Habitat for Humanity is shifting its focus to rehabbing. In this housing market, rehabbing makes a lot of sense. It is not only good economic development but also good for the community.
Click on the following to read the rest of the story: Daily Herald | Willow Creek Church joins Habitat in rehabbing houses
consultant to provide a tax increment financing district study, as well as the awarding of the city’s first business incentive since that program began last year.
Northwest Herald | Marengo council to vote Monday on TIF district proposal
Struggling to close a threatened, $300 million year-end budget gap, City Hall sent out layoff notices last months to 1,504 city employees. But, 40 unions have since agreed to: take 24 unpaid furlough days through June 30, 2011; convert all city holidays -- nine for hourly employees and 12 for those with monthly salaries -- to unpaid days and substitute comp time for cash overtime.
warned the three holdout unions that layoffs would be confined to their 650 members if they refuse to cut the same deal by July 15.
Daley appeals to 3 hold-out unions to agree to cuts :: CHICAGO SUN-TIMES :: City Hall
Director Michael Randle was mum on his plans for Stateville today, he did give union leaders a list of more than 500 layoffs effective by Sept. 30th.
The proposed prisoner release stems from plans to lay off more than 1,000 corrections workers at Stateville Prison and a half-dozen facilities downstate.
Illinois' nine casinos have managed to make 20 percent more cash from gamblers despite a 13 percent drop in visits between 2000 and 2007.
Many gambling addiction specialists worry the same technology that lures gamblers to tight video slots may also be more addictive.
moored riverboats are rolling out more and more slot machines designed for a better house advantage as declining foot traffic threatens profits.
Daily Herald | Illinois casinos beat the odds with tighter slot machines
The 11,800-seat, multipurpose facility, which opened in 2006, is experiencing the same attendance declines affecting similar venues, but with one crucial difference – the Sears Centre has private owners
very substantial tax bill that really kicks butt and hurts.”
The original 2005 agreement allows the village to assume control of the arena should Ryan default on the loan.
Business Journal | Sears Centre in talks with Hoffman Estates
…retailers that produce at least $10,000 in sales taxes could agree on a base sales tax figure with the city. Money brought in above that amount could be used to repay the business for public improvements, expansion, redevelopment and marketing
…Targeted Development Zones approved by the City Council along Route 14 and Route 31 are aimed at encouraging redevelopment along those corridors. Businesses within the zones would be allowed to waive half of their city review, permit and inspection fees for commercial improvements valued at more than $250,000.
…gift certificate incentives for back-to-school shopping of $300 and car purchases of more than $10,000. The gift certificates, worth up to $250, can be used at any retail outlet in Crystal Lake.
