The Chicago Tribune has an article about a suit by Algonquin School District 300 against Sears. The District formed a coalition of parents, students, employees and just plain taxpayers to oppose the extension of the Sears TIF District a second … Continue reading
Category Archives: Sears
As the former Sears (former Montgomery Ward) store in Crystal Lake comes down it reminds me of Stonehenge. … Continue reading
At Allen Skillicorn’s Crystal Lake petition pizza party, I learned that District 300 activist Nancy Zettler and attorney with an office in Algonquin is running for State Representative. The Democrat seeks to replace Crystal Lake’s Mike Tryon who is retiring. … Continue reading
I saw placard wavers on Route 14 near Main Street yesterday. They advertising a going-out-of business sale for K-Mart. That’s the second store in that location that couldn’t make it. The first was Robert Hall. As we drove past Sears … Continue reading
Crain’s Chicago Business is reporting that the Northwest Highway Sears store is being put up for least. Sears bought the store from Montgomery Ward. Montgomery Ward closed its store on the Woodstock Square to move to the Crystal Lake spot. … Continue reading
I can’t remember a better written explanation of what the General Assembly did for Sears in 1989 and last year than what James Krohe, Jr., has written this week in Illinois Times. “By the late 1980s, Sears & Roebuck had … Continue reading
Here’s another indication that members of the Illinois General Assembly should not be in charge of investing your retirement money. My first non-part-time job was as a Budget Examiner of the United States Budget Bureau. As a baby budget examiner, … Continue reading
A press release from State Rep. Kent Gaffney: Rep. Gaffney votes to protect IL jobs, provide tax relief to working families and business Springfield, IL… In an effort to provide tax relief to Illinois businesses and working families, State Representative … Continue reading
A press release from School District 300: Sears legislation passes House, headed to Senate SPRINGFIELD – Legislation to extend the Sears EDA for another 15 years and provide additional tax credits to Sears passed the Illinois House of Representatives this … Continue reading
The Chicago Tribune is reporting that the State of Ohio has offered Sears $400 million in benefits to pull up the moving vans and take the tollways east. That will put one lakefront home in my neighborhood (originally owed by … Continue reading
State Senator Dan Duffy emails that he voted against the bill to bailout Sears and sends the following explanation: The BAIL OUT bill Passed in the Senate. The bill gives Sears and CME a special tax break, along with creating … Continue reading
A press release from District 300: EDA issues clarified; D300 “reluctantly satisfied” SPRINGFIELD – Several of District 300’s core concerns about the latest EDA legislation were successfully addressed in a hearing today (Nov. 28) at the State Capitol, prompting a … Continue reading
Accompanying the following press release from School District 300 was this email message: If you haven’t already done so, please read the following urgent news release issued by Community Unit School District 300 this evening about the new legislation filed … Continue reading
A press release from School District 300: New Sears EDA legislation lacks accountability, transparency, and efficiency SPRINGFIELD – District 300 leaders discovered this afternoon (Monday, Nov. 7) while at the State Capitol that poorly written legislation had been hastily filed … Continue reading
This morning McHenry County Blog revealed the details of the Sears bailout bill. Allison Strupeck, District 300’s Spokesperson, reacted with the following: To be very clear, the new legislation that Senators Dan Kotowski (the chief sponsor of the original Senate … Continue reading
At the McHenry Township Hall McHenry County Republican Central Committee meeting, State Senator Pam Althoff was asked what the Sears subsidy bill was going to do to/for School District 300. She outlined three elements: District 300 will get twice as … Continue reading
A press release from District 300: D300 proposes compromise The following is a statement from Superintendent Michael Bregy, speaking during a press conference at Senator Michael Noland’s Office in the Illinois State Capitol in Springfield (1 p.m. Tuesday, Oct. 25): … Continue reading
That’s what I thought when I saw the following article in today’s Chicago Tribune: … Continue reading
From Carpentersville District 300: ECONOMIC DEVELOPMENT AREA (EDA) FACTS Is Amendment 3 of Illinois Senate Bill 540 the right way – or even the best way – to keep Sears in Illinois? Illinois leaders are expected to make their final … Continue reading
If the District 300 manage to win the fight not to be forced to subsidize Sears for another couple of decades, I’ll be really surprised. Although one of the largest school districts in Illinois, the Carpentersville-based tax district is still … Continue reading