CATLIN – Village officials unveiled a $522,214 spending plan for the 2010-11 fiscal year on Tuesday that includes a projected deficit of about $22,000.
Mayor Clay Woodard said village officials prepared a budget with a focus on maintaining village services. He said the unpredictability of state funding prevented the board from taking on any big projects next year.
CHAMPAIGN – The Champaign-Urbana Mass Transit District board Wednesday formally committed the MTD to the Urbana-Champaign Big Broadband Consortium.
The MTD will pay $339,102 to become part of the group, plus an annual fiber maintenance charge of $24,910 during the 20-year term of the agreement.
URBANA – Acceptance of a $22.5 million federal grant by Urbana City Council members Monday means that local officials can now begin the hard work – actually building a fiber-optic network.
DANVILLE – The public can meet area employers who are recruiting for part- and full-time positions at the Career Connections Job Fair 2010 on April 14.
The job fair will be held from 9 a.m. to 1 p.m. at Danville Area Community College's Mary Miller Gym, 2000 E. Main St.
URBANA – Creative Thermal Solutions has been around only seven years, but already the Urbana-based company has made a mark.
The firm, which works on dozens of air-conditioning and refrigeration projects, employs 30 people, many of them highly educated researchers.
URBANA – If you can buy an iPad today – supplies may be limited – you'll have instant access to thousands of free books through a ground-breaking local organization.
Apple Inc. may sell 7.1 million of the $499 iPads this year, said California-based market researcher iSuppli Corp.
MAHOMET – A Mahomet supermarket is among 11 food businesses nationwide to receive a Green Grocer Award from Progressive Grocer magazine.
What earned the Mahomet IGA the honor was an innovative geothermal system that helps minimize the store's heating and cooling costs.
Since the magazine announced the awards in its March issue, "we've had a number of grocers of all sizes come" to take a look, store owner Brooks Marsh said.
CHAMPAIGN – Central Illinois Bank's parent company reported its first annual profit in seven years this week.
But the profit came largely as the result of a one-time gain related to the extinguishment of debt. The parent company, Wisconsin-based CIB Marine Bancshares, reported net income of $13.7 million for 2009, thanks to a $54.5 million gain related to completion of a prepackaged plan of reorganization. The last year CIB Marine reported an annual profit was in 2002.
The Great Frame Up, the custom framing, print, poster and framed-art shop in Champaign, is closing.
Jim Wisniewski, who owns the business with his wife, Carol Wisniewski, attributed the closing to the economy. Business has slowly declined over the last six months, he said.
The store opened at 2141 S. Neil St. in the Shoppes of Knollwood in 2003.
CHAMPAIGN – Looking for a business resistant to recession?
Charlie Li thinks he has one.
Li's company, American Analytical Chemical Laboratories, does independent testing of nutritional supplements and other substances.
Six years ago, the company had 13 full-time employees and two part-timers. Today it has 20 full-time employees and three part-timers.