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QuincyGuy - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle - Quincy, IL News - Quin
If you are thinking "I don't have a AR-15, so it doesn't affect me" then think again. If they get by with this, the next bullets or guns he will do this to is YOURS. Think about this. Think real hard! Write/Call your Congressmen in Washington and tell then NO or they are history the next election and then follow through next election. Elect another Democratic President and KISS YOUR…
AYHSMB - Schock reimburses $35,000 for office renovation - Quincy, IL News - QuincyJournal.com
If this RINO gets re-elected, we have only ourselves to blame. This guy is in it for the money and stature, and will milk it until he's kicked out. Better keep a close eye on him.
AYHSMB - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle - Quincy, IL News - Quin
fingers-Four down-votes! We've some real restrictionists on this site.
AYHSMB - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle - Quincy, IL News - Quin
Arms discourage and keep the invader and plunderer in awe, and preserve order in the world as well as property... Horrid mischief would ensue were the law-abiding deprived of the use of them.-Thomas Paine
qfingers - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle - Quincy, IL News - Quin
Let's see -- states band lead bullets....manufactures use other materials...feds ban those bullets as they aren't made of lead. Basically kills the market for handguns that are rifle calibers...223....5.56mm... The Fed logic is if the ammo can be used in a handgun then ban it....purportedly for officer safety...not that we have any officers being killed by armor piercing rounds. Of course...next…

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Loan Committee recommends accepting deed for Newcomb Hotel

Loan Committee recommends accepting deed for Newcomb Hotel

2 years 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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