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Bonding Approved For New Mitchell County Courthouse

Created: 05/20/2014 2:30 PM KAALtv.com

Mitchell County Supervisors gave the final go ahead to build a new courthouse.

The board approved by a 2 to 1 margin the sale of nearly 9 million dollars in General Obligation bonds to repay the loan to build the new facility.

Supervisors Joel Volklander and Stan Walk voted in favor of the bond sale with Shannon Paulus casting the no vote.

Volklander tells ABC 6 News that the bid will be awarded to Henkel Construction of Mason City as the General Contractor with work to start sometime after contracts are signed June 3rd.

The old courthouse was demolished in February after serving county residents since 1858.

Still to be decided are if the bonds will be paid off on a 10 or 20 year note.

Either way, Voklander says the bond will be paid off through tax increment financing from Mitchell County wind farms and county wide local option sales tax revenue.

Artists rendering of the new courthouse in Mitchell County Iowa