MOLINE -- The city can start spending money to build the Amtrak station and other public improvements after aldermen approved a development agreement with a private developer on Tuesday.
The agreement, with Moline Promenade Investors LLC, outlines the company's plans to develop the nonpublic areas of the building that will house the station at 12th Street and 4th Avenue.
The company plans to develop an extended-stay hotel on the upper stories and a hotel lobby and retail space on the first floor. The redevelopment of public areas of the building -- such as a skywalk, the station, parking and restrooms -- will be paid with federal and state grant funds the city has received.
The city and MetroLink will oversee the public redevelopment projects.
Planning and development director Ray Forsythe said the development agreement had to be approved before the city could begin spending the grant funds. The developer will pay Moline $1.3 million for the building areas it plans to develop. The money will be repaid to the city in installments of $86.667 per year, which will be taken out of the property taxes the company pays.
Passenger rail service to Chicago is scheduled to begin in 2015.
Also on Tuesday, aldermen unanimously approved a 12-month contract extension and raise for city administrator Lew Steinbrecher. His base salary will increase from $148,174 to $151,041. The city also will increase its payment into his retirement account from $15,672 per year to $18,539 per year.
The increase in pay and retirement equal a 3.5 percent raise. Mr. Steinbrecher was hired as city administrator in 2004.
Aldermen also noted Heather Sund-Smith, of Moline, as the individual 2013 Recycle Super Hero, and Midland Davis as the corporate Recycle Super Hero, selected by the Keep Moline Beautiful Commission.
Today is Tuesday, Sept 2, the 245th day of 2014. There are 120 days left in the year.
1864 — 150 years ago: It is estimated that 300,000 people attended the recent Democratic convention in Chicago when Gen. George B. McClellan of New Jersey was nominated as a candidate for president of the United States. 1889 — 125 years ago: Alderman Frank Ill, Winslow Howard and Captain J.M. Montgomery returned from Milwaukee, where they attended the national Grand Army of the Republic encampment. 1914 — 100 years ago: Three members of the Rock Island YMCA accepted positions as physical directors of other associations. Albert Cook went to Kewanee, C.D. Curtis to Canton and Willis Woods to Leavenworth, Kan. 1939 — 75 years ago: Former President Herbert Hoover appealed for national support of President F.D. Roosevelt and Congress in every effort to keep the United States out of war. 1964 — 50 years ago: The Rock Island Junior chamber pf Commerce has received answers to about 65 % of the 600 questionnaires mailed out recently in a "Community Attitude Survey" to analyze sentiments of citizens towards their city's various recreational, educational, and civic service programs. 1989 — 25 years ago: The two thunderstorms passing through the Quad Cities last night and early today left some area residents reaching for their flashlights.