...or so says the Secretary of State's website of our local economic development agency. Visit Secretary Nelson online, punch "Lake Area Improvement Corporation" into the corporate database search tool, click the resulting "Active Records," then NS005831, and you get the following:
The folks down in the depot have probably just been so busy flipping the Rosebud property that the deadline (September 30, I think, if I understand the rules properly) just slipped under their radar. The file may even be on Secretary Nelson's desk already, just waiting for someone to scan it into the computer. The late fee appears to be only $25, but hey! That's $25 of our hard-earned quasi-public-private money that could be going for wage subsidies here at home. An economic downturn is no time to fall behind on paperwork! Let's hire Tammy Jo back and get those documents in.
p.s.: The LAIC's 2007 report says the organization held $1,451,146 of property as of August 3, 2007.
When will the City of Sioux Falls tell it’s citizens we are going broke? - City workers collecting their pay checks You can’t rack up millions in record debt building structures we don’t need, turn around and give your directors a...
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