Tuesday, Sep 30, 2014
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pjohnf - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
Is this project going to have a surety bond in place if this guy goes under or is the performance bond the same thing? The project sounds like a good use of the property but we tax payers lost big time the last time we put up money for a developer to develop this property.
ONCEMORE1 - Practice of end-of-career teacher salary bumps being scrutinized - Quincy, IL News - QuincyJournal.c
Sure are------12 months pay for nine months "work". Plus a couple weeks for Holidays, Christmas Break, Spring Break, Snow Days, etc. Try to match that in the Real Working World.
qfingers - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
Could you list what "infrastructure" this is for? It's apartments and retail space...not roads and sewers. And I don't see any parking in the illustration above. 20 apartments could easily mean 40 cars there 24x7. And I don't believe it's legal for the city to give anybody a property tax abatement except by a few means like enterprise zones for example. Anything targeting one…
ONCEMORE1 - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
Here we go again......... Giving away the farm---AGAIN---is about as brilliant as Deuce's parking lot that nobody needs.
vonvicious - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
The city might as well build the build and finance the structure itself. First off sell the property for what it is worth. 52 parking spots for 20 apartments and an eatery is that even enough to meet code.

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Illinois companies to shed more than 1,700 jobs

1 year, 11 months ago by Paige Traeder

Eight Illinois companies plan to shed a total of 1,708 jobs in the next two months due to closings and restructurings

Eight Illinois companies plan to shed a total of 1,708 jobs in the next two months due to closings and restructurings, according to figures released in the September Worker Adjustment and Retraining Notification Act. The report is released monthly by the Department of Commerce and Economic Opportunity.

The largest job cuts in the Chicago area will come from American Airlines, which may lay off as many as 987 workers at O'Hare International Airport as the Fort Worth, Tex.-based airline goes through a bankruptcy reorganization.

American sent layoff warning notices to more than 11,000 employees in September, according to the Associated Press. But a spokeswoman says it's still too early to tell the exact impact of the company's downsizing in Chicago because employees may still choose voluntary exits.

“Our workforce has the ability to take early retirements, leaves of absences with travel benefits and the like,” spokeswoman Mary Frances Fagan wrote in an email. “As per the requirements of different state governments, we sent out thousands of letters across the country recently, but that doesn't mean that all who got a letter will be laid off.”

Elsewhere, Book Wholesalers Inc. will lose 110 jobs in northwest suburban McHenry as its owner, west suburban River Grove-based Follett Corp., closes the company, which provides children's books to libraries. Follett plans to sell the assets to North Carolina-based Baker & Taylor Inc.

Downstate, some 310 employees stand to lose their jobs when a Bombardier Recreational Products plant in Benton shutters. The Canadian boatmaker, one of the largest employers in Southern Illinois' Franklin County, decided to close the plant due to a decline of sales in the marine industry.

Other layoffs in the September report were:

Sears Product Rebuild Center in west suburban Melrose Park will close and lay off 50 people. A company representative was not immediately available for comment.

Saks Fifth Avenue will shed 60 jobs when it closes its north suburban Highland Park store.

Vonachen Services, Inc., a janitorial services supplier to the Caterpillar Inc. facility in downstate Pontiac, will lay off 50 employees. A company representative was not immediately available for comment.

Regional Elite Airline Services LLC, a subsidiary of Atlanta-based Delta Air Lines that handles ticketing and gate services and acts as a regional ground handler for other airlines, will lose 60 jobs in Moline, near the Iowa state border, as a result of a lost contract.

Kmart will lay off 81 people and close a store in downstate Fairview Heights. According to a local news reports, the owner of the store's strip mall plans to raze the current mall and redevelop it.


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Iowa company pitches Newcomb development proposal - Hobart Historic Restoration wants to build $3.9 million apartm... http://t.co/D3LhR9gTcY
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@DanLucySports God bless, Dan.
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Bob Gough 12 hours, 51 minutes ago

@ursadailynews The City is planning to take out insurance to cover that in case it falls through.