Tuesday, Jul 7, 2015
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Hunyboo - Jos A Bank to now close July 22 - Quincy, IL News - QuincyJournal.com
I worked for a large JAB in KC and it was only a matter of time. The original franchise was set up with JAB and since they were sold to MW in 2014 it is a new ballgame. There are less than 10 franchises and they will be gone when they make ownership changes. MW is all about the bottom line and there will be changes to any stores that don't make it. They recently changed a JAB factory outlet…
qfingers - Airport manager Hester resigns - Quincy, IL News - QuincyJournal.com
Why would the FAA fine them for a self-reported incident? That would really put the kink in self-reporting.
qfingers - Airport manager Hester resigns - Quincy, IL News - QuincyJournal.com
It was an advertising campaign so they went to advertising and travel agencies. And don't confuse non-profits with charities. Blessing is non-profit and they do quite well in the $$ department. And while you could argue charities might be able to use them it wouldn't serve the marketing purpose.
ONCEMORE1 - All Four Democratic Presidential Candidates Support ‘Sanctuary Cities’ - Quincy, IL News
The ironic part is, even they may not be immune to the type of random lawlessness and danger they are creating by these moves. But they'll never understand or believe that. Meanwhile, the common citizen lives in a deteriorating warzone and feels less safe every day. Life in Obama's New Order......
QuincyGuy - Masters in court Monday - Quincy, IL News - QuincyJournal.com
If details aren't available, they can't publish them. No news agency likes speculation. But to satisfy your need, how about: The two victims were trying to hit on his girl friend, who lived next door, and he came to her defense. Will that work for you?

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Loan Committee recommends accepting deed for Newcomb Hotel

Loan Committee recommends accepting deed for Newcomb Hotel

2 years, 5 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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