Ill. city council will weigh baseball team's debt plan

04/29/2013 | Peoria Journal Star (Ill.)

The Peoria, Ill., City Council is scheduled today to discuss a financial restructuring of the Peoria Chiefs, a minor league baseball franchise, that would require the council to forgive $1.2 million in debt. The team's presence might be in jeopardy if the council does not approve the plan. "The city has made a significant investment in that part of town," Councilman Tim Riggenbach said. "The need to forgive $1.2 million definitely is an additional investment on our part, but I think in the long run, it protects the investments we've made in the past."

View Full Article in:

Peoria Journal Star (Ill.)

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Systems Controls Engineering - Multiple positions
United Technologies
East Hartford, CT
Online Production Manager & Web Developer
GLAAD
New York, NY
CNC PROGRAMMER (CATIA)
ASHLEY MACHINE AND TOOL
WEST WYOMING, PA
Senior Manufacturing Engineer
ASHLEY MACHINE AND TOOL
WEST WYOMING, PA
Director of Marketing
Safe Flight Instrument Corporation
White Plains, NY