CAMBRIDGE -- Trustees on Monday night learned the Cambridge Main Street is no more.
A letter from Main Street Board President John Roehrs stated that, with no additional volunteers, it seemed "impractical" for the board to consider maintaining the group's programs. By unanimous vote, the group has decided to dissolve Friday.
Retiring director Deb VanDeWoestyne said the dissolution seemed "inevitable," considering the dwindling committee members.
Mayor Jim Crouch called for applause for Main Street volunteers andsaid the village will try to find ways to continue Main Street events that brought thousands to town. Trustee Al Hamilton suggested the village might get people interested in the group and relaunch it.
After the meeting, Mayor Crouch also disclosedthat Spartan's DiscountGrocery is going out of business.
"We're still working very hard on trying to get some people to do agrocery store," he said.
Mayor Crouch said it likely would cost $1.7 million to demolish the oldJack and Jill store and build a new store. He added a Monday meeting with someinterested parties got canceled at the lastminute.
On 4-0 votes, trustees took several steps on Monday to advance its second tax increment financing district, a 27.5-acre area on the east side of town, south of Illinois 81.Three firms -- Michlig Grain, B & B Metals and Beam Bros. LLC -- plan to be in the new TIF district.
In a TIF district, assessed valuation is frozen in terms of property taxes generated for taxing bodies other than the municipalities. Tax revenue created by new development goes into a TIF fund to be used for infrastructure improvements or rebates to developers.
Trustees approved a redevelopment plan and projects with a legal description for the area. TIF consultant SteveKline said it appeared there was a small discrepancy between the village engineer's map and the county's GIS map, but it would be resolved after Monday's vote.
Trustees alsoapproved an intergovernmental agreement giving the Cambridge School District up to 25 percent of the tax increment created by the new TIF district. A similar agreement was made for the first district.
Today is Thursday, April 24, the 114th day of 2014. There are 251 days left in the year.
1864 -- 150 years ago: We learn that it is a contemplation to start a paper mill in Rock Island during the summer by a gentleman from the East. 1889 -- 125 years ago: The gates of Oklahoma were swung open at noon today, and a throng of more than 30,000 settlers started over its soil. 1914 -- 100 years ago: The Iowa Coliseum Co. was incorporated with $40,000 capital and planned a building on 4th Street between Warren and Green streets in Davenport. 1939 -- 75 years ago: Plans are being discussed for resurfacing the streets in the entire downtown district of Rock Island. 1964 -- 50 years ago: Some 45 jobs will be created at J.I. Case Co.'s Rock Island plant in a expansion of operations announced yesterday afternoon at the firm's headquarters in Racine, Wis. 1989 -- 25 years ago: Gardeners and farmers cheered, but not all Quad-Citians found joy Saturday as more than an inch of rain fell on the area. Motorists faced dangerous, rain-slick roads as the water activated grease and grime that had built up during dry weather.