Thursday, December 10, 2009

Permanent roof, other work going on at Algonquin's Riverside Square

Here is where Rockford’s AMCORE Bank lost some of its money--$12.100,000

Amcore began foreclosure proceedings against the company, which still owes the bank $12.1 million, according to court records.

Click on the following for more details: Daily Herald | Permanent roof, other work going on at Algonquin's Riverside Square

A blog in Algonquin indicates that work on the project by AMCORE has stopped.  What does this mean?  Can the building be sold now?  Can it survive the Winter or condemnation by the City?  Read the rest of the story at:  http://www.firstelectricnewspaper.com/2009/12/riverside-square-conflict-looms-in.html

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