New Ulm City Council Recap 16 Apr 14

The New Ulm City Council had a 7-minute long meeting on Tuesday. Part of the council’s Consent Agenda was to receive a report on city sales tax collections, which saw a major jump in January when collections nearly doubled to $120,000. The half-percent sales tax that New Ulm has collected since 2000 is intended to pay off bond debt for the construction of the New Ulm Civic Center, as well as improvements to the New Community Center and Vogel Arena. In other business Tuesday, the city council approved the early retirement of General Obligation Bonds, which Councilor Ken RockVam commented helps keep the city’s taxes down. The council also approved a $70,000 loan from the New Ulm EDA to the city’s Milford Heights affordable housing project. This is the 6th such loan the city has done. An annual request from Martin Luther College to allow extra parking on North Highland Avenue during graduation ceremonies on May 16th and 17th was approved as well.