Archive for the ‘AREA News’ Category

New owners of salons ready to carry on a long legacy of style.

AREA News, News, Photo Feature - 03.05.19

Ruth and Gary Lucas, left, have sold Aphrodite Hair Design and Uncle Amos’ Crop Shop to Anna and Tanner Powell. Courtesy photo.

McCOOK, Neb. — It just feels right. There was a lot at stake, not only the future but also a history … a legacy. But it’s been a good decision.

Read the rest of the article at the McCook Gazette: https://www.mccookgazette.com/story/2592248.html

 

February 2019 MEDC Director Update

AREA News, News, Photo Feature - 03.04.19

 

 

Last spring, the college hosted a one day leadership conference with a variety of local speakers. I still think about Clark Bates and Kyle Dellevoet talking about the thoughtful leadership transition at McCook Christian Church. They used the illustration of the 4×100 relay race and successful baton hand offs. For a relay team to be successful, they have to execute clean baton handoffs .It happens with both runners being at full speed when the exchange happens.

This isn’t just a good illustration for leadership transitions, but also local business transitions. Fortunately, I’ve seen this happen multiple times in the last couple months in McCook. McCook Economic Development Corporation (MEDC) has approved two Growth Fund loans as gap financing to help in the transition of two businesses. In each case, the owner selling has worked with the new buyers to get them up to speed. It has been a partnership to make this happen as opposed to just a straight transaction.

It is exciting we are able to provide assistance in making these business transitions happen. Through the Growth Fund loan fund, we provide gap financing for business startups, expansions, or transitions. An individual or business needs to work with a traditional lender for the majority of financing, but then MEDC is able to fill the extra gap to allow the transaction to happen. It is more complicated than this, but is a resource to local people who are looking at start-up, expansion, or transition.

Another exciting event last month that showed a transition of small business knowledge was the Hormel Competition Advisory Night. Twelve (12) contestants in the Hormel Competition attended a two hour session where first, they heard from professionals in banking and law. Then, we had half a dozen experienced entrepreneurs meet with the contestants in small groups. This allowed the contestants to talk more about their business idea. They received feedback from someone who has been successful in starting and running a business. The veteran entrepreneurs were able to give advice, caution, and help create partnerships with others in the community. It was exciting to see the knowledge passed from one generation of business owners to the next.

Along with assisting with transitions and entrepreneurship, we are also working to develop components of our strategic plan. Here’s a quick update:

Retail Recruitment – The board heard proposals from two companies that help communities connect with national retailers. The board will consider moving forward with one of these companies at the March meeting. MEDC also is continuing to look at developing programs to help new local retailers get started strong.

Housing – MEDC has worked with the communities of Cambridge, Benkelman, and with Southwest Nebraska Community Betterment Corporation to submit two state trust housing program grants to try to earn awards that will provide for new housing construction and additional down payment assistance for first time homebuyers. These regional partnerships make for stronger grant applications and allow us to learn from the expertise of housing experts throughout southwest Nebraska.

Workforce development and recruitment – We have received positive feedback on our McCook promotion video that is available on-line. We encourage everyone to share to get our name out digitally. We continue to meet with the McCook Community 4 Kids team. We have strong daycare providers in McCook already and we’re looking at how we can improve access to early childhood education as it is difficult to find infant care in the community. This has created a challenge for working parents and their employers. There will be a community survey available in the near future and we hope you will take a few minutes to complete the survey.

Keystone – Most of floors 1-4 of the Keystone are full, but we still have two spots available for rent. If you are looking for space, let us know.

As always, if you have thoughts or questions, let me know at 308-345-1200 or andy@mccookne.org.

SmartAsset ranks McCook as Most Tax Friendly for Retirees in Neb.

AREA News, News, Photo Feature - 03.04.19

In its fifth annual study, SmartAsset analyzed sales, property, income, fuel and Social Security tax data to rank locations on how financially favorable they are for retirees. The study analyzes a retiree with $50,000 in annual income to see how much they will pay in income, property, sales and fuel taxes – click on the link to see the table for the cities that lead Nebraska in retirement tax friendliness.

Councilman, retired police officer finds new Tex-Mex career

AREA News, News, Photo Feature - 01.22.19

Right, Robin and Jerry Calvin of McCook have purchased the Taco Johns’ Restaurant in McCook from Randy Harper, second from the left, shown here with his right-hand-man, his brother, Dan. Connie Jo Discoe/McCook Gazette

McCOOK, Neb. — McCook City Councilman Jerry Calvin stopped by Taco John’s 21⁄2 years ago, in a hurry to get to a meeting. When Jerry got his order, Taco John owner Randy Harper asked him, in essence, “Do you want a restaurant with that?”

Read the rest of the story at the McCook Gazette:  https://www.mccookgazette.com/story/2581197.html