Saturday, Aug 29, 2015
Quincy, IL News - QuincyJournal.com

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ONCEMORE1 - Clinics to open in Senior Center, Indian Hills - Quincy, IL News - QuincyJournal.com
I wonder how many of these "Free Clinics" Durbin gasses on about he's ever visited for actual healthcare, with his Golden Government (taxpayer supported) insurance. One thing to walk in as a State Senator with the media and entourage to check the service, quite another to be one of the indigent or elderly trying to actually GET service. And, like anything the Government does, it'll…
qfingers - Rauner’s budget superstar exits Illinois with $165,000–and no budget - Quincy, IL News -
Perhaps it's more like Illinois is so screwed up it's beyond repair.
eaglebeaky - Federal Court blocks EPA’s Clean Water rule from taking effect on August 28, 2015 - Quincy, IL
I noticed that too, GML... and Illinois (if it were to be included among all of the other states that were listed in this case) would have been the furthest east out of all of them. So my first thought was that (maybe) it's purely a geographic issue? Perhaps Illinois falls under the jurisdiction of a different federal court, and not this one located in North Dakota. I honestly don't know,…
QuincyGuy - Clinics to open in Senior Center, Indian Hills - Quincy, IL News - QuincyJournal.com
Due in would do well to help those facing economic problems find work. It's his party that is responsible for today's economy. With all the different sources to transport people from home to our current clinics, I question the need for this. Don't start thinking Durbin is Daddy Big Bucks either. "That money came out of OUR pockets."
Stupid_Dems - And now it’s time to say goodbye - Quincy, IL News - QuincyJournal.com
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Network Knowledge sells farm land from Macomb transmitting site

3 years, 1 month ago by Bob Gough

Two years ago, the corporation sold its WQEC transmitting tower in Fowler

Network Knowledge, parent company of WSEC/WQEC, is selling more land as part of its ongoing strategy to restructure debt, in part by selling assets deemed non-essential to providing their programming.

“Our primary goal is to deliver quality programming,” said Dr. Jerold Gruebel, president & CEO of Network Knowledge. “We want to broadcast as much of the treasure of national programming as possible, and we want to be a valued community resource for locally-produced programs, primarily in collaboration with community groups and organizations.”

To do this, Network Knowledge has begun a strategy of reducing debt through the sale of assets and diversifying its fund raising by increasing viewer support, attracting more business partners for sponsorship of its programming and creating additional infrastructure revenues, such as increased tower leases.

Two years ago, Network Knowledge sold its WQEC transmitting tower in Fowler, Illinois. WQEC is the Network Knowledge community-licensed public television station for Quincy. With the leaseback of tower space for WQEC (at no cost), the new tower owner is able to generate revenues from tower leases while Network Knowledge was able to reduce debt equal to the sale of the tower.

Network Knowledge is presently completing the sale of farm land it owns for its WMEC/ PBS Macomb transmitting site in Colchester (completion of the sale should take 4 to 6 weeks), and may consider selling its farm land for the WSEC transmitting site in Franklin. Sale of the Colchester farm land will eliminate the line-of-credit debt Network Knowledge has with Bank of America, its primary lender, and give it funds to pay debt service on its long-term loan for approximately half of this fiscal year which began on July 1.

“This sale reduces our overall debt and gives Network Knowledge much needed relief in paying debt service, which in turn helps our operating cash flow. We retain ownership of the transmitting tower and all equipment on it.”

 


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