Archive for the ‘Economy’ Category
City gets ‘ducks in row,’ crosses fingers for federal money
Posted by Jacob Barker on Tuesday, March 2nd, 2010 Categories: Uncategorized
A public hearing for an extension of Discovery Parkway from U.S. 63 to the intersection of New Haven Road and Rolling Hills Road got support from the council and representatives of MU’s South Farm complex Monday. The problem is there’s no money to pay for it.
As City Manager Bill Watkins explained, the public hearing was [Click Here]
Top 5 reasons Columbia & Google are good for each other
Posted by Scott Wendling on Monday, March 1st, 2010 Categories: Uncategorized
There is a buzz going around Columbia about Google’s competition. They are choosing a small number of communities to install fiber optic communication lines throughout the community. It came to my attention that most people read that as “so…they’re going to give me faster internet?” The short answer is yes, but that is a side effect [Click Here]
Conley Road extension on shaky ground
Posted by Jacob Barker on Tuesday, January 26th, 2010 Categories: Uncategorized
Have you ever found yourself at the eastern end of Business Loop 70, wishing you could just zip down past the Walmart to Broadway? Well, the city’s had that idea in mind for years, identifying an extension of Conley Road to Business Loop in its Major Thoroughfare Plan. The Missouri Department of Transportation has, too, [Click Here]
Large new commercial development in the works
Posted by Jacob Barker on Monday, January 25th, 2010 Categories: Uncategorized
If a rezoning proposal manages to wind its way through the city government, Grindstone Parkway could become an even more prominent commercial hub.
Red Oak Investment Company is applying to rezone 25 acres from agricultural to planned commercial on the south side of the street across from the Walmart. It would be one of the largest [Click Here]
How bad does the city want to save green?
Posted by Scott Wendling on Wednesday, December 30th, 2009 Categories: Uncategorized
Columbia is considered a tree hugging town by many people. We have many parks, increasing restrictions on development and preservation, and trees lining downtown. Heck, the city even wanted to put grass on the roof.
We also know the financial woes the city is under. Tax revenues are down and the city is looking to save [Click Here]
Sparky’s is Still Open
Posted by Jonathan Sessions on Friday, October 30th, 2009 Categories: Uncategorized
In this weeks edition of CBT Tracy and I wrote about Sparky’s homemade ice cream. While speaking to an unidentified Sparky’s source this evening, I wanted to confirm Sparky’s will not close November 1st specifically, but rather at some point this fall as the weather dictates. Sparky’s will then reopen when the temp warms back [Click Here]
CoMo high on Best Sports Cities list
Posted by David Reed on Thursday, October 22nd, 2009 Categories: Uncategorized
Back in August, the CBT held a Power Lunch on Sports & Business in which sports industry administrators and Julie Ausmus of the Convention and Visitor’s Bureau talked about the economic power of Columbia’s sports industry.
Today, CVB Director Lorah Steiner pointed out that Columbia was recognized in the October 12 issue of The Sporting News [Click Here]
Columbia Business Community: The Week Ahead
Posted by David Reed on Monday, October 5th, 2009 Categories: Uncategorized
Should the city use federal funds to build a bike boulevard on the northeastern edge of downtown? That’s one of the big questions the city’s elected officials and administrators will answer this week.
The City Council will consider the bike boulevard proposal during the public hearing segment of its meeting tonight at City Hall. The boulevard would [Click Here]
Nixon taps Kansas City attorney for Highway Commission
Posted by Jason Rosenbaum on Tuesday, August 11th, 2009 Categories: Uncategorized
Gov. Jay Nixon appointed a Kansas City attorney to replace car deal Mike Kehoe on the state Highways and Transportation Commission.
Nixon appointed Stephen Miller to the board that oversees transportation issues percolating around the state. He replaces Kehoe, who resigned earlier this summer to pursue a state Senate bid.
According to a press release from Nixon’s [Click Here]
McCaskill says no mas on “Cash for Clunkers”
Posted by Jason Rosenbaum on Friday, July 31st, 2009 Categories: Uncategorized
In between listening to my favorite musical tunes, I’ve heard many radio advertisements lately promoting the so-called “Cash for Clunkers” program.
The initiative – formerly known as the Car Allowence Rebate System – is a congressional initiative meant to spur consumers to trade less-than-stellar vehicles for newer, more fuel efficient cars. The program offered anywhere from [Click Here]
State ratchets up minimum wage
Posted by Jason Rosenbaum on Friday, July 24th, 2009 Categories: Uncategorized
Missouri’s minimum wage officially went up to $7.25 today – and it may be going up even more in the near future.
The state’s labor department announced the hike today, which affects businesses with a gross income of more than $500,000. The rate went up because of a state law requiring Missouri’s minimum wage to match [Click Here]
What TIF taught me
Posted by Scott Wendling on Wednesday, July 22nd, 2009 Categories: Uncategorized
I am not really for or against the city’s approval of using a TIF structure for the two proposed downtown projects. I like the idea of Columbia becoming more attractive and as a commercial real estate professional I always welcome the opportunity for free government money in a project (actually not free money, it costs [Click Here]
Koster accuses Audrain County resident of Ponzi scheme
Posted by Jason Rosenbaum on Monday, July 20th, 2009 Categories: Uncategorized
Attorney General Chris Koster filed charges against an Audrain County grain dealer today for operating what he said was essentially a massive Ponzi scheme.
Koster filed 12 felony charges against Cathy Gieseker of Martinsburg, arguing that she bilked 180 farmers out of nearly $27 million. Koster said Gieseker sold grain for farmers through two companies, promising [Click Here]
Thank You, Sir! May I Have Another?
Posted by Joe Schmitter on Wednesday, July 8th, 2009 Categories: Uncategorized
“That will be $68.75,” said the clerk as I was recently purchasing a gift. I handed him my debit card, punched in my pin #, and waited for the computerized register to verify I wasn’t a deadbeat trying to buy something without having sufficient funds in my checking account. In a few seconds, the computer [Click Here]
California Issues IOU’s
Posted by Scott Wendling on Sunday, July 5th, 2009 Categories: Uncategorized
What would you do if instead of receiving your state tax refund you were given an IOU by the state? That is exactly what California is doing by issuing their own currency. The money is called “Individual Registered Warrants” which is an IOU from the California government that will mature in October, assuming California is [Click Here]