Welcome to the Banking Blog! Today, we have some exciting news to share about the Summit County Land Bank. But before we dive into the details, let’s catch up on the latest news and weather updates.
In a recent incident, a man pleaded guilty to robbing a Wells Fargo Bank in Sioux Falls, taking $200,000. Fortunately, the police apprehended him before he could escape. In another case, a man serving a 25-year sentence for child rape is now seeking to prove his innocence. The court will soon deliver its verdict in this matter.
Moving on to a Texas crime spree, a man confessed to stealing a pickup, crashing it into an ATM, and making off with over $30,000 in $20 bills. This individual had been previously convicted of a similar crime in Texas in 2019. It’s unfortunate to see such incidents occur.
Importance of Proof of Insurance
Let’s shift our focus to a topic that affects many drivers: proof of insurance. Sioux Falls Police issued over 3,300 tickets for not having proof of insurance in the past year alone. Even with electronic insurance cards, drivers sometimes face issues like forgetting passwords or needing to update the app. It’s crucial to carry your insurance information with you to avoid any complications.
Now, let’s check the weather forecast. It seems we might experience some snow this month, so make sure to bundle up and stay prepared.
Flood Insurance Reminder
With spring on the horizon, the city of Sioux Falls is encouraging homeowners to consider flood insurance. It’s important to note that every homeowner is eligible for flood insurance, regardless of their location. This coverage is not typically included in regular homeowners’ insurance policies, and 40% of flood insurance claims come from areas considered low-risk. Don’t wait for a flood to strike; take proactive steps to protect your home.
Property Tax Assistance Programs
In light of inflation and financial struggles, the city of Sioux Falls wants to remind homeowners of programs that can help with property taxes. These programs are specifically designed for low-income individuals, the elderly, and the disabled. The state assessment freeze program for the elderly and disabled is one option, and the deadline to apply is approaching.
These programs aim to provide targeted assistance to those who need it most, ensuring that homeowners can continue to afford their properties. If you’re eligible, you may receive a property tax refund of up to $500 next year. Don’t miss out on this opportunity—check if you qualify and apply before the deadline.
Aurora City Hall Reconstruction
In Aurora, a small town east of Brookings, the City Hall and Community Center were recently demolished due to safety concerns. Although it’s unfortunate to see a landmark go, the city plans to rebuild a new facility. The fire department will continue to operate in the existing building until the new construction is completed. We look forward to seeing the community come together during this process.
Summit League Tournament Preview
As the men’s and women’s basketball championships draw near, our Summit League coverage is in full swing. Join us tonight for the KELOLAND Summit League Tournament Preview Show, where we’ll discuss the upcoming matchups, including the SDSU and USD teams. We’ll also analyze the brackets and introduce you to the new tournament format. Don’t miss out on all the action!
That wraps up today’s update from the Banking Blog. Stay tuned for more exciting content and insider secrets. Remember, for all your banking news and insights, visit our Banking Blog. Happy reading!