The Rock Island City Council will be asked tonight to approve agreements totaling $243,000 to close the leases of three businesses at Watch Tower Plaza as part of the project to bring Walmart to the site.
The city has been buying properties at Watch Tower on 11th Street so they can be demolished to make way for a proposed Walmart Supercenter.
At tonight's city council meeting, aldermen will be asked to approve buying out the leases of three tenants at the old shopping center.
City officials have reached a $75,000 agreement with Jean's Platinum Stylez Beauty Supply to terminate the business's lease at 2365 11th St. The owners of Gyibassuk's Stores, an Asian grocery at Watch Tower, have agreed to a $58,000 lease buyout.
The owner of Jaded Gypsy Tattoo has accepted the city's lease buyout proposal of $110,000, which includes assistance to help the business move to 217 8th St., Rock Island.
The city has a line of credit for up to $15 million to buy properties and demolish buildings at Watch Tower. So far, the city has spent about $6.5 million on property purchases and lease buyouts and has agreements with most of the 17 businesses at Watch Tower.
Once the city has control of all the property parcels at the site it needs, demolition work will be done. Walmart has agreed to buy the site from the city for $4.5 million.
Tonight's council meeting begins at 6:45 p.m. at city hall, 1528 3rd Ave. Complete agendas can be found at rigov.org.
Today is Monday, Dec. 9, the 343rd day of 2013. There are 22 days left in the year. 1863 — 150 years ago: All last week were favored with the most delightful Indian summer weather. The mercury ranged from 40 to 65 degrees and the ice is entirely gone out of the river. 1888 — 125 years ago: W.D. Reimers was given charge of the Weyerhaeuser-Denkmann mill in Davenport. 1913 — 100 years ago: Eight hundred or more tons of earth in six landslides, covered 38th Street for a distance of 200 feet near 7th Avenue and destroyed much property. 1938 — 75 years ago: Patrolman Joseph H. Schnelder, of Moline, has been awarded four medals for proficiency in marksmanship. He is the crack pistol shot of the Rock Island district. 1963 — 50 years ago: For the 83rd year, George Frederic Handel's "Messiah" was performed at Augustana College ushering in the spiritual aspect of the Christmas season. 1988 — 25 years ago: A water main break Thursday night, the fourth this week, affected 35 homes near the 2200 block of 39th Street, Rock Island, city officials said today.