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 Thursday, April 24, the 114th day of 2014. There are 251 days left in the year.
1864 -- 150 years ago: We learn that it is a contemplation to start a paper mill in Rock Island during the summer by a gentleman from the East. 1889 -- 125 years ago: The gates of Oklahoma were swung open at noon today, and a throng of more than 30,000 settlers started over its soil. 1914 -- 100 years ago: The Iowa Coliseum Co. was incorporated with $40,000 capital and planned a building on 4th Street between Warren and Green streets in Davenport. 1939 -- 75 years ago: Plans are being discussed for resurfacing the streets in the entire downtown district of Rock Island. 1964 -- 50 years ago: Some 45 jobs will be created at J.I. Case Co.'s Rock Island plant in a expansion of operations announced yesterday afternoon at the firm's headquarters in Racine, Wis. 1989 -- 25 years ago: Gardeners and farmers cheered, but not all Quad-Citians found joy Saturday as more than an inch of rain fell on the area. Motorists faced dangerous, rain-slick roads as the water activated grease and grime that had built up during dry weather.