Waiting For Millions in East Moline - News and Weather For The Quad Cities -

Waiting For Millions in East Moline

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It's been a project that people in East Moline are all too familiar with. 

A development project that could make the city millions each year in property and sales taxes. 

But - it hit a roadblock earlier this month - and put everything on hold. 

But now it seems things are once again moving in the right direction. 

The city attempted to set a TIF district to entice new businesses to come to East Moline in exchange for lower tax rates. 

But when the numbers didn't add up the first time around - it was back to the drawing board. 

Tonight - the City Council is attempting to push a second TIF district to a full vote. 

And if it succeeds - which most believe it will -  East Moline will be one step closer to breaking ground on a 135 acre project that will bring in businesses ranging from retail to gas and convenience to hotels. 

But the big winners may be the existing business owners in East Moline's downtown - and few are more excited than them for new money coming into the city. 

"I hope it will bring a lot of people to the area."

John Danley owns Herald Printing. 

It's been around a long time - over a century. 

Before John owned it - his father did - so Johns has seen the East Moline downtown come.. and go. 

"Businesses has moved out and we need new blood, new people," says Danley.

Danley's expertise is printing for new businesses. 

From cards to envelopes and everything else in between. 

So when any new business comes to East Moline and needs work done - that's good business for Danley. 

"The more businesses there are, the more opportunity we have."

But Herald Printing isn't the only business looking forward to new life in East Moline. 

Downtown businesses up and down the corridor are waiting for new population.

And with that - new money.

 

If tonight's vote goes as planned - East Moline could see construction starting as soon as March. 

East Moline could see million of dollars in revenue from the sales and property taxes from the new businesses moving in.