Thursday, Oct 30, 2014
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1950Brutus - Amazon to open facility in Illinois, hire 1,000 - Quincy, IL News - QuincyJournal.com
Wrong again - The line on the form instructs you to DO NOT LEAVE BLANK. If IL does not adjust the form (all necessary info is on the form) and inform taxpayer thusly then it is their own fault for lack of enforcement - you know -the way the immigration system works. Also original poster may not complete his own taxes - could know nothing about line 23 so he could be in the same boat as I - paid the…
QuincyJournal - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
Or maybe they had to turn on the old heater for the first time this season and it just belched. Good grief, people. Lighten up. I was joking. BG
qfingers - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
Here's the investigative questions though: #1 Was there a change in the heating system from prior years? #2 Were there new smoke detectors that perhaps were more sensitive or in new places? #3 Since this is done every year has there ever been such a problem before? #4 How do they propose preventing this from happening next year?
QuincyJournal - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
Waiting on a reply from the District as they examine where the magic bullet came from... No, I don't really believe this was staged. BG
chemteacher54 - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
What produced the smoke? Is this an oil-burning furnace/boiler, or is it natural gas? Natural gas does not produce much smoke. So if this heating system is fueled by natural gas, I do find that much smoke rather suspicious. I am so used to QPS administrators and boards trying to deceive and manipulate the public it would not surprise me if they staged this just days before a vote on replacing this…

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City of Quincy begins Newcomb foreclosure process

City of Quincy begins Newcomb foreclosure process

2 years, 2 months ago by Bob Gough

City Committee questions why building's property taxes went up 25 percent

The City of Quincy's Economic Development Loan Committee is beginning the foreclosure process on the Newcomb Hotel.

The company, Newcomb Realty LLC, owes the City $487,537 in principal, interest, fees and back taxes on the property on the southeast corner of 4th and Maine. The principal balance is $410,323.

The Committee voted to have the City’s Legal Department begin the process.

Committee members also voted to pay the 2011 property taxes due on the building. Approximately $17,000 will come out of the City’s discretionary loan fund. The Committee took a second vote to attempt to find out why the building’s taxes went up 25 percent compared to the 2010 taxes.

Another company, 3 Diamond Development, had stepped forward in an attempt to turn the historic hotel into an assisted living facility with a $15 million renovation. But that deal fell through earlier this year.

Victor Horowitz and his Newcomb Realty LLC took out a $500,000 loan from the City eight years ago and that’s who 3 Diamond was going to assume the debt from under the name of a new company, Newcomb Quincy LP. But now it’s back to Horowitz, who has long been delinquent on the loan.

Newcomb Realty LLC also owed Adams County $49,640.96 from a $50,000 loan taken out the same time as the loan with the City, but the County forgave that loan in order to allow the City to proceed with the foreclosure.

Quincy Mayor John Spring said the City now has financial institutions share in the risk of development loans the City makes so there will not be another case like the Newcomb where multiple owners have borrowed money from the City only to see the building remain stagnant. Spring said the east side of the building, where a three-story addition was built on, has the most problems, but he's been assured by structural engineers that the main building is "structurally sound".

Earlier this year, City Planner Chuck Bevelheimer said there has been some local interest in the Newcomb, but nothing he was prepared to elaborate on at the time.


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