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FTX’s Bankman-Fried faces new charges in updated indictment

NEW YORK (AP) — FTX founder Sam Bankman-Fried faces additional fraud charges in a rewritten indictment that was unsealed in New York federal court. The new charges were included in an updated indictment unveiled Thursday. It wasn’t known when Bankman-Fried would return to Manhattan for an arraignment. He has already pleaded not guilty to charges that he cheated investors out of billions of dollars and looted customer deposits at FTX, his cryptocurrency platform. Bankman-Fried is free on a $250 million personal recognizance bond. The bail arrangement allows him to live with his parents in Palo Alto, California.

Study details state economic impact from U-I, ISU, UNI

A new study shows the three state universities add $14.9 billion to the state economy.

The study from the labor market analytics firm Lightcast shows the contributions from the University of Iowa, Iowa State University and the University of Northern Iowa were equal to approximately 7.1% of the total gross state product of the state. The study notes university activity supports 198,837 jobs in the state, which is one out of 10 jobs in Iowa, and returns nearly three dollars for every taxpayer dollar spent.

The study also outlines the impact of student education, alumni, and extension and outreach services. The universities have touted their impact on the state as they seek more state dollars from the legislature and governor.

You can see more details on the report here.: https://www.iowaregents.edu/reports/economic-impact-reports-fy-2021-22

Mahaska County Courthouse Announces Modified Hours for Monday, Feb. 27

OSKALOOSA — The Mahaska County Auditor’s Office has announced changes to open hours for the Mahaska County Courthouse for Monday, February 27.

The County Attorney’s office, Clerk of Court, and Recorder’s office will be open from 8am-12pm. Meanwhile, the county Assessor, Auditor, GIS/Information Tech, and Treasurer/Auto/Drivers License offices will be closed all day.

For questions, contact the courthouse at 641-673-4940.

Roadway over Red Rock Dam to experience partial and full closures to traffic beginning February 27

KNOXVILLE, Iowa – The U.S. Army Corps of Engineers, Rock Island District, announces temporary single-lane road closures to Highway T15 across the Red Rock Dam beginning February 27. Closures will only be in effect Monday through Friday each week. The road will be fully open to traffic on the weekends during this period. Partial closures are expected to last five weeks and are necessary for preventive maintenance to the Red Rock Dam.

Starting April 5, a full road closure to Highway T15 over Red Rock Dam is scheduled and will last through approximately May 30. During that time, a detour will be in place. Additional partial and full road closures may be needed through 2024 for rehabilitation projects on the dam.

For more information, please contact the US Army Corps of Engineers at Lake Red Rock at 641-828-7522 or via email at lakeredrock@usace.army.mil.

No cow needed: Oat and soy can be called milk, FDA proposes

WASHINGTON, D.C. (AP) — Draft U.S. rules would allow soy, oat, almond and other drinks that bill themselves as “milk” to keep using the name. The Food and Drug Administration says plant-based beverages don’t pretend to be from dairy animals and U.S. consumers aren’t confused by the difference. Dairy producers have called for the FDA to crack down on the use of the term milk. The rules released Wednesday also call for voluntary extra nutrition labels that note when the drinks have lower levels of nutrients than dairy milk. In recent years, the number of plant-based drinks has exploded to include dozens of varieties, including cashew, coconut and hemp.

Supreme Court hears arguments in open records lawsuit against Governor Reynolds

By Dar Danielson (Radio Iowa)

The Iowa Supreme Court heard arguments in a request by the state to dismiss a lawsuit against the governor over the release of public records during the COVID pandemic.

The records were released 18 months after the request when the lawsuit was filed by the Iowa ACLU on behalf of journalists. The attorney for the governor, Eric Wessan, says the administration followed the law because it never denied the request. “In order to find a violation, there has to be a refusal. There was no refusal here, as is evidenced by the fact that Governor produced all of the responsive records,” Wessan says.

Chief Justice Susan Christensen says this approach could require anyone who requested open records to eventually hire a lawyer to get an agency to comply. She says that could be expensive and some people could not afford to do that. “What can someone do not have to hire a lawyer to make it happen?,” Christenson asked. “To avoid hiring a lawyer, an individual requester can try to clarify a timeline. They can say, can you turn this over in a certain period of time?,” Wessan responded.

The attorney for the ACLU, Thomas Story, says the state should not be allowed to stall and force a lawsuit. “The thing that is missing from the state’s argument is sort of the bottom line assumption of these laws, which is that public records are the public’s records,” He says. “The state is holding them for us. Right. They’re a trustee and that means that they have a duty to provide them to the public promptly upon request.” Wessan says it’s an important part of democracy.

Wessan says the governor’s office gave very little response to the records request other than to acknowledged they received the request. He says there should be some reason given for not producing the records. “That’s the test right, what about the size. Did it ask for voluminous records. What about the nature? Did it require substantial review and redactions? these are things we are asking about. I am not asking the governor’s office to tell me about everything it was doing,” Story says. He says the strategy was to delay and force a lawsuit. “This was just straight ignored by the lawful custodian at the highest level of government.” he says.

