Sturgeon Bay to Consider Refinancing of TID District

Action to refinance debt related to Sturgeon Bay’s fourth tax increment district is expected to be taken Tuesday by the city council. Based on advice from financial consultant, Robert W. Baird, an amount not to exceed $3,350,000 will be used to cover $3.1 million of short-term notes acquired in 2015 plus capitalized interest on the new notes. The estimated interest rate on the refinancing is … Continue reading

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State Representative Joel Kitchens Listening Sessions Monday

State Representative Joel Kitchens will be holding two listening sessions in the first assembly district Monday. The Sturgeon Bay Republican says the mission of the series is to connect with constituents to discuss issues and concerns that directly impact people in a three county area. The Door County meeting is at the Sturgeon Bay Public Library from 11:15AM to 1PM. The other listening session is … Continue reading

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New Contract Awarded To Bay Shipbuilding

Fincantieri/Bay Shipbuilding has announced that it has been awarded a contract to build an articulated tug barge or A.T.B. for delivery in late 2017. The contract, recently signed by the Fincantieri Marine Group, includes an option for a second A.T.B. unit to potentially be delivered in 2018. Todd Thayse, vice-president and general manager of the shipyard in Sturgeon Bay, says the new contract is good … Continue reading

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