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Modern Woodmen Bank donates to Star Block Project
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Press release submitted by Rock Island Economic Growth Corporation Modern Woodmen Bank donated the $10,000 to celebrate 10 years of service since its opening in 2003. The bank could have donated the money to any project nationwide, but decided to invest in downtown Rock Island. "We are the only bank headquartered in downtown Rock Island and have a strong local economic impact," said Steve Ollenburg, president and CEO of Modern Woodmen Bank. "In so many ways, it's hard to believe Modern Woodmen Bank is 10 years old. It's equally exciting that the Bank's anniversary coincides with Modern Woodmen's 130th anniversary. We truly have a strong foundation for the future." "A special part of this revitalization is that some of these buildings will be transformed into accessible, affordable units for veterans," said Kenny Massey, president and CEO of Modern Woodmen and chairman of the board of directors at Modern Woodmen Bank. "This is a large part of why Modern Woodmen Bank chose this project to receive the $10,000 in conjunction with the Bank's anniversary. We care about the downtown Rock Island community." The $1.7 million project will include eight residential rental units and rehabilitation of approximately 1,600 square feet of commercial space facing the Great River Plaza. The project will include one and two bedroom live-work rental units ranging in size from 540 to 1,400 square feet, with the rent range from $550-$900 per month. Accessible, affordable units targeting veterans will be located on the first floor. Brian Hollenback, president of Renaissance Rock Island commented, "Modern Woodmen Bank has been extremely generous and a great partner to GROWTH since its beginning in 2003. Today, we are happy to announce that Modern Woodmen continues to demonstrate its generosity and commitment to downtown Rock Island by donating $10,000 towards redevelopment of the Star Block. We are grateful for this continued partnership and for their donation and commitment to Rock Island." Modern Woodmen Bank was the first to contribute funding for the Star Block project. Future funding is still to be determined. The $10,000 donation received will assist in predevelopment costs with an emphasis on two accessible, affordable units targeting veterans. 
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Today is Friday, May 24, the 144th day of 2013. There are 221 days left in the year.
1863 -- 150 years ago: A military escort will be at the square at 9 a.m. tomorrow forthe funeral of Lieut. Joseph Eaton. The county judge is absent in Chicago, which willaccount for his not being in the procession.
1888 -- 125 years ago: Rock Island's City Council last night appropriated $95,000 forexpenses for the 1888 and 1889 fiscal year.
1913 -- 100 years ago: Mrs. F.W. Reimers last night was re-elected president of the RockIsland Musical Club at a meeting in the New Harper Hotel.
1938 -- 75 years ago: Seven members of Boy Scout Troop 21 got their Eagle badges lastnight. They were Ralph Hurt, Robert Nelson, Howard Schersten, Cecil Nelson, RobertFryxell, Clarence Stone and Rollin Hurt.
1963 -- 50 years ago: Mayor Morris Muhleman has resorted to a form letter in an effort toanswer objections to the wheel tax increase. "It was my hope that I could, in some way,restore the faith of the citizens in our city. In order to do this I knew I must face the factthat I would become very unpopular."All they are trying to do is protect the citizensproperty and build their town.
1988 -- 25 years ago: RICCA, the Rock Island County Council on Addictions, inconjunction with the Quad City Downs, will hold its annual "Night at the Races" June 2.The benefit "Night at the Races" will raise funds locally to assist in maintaining the twohalfway houses, New Hope Lodge (for women) and Beacon House (for men).
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