Thursday, Jul 2, 2015
Quincy, IL News - QuincyJournal.com

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1950Brutus - How the SSM “anti-polygamy” movement turned into Animal Farm - Quincy, IL News - QuincyJ
20 years ago some claimed the same thing about gay marriage. When someone wants a different answer they will find a way to come up with that answer. Being the cynic that I am I wouldn't be surprised if someone is working on that new answer even as I type.
Givemeliberty - Proposed FY15 Budget: $1 million in cuts, new Yard Waste stickers - Quincy, IL News - QuincyJournal.
MOORE Taxes MOORE Fees LESS Transparency LESS Service MOORE (or LESS) for Quincy..... but we got a scorecard, Baby! Moore taxes Moore fees Moore scandles Less transparency Moore or less for Quincy..... But we got a scorecard baby!!!! the differences being the word scandles and a couple extra exclamation points, you could probably legally consider this plagiarism if it wasn't your own…
1950Brutus - Airport manager Hester resigns - Quincy, IL News - QuincyJournal.com
Very possible - but no 2 week or longer notice is another point for the circumstantial circumstances in this case. Plus if someone leaves for another job that is usually part of the departure statement. In the QU case it was even announced where he was going before he got the job - but maybe this was a negotiating ploy. I am sure the FAA is as anal-retentive as other government bureaucracies. So we…
Stupid_Dems - Airport manager Hester resigns - Quincy, IL News - QuincyJournal.com
Q it's the first of the month and they are waiting for their checks.
qfingers - Airport manager Hester resigns - Quincy, IL News - QuincyJournal.com
The FAA investigation was about training records...why purportedly has been fixed. You have to document every little thing you do as "training". Typically there are only two reasons to resign...to avoid being fired...and to move on (to retirement or another job). I'll bet he got a better job. Quincy Regional is a beginner airport which barely qualifies for a full time administrator and even…

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Network Knowledge sells farm land from Macomb transmitting site

2 years, 11 months 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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