Thursday, Oct 2, 2014
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qfingers - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
It's not tax abatement...it's a tax refund which is a financing tool. And there's lots more than what is listed on your link It's a rather long section of 65 ILCS 5/11-74 http://www.ilga.gov/legislation/ilcs/ilcs4.asp?Ac...
Givemeliberty - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
The pill Hobart is wanting the city to take would be easier to swallow, if they were bringing American Family, AT&T, Motorola, or something like it to fill up this building with 300-400 Jobs. Sadly though projects like the one I just described or the Newcome Lofts will only come to this area with help from the City or County (not saying the city should give in to all of Hobarts demands) because the…
UrKidsWillPay - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
The TIF district does not include a Property Tax abatement. Those are features of the Enterprise Zone which this site is not a part of. Would like to know how we are going to force that one through against our rules.....not that I doubt they will do it. Take a look at the eligible TIF expenses and tell me where they are going to lie to us to classify 1.8 million of a 4 million project as TIF eligible.…
UrKidsWillPay - Quincy Police Blotter for September 30, 2014 - Quincy, IL News - QuincyJournal.com
Could be or it could be for a burnout. which could be defined as unsafe because you lack complete traction. Or it could be for accelerating too fast but not buring the tires and without going over the speed limit. or she could have exited a private drive like the bowling alley without properly yielding.
qfingers - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
Just remember that getting taxable property there doesn't bring in any extra $$ for the city. What it does is lower property taxes for the rest of us. Obviously more $$ back for more expensive properties (i.e. same % saved across the board). By the same token the TIF district raises our taxes until such time as the TIF expires. That's because some of the tax $$ are diverted to a special…

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Tyson Foods Wins Bidding War for Hillshire Brands

3 months, 3 weeks ago From Illinoisagconnection.com

It appears that Tyson Foods Inc. has won the bidding battle to buy Hillshire Brands Co., besting an offer from Pilgrim's Pride Corp. Terms were not available, according to reports. 

Pilgrim's Pride had offered $55 per share, or roughly $6.82 billion, for Chicago-based Hillshire last week, upping its offer after Tyson entered the bidding with an offer of $50 per share, or roughly $6.2 billion, for Hillshire on May 29.

Hillshire, the maker of Jimmy Dean sausage and Ball Park hot dogs, agreed last week to share information with Pilgrim's Pride and Tyson and hold separate discussions with both suitors regarding their unsolicited proposals.

Hillshire has been seen as a potential acquisition candidate for months as companies look for ways to boost their sales of branded foods, which often carry higher profit margins than commodity-focused items. Tyson and Pilgrim's Pride each handle meat processing and have some branded operations. Both have said they were attracted to Hillshire in part because of its presence in areas such as brand-name breakfast foods.

Tyson has already done smaller acquisitions over the past several months, including its January purchase of the assets of Michigan-based Bosco’s Pizza Co., a maker of stuffed breadsticks and frozen pizzas.

Pilgrim's Pride is 75-percent owned by Brazil’s JBS S.A., the world's largest meat company. An acquisition of Hillshire would allow it to expand further into retail products and to bring the U.S.-focused Hillshire products into international market


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