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, 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.