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CoolEdge - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
"I am not the one arguing against public care of government employees. You are, No ... maybe this is the crux. I'm saying everyone pays for themselves. You act like government employees deserve some special early retirement, open ended pension entitlement, while farmers and construction workers take more risk to feed and build, but must serve and bow to the "public servant/saint". …
CoolEdge - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
I'm not sure if you were a cop in NYC or what ... the "war zones" are different environments, and the cop side is not all clean in the big cities either, you can't kid me on that. I was in New Orleans before some of the bad side was cleaned up .. was friends with some too, most were OK. They supposedly cleaned up much ... hopefully. But the small town municipalities where locals take…
logged_n_to - Police shooting, pursuit in Downtown Hannibal - Quincy, IL News - QuincyJournal.com
Notice how they do not even mention a passenger until they refer to the gunshot wound? How about-it's not a good shoot if they have no idea who they are shooting at. Good Lord, there could have been a child in the car for all the police know. The passenger had no idea he was involved in anything until his friend jumped back in the car and took off. The passenger is in my family. He was shot…
XBgCty - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
This is just to give you something to think about, also Cooledge: http://www.infowars.com/government-lays-groundwor... How would YOU feel if all of a sudden, you work and plan your entire life for retirement and then boom they take it away? Remember that all that money…
itsourlife8 - Police shooting, pursuit in Downtown Hannibal - Quincy, IL News - QuincyJournal.com
Chris Rock's version of "How to Not Get Your Ass Kicked by the Police" would play well in this situation.

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Loan Committee recommends accepting deed for Newcomb Hotel

Loan Committee recommends accepting deed for Newcomb Hotel

1 year, 11 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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