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QuincyJournal - Updated Illinois public employee compensation, pension reports - Quincy, IL News - QuincyJournal.com
The links are working. You might have to register with Open The Books. It is free. BG
GuyFawkes10 - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
You are not talking about normal people, you are talking about union employees that have a different mentality about "their" pension. Why wouldn't they, you pay for it.
UrKidsWillPay - Police shooting, pursuit in Downtown Hannibal - Quincy, IL News - QuincyJournal.com
Did you ever tell your family member its not a good idea to hang around with criminals?
Givemeliberty - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
I would feel sick to my stomach and probably in a deep depression for weeks if someone took my entire retirement away, which is why I would never suggest a plan like that as a fix. Chad Grimm had a plan during the last election to fix pensions that would leave those close to retirement alone and those relatively new to the pensions (I think it was up to 10 years) would have a option to convert them…
CoolEdge - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
I don't listen much to infowars ... but I don't think you understand what they are saying ... they are saying government will maybe decide to proceed FURTHER down the path of taking ALL funds from the private sector, to fund your HOLY government pension nirvana ... where government workers get riches, and the rest are their slaves. Yes ... "we" have already thought of what the totalitarians…

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City considers legal action against hydro partners

3 years, 1 month ago By Jamie Busen, QuincyJournal.com and WTAD

Matter will be taken up during executive session at Monday's Council meeting

It appears City of Quincy administrators are contemplating a lawsuit against at least one of the contractors involved in the failed attempt to build a hydropower plant at Lock and Dam 21.

Listed on the agenda for Monday night's Council meeting, under executive session, is: "... to discuss probable professional malpractice claims against contractors who gave advice to the City in connection with its hydroelectric project."

About 10 months ago, the Federal Energy Regulatory Commission said it was dismissing the City's license application for the plant. Quincy still holds preliminary permits on Lock and Dam 24 and Lock and Dam 25, both in Missouri.

Firms and entities that received money for working on the project include Stoel Rives; Klingner and Associates;  Mead & Hunt; Michael Alexander and Associates; Scholz, Loos, Palmer, Siebers and Duesterhaus, Husch Blackwell; Grey, Hunter, Stenn; GREDF and other "unnamed tax consultants and financial consultants." Van Ness Feldman of Washington D.C. was hired to handle the City's appeal to FERC.

Stoel Rives is the Oregon-based law firm that gave advice to the City to form a C-Corp. It was the C-Corp formation that FERC objected to and essentially ended the City's efforts at Lock and Dam 21.

City officials have never commented on who was to blame for the dismissal. Quincy Mayor John Spring did not return a message and Director of Administrative Services Gary Sparks said they were referring inquiries Friday afternoon regarding the suit to attorney Joe Duesterhaus, who has been working for the City on hydro matters. Duesterhaus has not returned messages.

Third-Ward Republican Alderman Paul Havermale said he was glad the issue was being examined.

"I know a number of Aldermen have questioned all along whether that should be looked at," he said of potential lawsuits. "And this is the first official action I've been made aware of."

Of exploring that potential, he said, "I think we have to. I think everybody's actions in regards to the project needs to be examined - internally, and the people we hired. Everyone needs to be examined to make sure everybody did what they should have done."

Mistakes were indeed made, he said, but he couldn't speculate as to which contractors were to blame. Havermale and fellow Third-Ward Republican Alderman Kyle Moore were the two on the Council who consistently voted against moving forward with hydro, even before FERC's February ruling.

One of the problems to begin with, Havermale said, was there were so many contractors and firms involved.

"It's like a big giant Swiss watch, if you will. There were so many moving parts," he said. "I have no inclination, no idea who the possible candidates we're talking about could be."

When asked if he thought the public could swallow spending more money, Havermale said there has to be a chance of recouping some of the money in order for him to get on board with a lawsuit. Four months ago, the Council approved a five-year plan to pay off more than $7 million in hydro debt.

"I wish this all would have happened a bit quicker, but I'm glad we are finally moving forward to at least examine what went wrong."

 

 

 


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Updated Illinois public employee compensation, pension reports http://t.co/NIdhbWMsLu
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@jaysonst Russell Branyan hasn't been in the bigs for a couple of years!