Ophiem
Ophiem, IL · Business
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Rock Falls Considering Tax Abatement Plan
Rock Falls City Council has taken the first step toward setting the city’s 2026 tax plan. Council members recently approved first readings for two measures: Ordinance 2026-2756, which establishes the city’s 2026 tax levy, and Ordinance 2026-2757, which would abate the 2026 tax tied to paying off $5.3 million in bonds.
Vinyl and Velvet
Toys R Us Reopens At A Peoria Mall After Closing In 2018, And The Mall Manager Says Everybody Missed It
For a lot of folks in Peoria, Illinois, the sign alone is enough to bring back a flood of memories. Toys R Us is open again at Northwoods Mall, and it opened its doors on Thursday, November 5, 2026. The store sits on the mall’s lower level, as the opening day report describes, and it […]
quadcitiesbusiness.com
Journal Star
Property taxes will be raised at Downtown Peoria building for repairs
PEORIA — Downtown Peoria's Twin Towers Condominiums will be the recipient of a city-backed loan proposal to help fund needed repairs to the buildings. The Peoria City Council on Tuesday night approved a plan to raise property taxes on residents of the Twin Towers Condominium Association to repay a $2.5 million loan that will be given to the towers via a private loan from a banking institution. A deal with a private institution is still being worked out to back the loan, city officials said Tuesday. Peoria's involvement in the plan consists of collecting the property taxes via a special-service area. More: Proposal to increase taxes at Peoria condo building set for hearing The money loaned to the Twin Towers will be used to make much needed repairs to the buildings' parking garage, roof, HVAC, electrical and fire suppression system. The complex does not have the cash on hand to make the repairs itself. The Twin Towers opened in 1984. To repay the loan, the property taxes of residents at the towers will be increased. The extra property tax fee levied would not be allowed to exceed $2.75 of every $100 of equalized assessed value. The deal runs through 2046.
The Register-Mail
pfonline.com
Episode 74: An Interview With Rex Krohn Jr., John Deere
On this episode of On the Line, a podcast for coaters, finishers and shop owners, PF senior editor Brian Budzynski talks with John Deere (Moline, Illinois) manager of global enterprise facilities services Rex Krohn Jr. Rex’s tenure with Deere stretches back to 2000, when he joined the agriculture OEM multinational...
railfan.com
Union Pacific 5511 Undergoes Steam Test, on Track to Operate in 2027
The Railroading Heritage of Midwest America (RRHMA) announced Tuesday that Union Pacific 2-10-2 “TTT-6” 5511 successfully passed its first steam test at the former Rock Island shops in Silvis, Ill., last week. Now, the locomotive is expected to operate by summer 2027. RRHMA says this is a significant...
potatogrower.com
John Deere Reaffirms Commitment To U.S. Manufacturing, Long-Term Competitiveness
John Deere announced steps designed to strengthen its U.S. manufacturing operations and continue positioning the company for long-term growth. The changes reaffirm Deere’s commitment to U.S. manufacturing by aligning production capacity with regional customer demand and advanced manufacturing capabilities. By concentrating investments in modern, high-use facilities, Deere intends to preserve and expand critical U.S. manufacturing capabilities, enhance competitiveness, support American manufacturing jobs, and maintain its ability to invest through business cycles while continuing to serve customers well into the future.
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Inner Light Essentials opens store in Moline
A new business opened its doors in Moline. Inner Light Essentials opened on Avenue of the Cities. The shop is a local makers collective, allowing other local businesses to rent shelves in the store. Inner Light Essentials is dedicating space to a few businesses that sell mainly at farmers markets. The store features candles, pottery, […]