Iowa early News Headlines: Fri., Sept. 21st 2012

News

September 21st, 2012 by Ric Hanson

Here is the latest Iowa news from The Associated Press

CEDAR RAPIDS, Iowa (AP) – A Cedar Rapids police spokeswoman says no obvious signs of trauma have been found on the body of a man that was found between two houses. Officers were sent to the scene on the southwest side of the city after a neighbor reported seeing the body of 25-year-old James Tamayo shortly after 7 a.m. yesterday.

DES MOINES, Iowa (AP) – A Des Moines area developer has pleaded guilty to bank fraud in connection with a loan to develop a condominium project. U.S. Attorney Nicholas Klinefeldt announced that Randal Walters of Polk County pleaded guilty yesterday to one count of bank fraud related to the Meadow Cove project. The 55-year-old Walters acknowledged during court proceedings that he diverted loans intended for condos to other uses.

DES MOINES, Iowa (AP) – Rural electric cooperatives operating in Iowa, Nebraska and seven other states are getting federal loan guarantees to improve portions of their power lines and generating systems. The funding includes a $6.7 million loan guarantee for Nobles Electric Cooperative, which serves customers in northwest Iowa and Minnesota.

DES MOINES, Iowa (AP) – Cleanup of an oil spill along 10 to 15 miles of the North Raccoon River south of Jefferson continues as environmental officials warn people to avoid canoeing, fishing, or even hiking in the area. Pools of thick black smelly oil are apparent in the area after a valve on a storage tank malfunctioned September 13th at Krieger’s Greenhouse in Jefferson.