Dixon council poised to approve settlement


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Originally Posted Online: Oct. 15, 2013, 8:30 am
Last Updated: Oct. 15, 2013, 7:34 pm
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DIXON (AP) — Officials of the northern Illinois city of Dixon are poised to approve a $40 million settlement in connection with former comptroller Rita Crundwell's theft of millions of dollars in public money.

The Telegraph in Dixon reports the Dixon City Council on Tuesday is expected to give the settlement final approval at a public meeting. Dixon is to receive the money as part of a settlement with a bank and auditor the city contended failed to do enough to expose Crundwell's scheme.

Crundwell is serving a federal prison term after pleading guilty to charges she stole more than $53 million over two decades. She was sentenced to nearly 20 years in prison.

Prosecutors say she used the stolen money to live lavishly and to build a nationally-renowned horse-breeding operation.














 



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  Today is Tuesday, July 29, the 210th day of 2014. There are 155 days left in the year.

1864 -- 150 years ago: Col. H.F. Sickless informs us that there will be new organization of troops in this state under the call for more men.
1889 -- 125 years ago: James Normoyle arrived home after graduating from West Point with honors in the class of 1889. He was to report to Fort Brady, Mich., as second lieutenant in the 23rd Infantry.
1914 -- 100 years ago: Austria Hungary declared war on Serbia. Germany and Austria refused an invitation of Sir Edward Grey to join Great Britain at a mediation conference.
1939 -- 75 years ago: Dr. William Mayo, the last of the three famous Mayo brother surgeons, died at the age of 78.
1964 -- 50 years ago: One of the biggest horse shows of the season was held yesterday at Hillandale Arena on Knoxville Road under the sponsorship of the Illowa Horsemen's Club.
1989 -- 25 years ago: Davenport is like a gigantic carnival this weekend with the Bix Arts Fest taking over 12 square blocks of the downtown area. A festive atmosphere prevailed Friday as thousands of people turned out to sample what the Arts Fest has to offer.








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