The Supreme Court will issue its ruling at a later date.

Pella City Council Approves 2023 Bos Landen Golf Course Fees

By Sam Parsons

The Pella City Council met earlier this week and finalized the 2023 Bos Landen Golf Course fees. 

This will be the first year that the city will be fully responsible for course operations. In a staff memo to the council, the new fees were described as being “comparable to similar golf courses and consistent with previous years when the course was operated by management firms.” Minimum and maximum fees were set and some of the highlights included a single membership fee totaling between $1,600 (min) and $2,200 (max), a family membership fee totaling $2,300 (min) to $3,500 (max), lessons ranging from $20-200, and greens fees ranging from $10-75 for both 9-hole and 18-hole rounds. The full breakdown is available on the Pella city website and the new fee structure was approved unanimously.

The council also received an update on their sidewalk inspection program. This past year, the city inspected sidewalks primarily in the southwest quadrant of the city after inspecting the northeast and northwest parts of the city in 2018 and 2019. City administrator Mike Nardini gave some of the key numbers from the inspection and what comes next for the city.

The council agreed that they will most likely address the defective panels through the same process they have used previously, though no action was taken this week.

Oskaloosa Council Approves FY2024 Maximum Property Tax Dollars

By Sam Parsons

The Oskaloosa City Council met earlier this week and held a public hearing on their Maximum Property Tax Dollars for the upcoming fiscal year. The total tax levy represents a 12.66% increase from the previous year and Mayor Dave Krutzfeldt provided some reasoning behind that.

The total tax levy in the amount of $5,351,633 was approved without objection.

The council also discussed an application from Clow Valve to the Iowa Economic Development Authority’s High Quality Jobs Program. The company is planning a major expansion to their Oskaloosa iron foundry on 17th Avenue East with an estimated construction cost of nearly $70 million. The application to the IEDA’s High Quality Jobs Program, which in this case incentivizes job retention for the planned upgrades, requires a local match, which will come in the form of a 10-year tax abatement estimated to total $1,157,142. The exemption will occur after construction is completed. The resolution approving the application was passed.

Osky Boys Fall at Newton in Playoffs

By Sam Parsons

The Oskaloosa Indians’ boys team entered the 3A playoffs with a 3-18 record and a first round matchup on the road at the #6 Newton Cardinals on Monday as a heavy underdog. The Indians had lost to the Cardinals 61-39 in their first matchup this season and then 79-43 in their second, and the Cardinals had only lost one game to a 3A opponent all season (to #1 ranked Bondurant-Farrar). In short, expectations were generally low for the Indians’ first round game.

The team responded by playing like they had nothing to lose. And it worked.

The Indians gave the Cardinals a run for their money that they certainly weren’t expecting, but not without early adversity. The Cardinals jumped out to an early lead and were up 31-23 at halftime, leading by double digits for stretches of the first half. Once again, Osky was having a difficult time containing 6’5″ senior Cardinal forward Cole Plowman along with senior guard Brody Bauer.

But in the 3rd quarter, the Indians flipped a switch and got back into the game. A late-quarter rally saw the Indians shock the crowd as Waylon Bolibaugh and Max Roach started burying jump shots to tie the game. In the final seconds of the 3rd quarter, it was 43-43; at this point in the previous two meetings between the Cardinals and Indians, the game had already been decided.

The Cardinals responded with a heads-up play in the final seconds to go down the floor quickly and lay in a bucket to take a 45-43 lead heading into the fourth; and unfortunately, while the energy on the Oskaloosa side of the gym was now at a new high, the Cardinals would use that basket as a kick-start to put the game away.

That last basket of the 3rd quarter began a 13-0 run for the Cardinals to go up 56-43 early in the 4th. From there, Newton kept Osky at a safe distance. The Indians were unable to generate another rally to make it a game in the final minutes and their upset bid came up short, 70-56. It was an admirable display of effort for the team in their final game.

The Cardinals (15-6) will be hosting Fairfield in their second round game on Thursday. The Indians (3-19) graduate 3 seniors: Waylon Bolibaugh, Jakob Stek, and Brody Allman.

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Jimmy Carter enters hospice care. What is it?

PLAINS, GA (AP) — Former U.S. President Jimmy Carter has entered home hospice care after a series of short hospital stays. The Carter Center said in a statement Saturday that Carter, 98, “decided to spend his remaining time at home with his family and receive hospice care instead of additional medical intervention.” Hospice care is treatment designed to make patients comfortable and to reduce pain and suffering in their final days. It is usually home-based and reserved for those declared by two physicians to be terminally ill, with six months or less to live. Hospice care may include medicine but only to reduce symptoms, not with the intent to cure any illness.

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