The University of Illinois sold farmland in DeKalb County this week for just over $8 million to fund agricultural scholarships and expansion of the South Farms.
The amount was about what the university and its broker had expected; farmland sells at a premium in DeKalb County and other counties in the Chicago region, said Kevin Noland, director of cash management and agricultural investment with the university.
MAHOMET – Each Wednesday, vendors gather their home-grown, baked and crafted goods and offer them for sale at Mahomet's Market on Main, and customers buy them.
But the market is more than simple economics. Both buyers and sellers say the market is a way to acquaint themselves with their neighbors and support local food systems.
CHAMPAIGN – A local company in the business of providing communications services, including fast Internet access, to student apartment complexes and other customers plans to wire, or rather unwire, Champaign's downtown for access to the Net anywhere.
Once installed, the wireless system should cover the downtown area and West Side Park, according to T.J. Blakeman, the Champaign city planner who has worked on the project with Pavlov Media.
GIFFORD – Gifford is offering new home buyers an incentive to purchase a lot in the town's two newest subdivisions.
At Thursday night's meeting, village board members approved a one-year waiver beginning June 8 of the normal $450 fee required for water and sewer hookups at the urging of resident Eldon Hesterberg. He called the move "a jump-start" for the newest subdivisions much like the village board previously authorized for North Point Subdivision.
DANVILLE – Anyone looking for an end table, a haircut – and more than 250 items for less than a quarter – must visit downtown Danville.
Two new businesses, D.J.'s Hair Zone and Charlie's Used Furniture, opened last week, and another longtime downtown business, D&S Wholesale, has changed ownership.
TOLONO – Broken sidewalks in the Windstone subdivision need to be fixed, but it's not clear whose responsibility it is to pay for those repairs.
Village Engineer David Happ on Tuesday gave village trustees a list of sidewalk panels that he estimates will cost $19,500 to replace. Most of the 1,952 square feet of sidewalks are in the 300 blocks of Windstone and Deerpath drives and west of two eight-plexes on James Street.
ARTHUR – With the success of the Third Saturday Market in Arthur with crafts, antiques and flea markets, promoters are expanding to include a farmers' market.
As more produce becomes available throughout the Amish countryside, the market June 16 will add a number of vendors selling garden plants and perennials in conjunction with the Arthur Garden Walk, also to be held that day.
MONTICELLO – Piattran County Transportation is scheduled to receive an extra $210,000 from the state of Illinois once the legislature settles the budget, which could mean expanded services throughout the county.
The state set up a public transportation fund from taking 3/32 of 80 percent of the state sales tax. Previously only large transit authorities such as Chicago and Champaign-Urbana received grants from this fund.
HOOPESTON – Pla-Mor Lanes in Hoopeston closed its doors last Thursday without warning.
According to Bill Nichols, Community Bank president, JoAnn Gress came into the bank office, dropped the keys off and said, "I'm done."
CHAMPAIGN – It will be at least October before Wachovia Securities signs go up at A.G. Edwards offices across the nation, a Wachovia Securities spokesman said Monday.
Under an agreement announced Thursday, Wachovia Corp. plans to acquire A.G. Edwards for $6.8 billion and combine it with Wachovia Securities to form the nation's second-largest retail brokerage firm. Only Merrill Lynch & Co. would be bigger, in terms of financial advisers.