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Loverofblues - REBEL MEDIA: So I have a sign in my yard - Quincy, IL News - QuincyJournal.com
35 years for teaching.
cih8920 - Despite record yields for farmers, Titan\'s Taylor sees down year for tires in 2015 - Quincy, IL New
Titan tractor tires have a very poor track record in the last few years and it is evidently starting to show up in Titans pocketbook.
RUHEARINGVOICES - Illinois Early Voting starts: Cook County ballot box tries to cast GOP votes for Democrats - Quincy,
...and in Adams County I was required to show a photo ID to vote early even though the statute was amended effective July 1st to eliminate that requirement for 2014 only. http://www.ilga.gov/legislation/ilcs/fulltext.asp... middle of para (b).
CoolEdge - Despite record yields for farmers, Titan\'s Taylor sees down year for tires in 2015 - Quincy, IL New
370-400 bushels per acre? National average is supposed to be a record at 172, but are they making 370 even in the irrigated bottom ground? We had lotsa rain and a lot of double ears filled out ... but the average is only 10 bushels higher. Of course most of those extra bushels are probably sold at $3, and they are looking at under $3 next year. Most farmers already made a lot of purchases with…
CoolEdge - REBEL MEDIA: So I have a sign in my yard - Quincy, IL News - QuincyJournal.com
Ellington is concrete, doesn't seem "temporary". If the roof is an issue, put some pretty metal gabled roofs over the thing. HVAC is the issue? ... how can it be more for new units than a new building with new HVAC? They could even add a new building behind the old(er) building. The best sales point to me is in attracting industry to the area, which wants to attract individuals, who want good…

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Loan Committee recommends accepting deed for Newcomb Hotel

Loan Committee recommends accepting deed for Newcomb Hotel

1 year, 8 months ago by Bob Gough

Owner of long vacant property has been behind on mortgage and taxes for years

The City of Quincy's Economic Development Loan Committee went into executive session Thursday to deal with a real estate matter, which is a deed in lieu of foreclosure, for the former Newcomb Hotel, located at 500 Maine Street.

City Planner Chuck Bevelheimer discusses what was decided at the meeting.

"After discussing the in's and out's of the process of moving the property forward, we did make a recommendation to accept the deed in lieu of foreclosure and made that recommendation to the City Council. So that is the end result of today's meeting."

Bevelheimer then explained why the City chose this course of action.

"Well, the reason is two-fold, one it's taken us a year to get to this point and it's been a long struggle to get control of the property and the building is not getting any better in shape, in terms of the building maintenance and deterioration and finally, we do have some interested parties who have contacted us but without control we can't really respond to those interests. So, we're trying to manage this so that we can, more or less, flip this property as quick as possible."

This recommendation now goes to the Quincy City Council.

Previous Story:

The City of Quincy’s Revolving Loan Committee will consider a proposal from the owner of the Newcomb Hotel to accept the deed of the property to stave of foreclosure.

Victor Horowitz bought the building 10 years ago and received a $500,000 loan from the city and $50,000 from the county. The County has written off its share of the loan, which stands at about $475,000 outstanding in loans, fees and back taxes.

Horowitz has offered the deed to the City in exchange for forgiveness of the loan. City Planner Chuck Bevelheimer says the building's future is in limbo until the ownership issue is cleaned up.

A developer was considering turning the long-vacant hotel into an assisted living facility, but the funding for that plan fell through in 2011.

The Revolving Loan Committee meets on Thursday. The discussion on the Newcomb will be in closed session, according to the meeting agenda.


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