MADISON - The board that oversees Wisconsin's pension funds has rejected a request from the head of Gov. Scott Walker's semi-private economic development agency to invest $200 million to help startup businesses.
Wisconsin Economic Development Corp. head Reed Hall asked the State of Wisconsin Investment Board in November for the venture capital seed money in November. The board rejected the request, saying that the use of pension funds to pay for economic development initiatives "does not meet our fiduciary duty."
The request for funding as well as SWIB's response is contained in a report submitted by SWIB in December. The Wisconsin Reporter website was the first to report on it.
Hall made the request when he was the interim head of WEDC. Last week Walker named him as the permanent head.
WAUSAU - A contractor fell from a ladder and died at the construction site of the new Hilton Garden Inn in Wausau last week. Now, the Occupational Safety and Health Administration is investigating the death.
Marathon County Sheriff's Captain Dale Wisnewski said Shane J. Cash, 45, of Wisconsin Rapids was drilling holes in the ceiling on Thursday when he fell from his ladder and died on scene.
TOMAHAWK - Tomahawk High School sporting events got an attendance boost this winter. At the same time, local charities benefited from the community's generosity.
The school's Varsity Club sponsored six nights of special events, one for each winter sport. The Varsity Club gave out T-shirts printed with team rosters. Meanwhile, fans brought donations for local charities.
"Each kid would walk in and they'd put on their T-shirt," said Varsity Club member Jackie Elliott. "When we got our student section going, they were all together, and you just had this block of white. It was awesome."
RHINELANDER - People lived through detours, dust, and demolition throughout most of 2016 in downtown Rhinelander. Residents won't see that kind of work in 2017, but the city is planning more closures and road work to finish up the Streetscape Project.
Crews will start with the Davenport Street Bridge shutting down for a month in starting April 17. Public Works Director Tim Kingman says some sections of concrete, sidewalk, and asphalt pavement shifted, settled and cracked over the winter.
RHINELANDER - Cracked concrete, twisted rebar, and overgrown trees and bushes don't paint the most ideal picture for a park. But a Rhinelander alderman sees the perfect chance for a peaceful place to enjoy nature.
Alderman Alex Young hopes to turn an old snow dumping dock site into a "pocket park." The site sits where Norway Street runs into the Wisconsin River behind Ripco Credit Union and the DNR Service Center building.
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