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LEGAL NOTICE 

Request for Proposals
400 Maine St., Quincy, IL
Great Downtown Site for Retail, Office or Residential Building

 The City of Quincy is accepting redevelopment proposals for 400 Maine St. in Downtown Quincy, IL.  The 198-ft. by 99-ft. property is located at the southeast corner of 4th & Maine Streets, across the street from Washington Park.  The property has access to a public alley at the rear.  Zoning is D3, Downtown Riverfront, allowing for a wide range of residential and commercial uses. Proposals are to be submitted in a sealed envelope to:  Interim Director of Purchasing, 730 Maine Street, Quincy, IL  62301.  The outside of the envelope must be clearly marked, “400 Maine St. Redevelopment Proposal.” 

Proposals will be accepted no later than 4:00 p.m., June 30, 2014.  RFP specifications can be found online at: http://www.quincyil.gov/bids. The City of Quincy reserves the right to waive technicalities and to reject any and all proposals.  The City of Quincy reserves the right to accept the most advantageous proposal for the city.

By order of:
James Murphy
Interim Director of Purchasing

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On February 18th, Kevin L. Kliesen, a Business Economist and Research Officer with the Federal Reserve Bank of St. Louis, gave a presentation to the Quincy Rotary Club entitled, “A Look at the National and Local Economic Landscape”.

The presentation included a review of U.S. economic conditions and an outlook for the Quincy-area economy, including key trends that will likely affect a rural economy like ours over the next few years.

Here are a few highlights from the presentation:

• The performance of the U.S. economy should be better than last year.
• Consumers and large businesses are becoming a bit more upbeat. Small businesses appear less optimistic.
• Illinois’ economic performance the past few years has been boosted by strong export growth.
• Midwest manufacturing activity has grown faster than the nation the past few years.
• Quincy has seen healthy growth of real per capita income compared with other areas.

Mr. Kliesen concluded with an outlook for the Quincy-area economy:

• Key indicators suggest that that Quincy economy has outperformed many areas of the state.
• Like most cities its size, Quincy both benefits from and is harmed by national and international trends.
• The so-called manufacturing “renaissance” will continue to benefit Quincy and surrounding areas over the near term.
• Longer term, demographics present both opportunities and challenges for Quincy and other rural areas.

You can view the complete presentation here.

Disclaimer: The views expressed are Mr. Kliesen’s own and do not necessarily reflect the positions of the Federal Reserve Bank of St. Louis or the Federal Reserve System.