Tuesday, Oct 21, 2014
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CoolEdge - REBEL MEDIA: So I have a sign in my yard - Quincy, IL News - QuincyJournal.com
Perhaps UKWP is trying to equate military service with "on the teat" teaching jobs. Of course there are many big differences, especially for military that are deployed, which is part of the job. There are indeed many public school teachers that see their unionized, teaching monopoly, "part time" job as a public service that demands the same respect as our military. Not many retire with PTSD, or…
db1998 - REBEL MEDIA: So I have a sign in my yard - Quincy, IL News - QuincyJournal.com
how do i get a sign for my yard?
qfingers - REBEL MEDIA: So I have a sign in my yard - Quincy, IL News - QuincyJournal.com
And you're making the opposite mistake....saying that each thing, when added together, becomes a total justification. That's not how you justify expenditures. You have to make the case for EACH item in it's own right. And you do that compared to what it would cost to fix it in place...assuming you do have to fix it...which apparently we don't...because it hasn't been done.…
GrayHairedMan - REBEL MEDIA: So I have a sign in my yard - Quincy, IL News - QuincyJournal.com
But if everything is already under construction, there is nothing that can be done. I have been involved with a lot of bid projects and there are always cost overruns. In fact, the contractors live for the over runs as it is how they make extra money. The words will be "change orders" and everyone will just have to bend over. I stick with my original post above, this project, if passed, will go…
Givemeliberty - REBEL MEDIA: So I have a sign in my yard - Quincy, IL News - QuincyJournal.com
If this was a responsible persons car it would of not got this bad, they would of took care of these issues as they came along, rather than waiting to dump 3 grand in at one time. But just for the sake of argument It sounds like this car has about 200,000 miles on it and its probably worth about $800, because cars don't hold their value especially when they are ragged out. So yea this is a no…

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Network Knowledge sells farm land from Macomb transmitting site

2 years, 2 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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RT @phil_rosenthal: Chicago media story of the year MT @RobertFeder Tribune Publishing buying all Sun-Times suburban newspapers: http://t.c…
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Bob Gough 3 hours, 4 minutes ago

@MaggieStrong @mooreforquincy I've seen your budget. It could fit. :)
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RT @brianstelter: Why @Dish subscribers can't see @CNN today: http://t.co/mdobOr0mwp