silver, Noodle Company will open and then Dick’s Sporting Goods in the Summer. He said that there are other businesses investigating Manhattan, many in connection with KSU and involving largely biotech and related fields. Some “call center” companies have expressed interest in the two empty “call center” buildings but are offering low wages unless they are given “incentives”.
Eileen King, Treasurer presented the monthly financial reports. She said that investment income and year-to- date interest are lagging behind the budgeted amounts ($268,508 compared to budgeted $300,000). Interest rate on the active checking account is 0.15% and interest on the CD’s is 1.05% However, sales tax amount budgeted was $2,000,000 but came in at $3,123,684. - $1,123,684 over the budgeted amount.
Julie Merklin observer
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