Cordova village officials on Thursday approved paying the Riverdale School District $50,000 each year for the life of two tax increment financing districts.
There are a total of 56 students living in Cordova's TIF 1 and TIF 2. No students live in Cordova's TIF 3.
Board members also approved paying the newly elected position of village clerk $400 per week for 28 hours, as well as $45 for each meeting attended. A salary increase, based on inflation, will be addressed on a yearly basis.
In March, Cordova residents voted 3-to-1 to return the village clerk position to an elected one. Current village clerk Sharon Peterson no longer lives in Cordova, making her ineligible to run for the position.
In other action, the board approved up to$4,000 in repairs by Reynolds Ford of East Moline to the village's Ford 350 maintenance truck. They also approved two new tires for the truck, not to exceed $368, from Harry's Farm Tire Service in Albany.
Board members also approved spending up to $700 to rent a power lift to put up Cordova's new Christmas lights.
Today is Monday, March 10, the 69th day of 2014. There are 296 days left in the year. 1864 -- 150 years ago: Numerous counterfeiters are around, taking advantage of the influx of currency to pass their worthless trash. 1889 -- 125 years ago: J.J. Reimers, secretary and treasurer of the Rock Island Lumber and Manufacturing Co., on behalf of that firm, contributed $500 toward construction of a new Methodist church. 1914 -- 100 years ago: Samuel Ryerson, county recorder, was re-elected president of the 19th District of Knights of Pythias. 1939 -- 75 years ago: Three condemnation suits have been filed by the city of Rock Island to acquire property needed for an approach to the Rock Island-Davenport bridge, which has been under construction since March 6. 1964 -- 50 years ago: Plans for an eight-story Sheraton Inn in downtown Rock Island were announced today at a luncheon meeting at the Gay Nineties sponsored by the Rock Island Chamber of Commerce. Cost of the structure is estimated at $2.5 million. 1989 -- 25 years ago: Representatives of the Hardee's Golf Classic and tournament sponsor Hardee's Food Systems may meet next week with PGA Tour Commissioner Deane Beman to discuss a possible change in the tournament dates.