Cordova, Riverdale reach TIF pact


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Originally Posted Online: Nov. 15, 2012, 9:54 pm
Last Updated: Nov. 15, 2012, 11:42 pm
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By Lyle Ernst, correspondent@qconline.com

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.

















 



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  Today is Friday, July 25, the 206th day of 2014. There are 159 days left in the year.

1864 -- 150 years ago: Walter Jones, of Co, F 23rd Ky, volunteers, lost a satchel on the Camden road, yesterday, containing his papers of discharge from the army.
1889 -- 125 years ago: E. W. Robinson purchased from Mrs. J.T. Miller the livery stable on the triangle south of Market square.
1914 -- 100 years ago: A municipal; bathing beach was advocated at the weekly meeting of the city commission by commissioner Rudgren, who suggested the foot of Seventh Street as an excellent location.
1939 -- 75 years ago: Floyd Shetter, Rock Island county superintendent schools, announced teachers hired for nearly all of the 95 rural and village grade schools in the county.
1964 -- 50 years ago: The mercury officially reached the season's previous high of 95 about noon today and continued upward toward an expected mark of 97.
1989 -- 25 years ago: Fort Armstrong hotel once the wining and dining chambers of Rock Island's elite is under repair. Progress is being made though at a seeming snail's pace to return the building to a semblance of its past glory for senior citizen's homes.








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