LOCAL FOOTBALL SCORING UPDATES PRESENTED BY THE HUNGRY HOBO:

Moline to consider TIF district proposals


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Originally Posted Online: Nov. 12, 2012, 9:15 pm
Last Updated: Nov. 12, 2012, 11:54 pm
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By Dawn Neuses, dneuses@qconline.com

The Moline City Council will hear the first reading of ordinances creating two new tax-increment-finance districts at tonight's city council meeting.

The city is proposing a TIF district for SouthPark Mall and another for 42 acres at U.S. 6 and U.S. 150, near the Coal Valley border.

When a TIF is formed, the assessed land value is frozen and any tax revenue generated by new development goes into a tax fund to be used on improvements within the district or on rebates to developers.

Taxing bodies continue to receive property taxes based on the assessed land value before the TIF was created, until the TIF expires. A TIF can last 23 years and be extended another 12 years with the approval of state legislators.

The council also will hear a first reading on the proposed $14.6 million tax levy which, if approved later this month, would be the same as last year.

The TIF ordinances and tax levy are expected to be voted on by the city council on Nov. 27.

The city council is expected to vote on a one-year contract extension for city administrator Lew Steinbrecher that includes a 4 percent salary hike. Mr. Steinbrecher's base salary would be $148,174, and the city would contribute $602.79 to his retirement account every pay period, or $15,672 a year, for a total of $163,846.

Under his last contract, Mr. Steinbrecher's total salary and retirement contribution was $157,544.In 2011, he received a 2.2 percent raise.

The contract would be retroactive to Oct. 25. The new contract would expire Nov. 30, 2013.

Employees in the four city unions and nonunion employees received no general wage increase this year. However, all city employees except Mr. Steinbrecher were eligible for a 2.5 percent anniversary wage increase or a lump-sum payment.

The city council meeting starts at 6:30 p.m. on the second floor of city hall, 619 16th St. The city council meeting immediately follows.Agendas are available at city hall or moline.il.is.



















 



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  Today is Monday, Sept. 22, the 265th day of 2014. There are 100 days left in the year.

1864 -- 150 years ago: The board of education has granted Thursday as a holiday for the children, with the expectation that parents who desire to have their children attend the Scott County Fair will do so on that day and save irregularity the rest of the week.
1889 -- 125 years ago: The guard fence around the new cement walk at the Harper House has been removed. The blocks are diamond shape, alternating in black and white.
1914 -- 100 years ago: The Rev. R.B. Williams, former pastor of the First Methodist Church, Rock Island, was named superintendent of the Rock Island District.
1939 -- 75 years ago: Abnormally high temperatures and lack of rainfall in Illinois during the past week have speeded maturing of corn and soybean crops.
1964 -- 50 years ago: Installation of a new television system in St. Anthony's Hospital, which includes a closed circuit channel as well as the three regular Quad-Cities channels, has been completed and now is in operation.
1989 -- 25 years ago: When the new Moline High School was built in 1958, along with it were plans to construct a football field in the bowl near 34th Street on the campus. Wednesday afternoon, more than 30 years later, the Moline Board of Education Athletic Board sent the ball rolling toward the possible construction of that field by asking superintendent Richard Hennigan to take to the board of education a proposal to hire a consultant.






(More History)