Illinois Public Media News

AP - Illinois Public Media News - March 03, 2010

UI Foundation Sells Pell Farm

160 acres of farm property for growing fruit in Southeast Urbana is being sold by the University of Illinois Foundation, the university's fundraising arm.

The successful bidder for the Pomology Farm, or Pell Farm, is not being disclosed, but the property was listed for sale at $3.2 million. U of I Foundation spokesman Don Kojich says it still had debt on the site adjacent to Meadowbrook Park , that was in excess of $7 million in Fiscal 2009. "The pomology operation had moved from the university so the foundation didn't need the land anymore,' says Kojich. "We're looking to find a way to relieve ourselves of the debt of the property and prepared it for sale."

Kojich says he expects the Foundation to close on the sale within the next couple of months. In 2006, the U of I and its Foundation conducted a land swap, giving up the Pell Farm in exchange for tracts of land used for the South Farms, as well as property near Willard Airport.

Categories: Business, Education

AP - Illinois Public Media News - March 03, 2010

State Board Approves One of the Final Pieces in Carle Merger Puzzle

The Illinois Department of Insurance is the only agency that stands in front of the merger of Carle Foundation Hospital and Cale Clinic Association.

The deal would have the not-for-profit Carle Foundation purchase the for-profit clinic for $250 million. The clinic's Health Alliance Medical Plans would be the only business to remain for-profit.

Yesterday without opposition, the state Health Facilities and Services Review Board approved a certificate of need clearing the way for the purchase. Carle says the merger will make the organization a stronger health care provider and give the clinic's doctors a stable place of employment. Federal regulators have not raised any questions about the deal - if the state insurance department approves, Carle says the merger could be completed in April.


AP - Illinois Public Media News - March 03, 2010

Search Begins for New Champaign District 5 Council Rep

The city of Champaign is looking for someone to serve as interim city councilman for District Five, the city council seat left vacant by Dave Johnson's resignation. Council members approved a process for appointing Johnson's replace at Tuesday night's meeting.

One interested applicant was present at the meeting. Gordy Hulten is Director of Sales and Marketing for the Devonshire Group, and a Republican precinct committeeman. But many followers of Champaign County politics know Hulten best as the man behind the local political blog, Illinipundit.

"I have, because of illinipundit.com, probably paid as close attention to Champaign city government as anybody in the community over the past 5 or 6 years," Hulten said. "I've grown to love city government, I've grown to love the people who are involved, the culture of cooperation and problem solving that exists on the staff and on the council, and I'd really like to be a part of that."

Hulten says he hasn't decided whether he'll continue producing Illinipundit if appointed to the Champaign City Council, saying he may no longer have the time. But he says if appointed, he'll run for the council seat in the 2011 mid-term election.

The process approved by the Champaign City Council last night gives applications until March 22 to apply for the position. The council will interview the candidates at a special study session, and vote on their selection on April 20.

Categories: Government, Politics

AP - Illinois Public Media News - March 03, 2010

CU Big Broadband Project Wins Federal Money, but Local Match Isn’t a Sure Thing

The U-S Commerce Department has awarded $22.5 million for Champaign-Urbana's Big Broadband project. Now, the Champaign and Urbana city councils and the university of Illinois have 30 days to decide if they'll commit matching funds to the project --- a combined total of $1.3 million.

Champaign City Councilman Will Kyles says he's looking forward to a March 16 council meeting with the consultant the two cities hired to review the Big Broadband proposal. Kyles says he wants to ask Doug Dawson about his concerns with the long-term financial viability of the Big Broadband plan.

"I think it's more the sustainability piece that we're concerned about, as in his report he's projected that we would eventually start losing money. And he also talked about how technology is always changing. So I'd definitely want to talk to him," said Kyles

The federal stimulus money announced Tuesday would fund two major components of the Big Broadband project --- the installation of underground fiber-optic rings making up the backbone of service, and fiber-to-the-home installation of the service in areas considered underserved by broadband providers.

Two other components did not win federal funding. They're both aimed at expanding computer access for underserved populations. Big Broadband proponent Mike Smeltzer says efforts are already underway to re-enter those components in the 2nd round of federal funding.


AP - Illinois Public Media News - March 02, 2010

Contract Bid Awarded, Lincoln Hall Renovation to Begin This Month

The bid has been awarded, and the long-awaited transformation of one of the University of Illinois' most-used buildings should be underway by the end of the month.

On Tuesday the state awarded the largest bid for the $66 million project to a Peoria contractor. That clears the way for work to begin on Lincoln Hall, which has been empty for more than a year because of deteriorating conditions.

Joe Vitosky is with the U of I's Office of Capital Programs and Real Estate Services. He says when Lincoln Hall is finished in the summer of 2012, it will be a completely upgraded facility.

"Classrooms on the first and second floors, with offices on the third and fourth floors," Vitosky said, listing the changes. "The closed backstage area of the theatre will be converted to a new classroom. We'll have office space on all four floors, we'll replace the floor, ceiling and wall finishes, abate asbestos materials, and we'll be purchasing movable equipment."

But Vitosky says the theater and lecture hall which hosted thousands of U of I students over its 100-year history will still be there.

The U of I unsuccessfully tried to get the classroom facility updated for more than a decade until state lawmakers funded it last year as part of a capital construction program. Vitosky says despite remaining questions over how the state will fund the capital bill, the money is in hand.


AP - Illinois Public Media News - March 02, 2010

UI Springfield Chancellor Steps Down

The University of Illinois will lose another leader. The head of the Springfield campus, Chancellor Richard Ringeisen, announced his retirement Monday.

Ringeisen says his decision to leave UIS after nearly a decade has everything to do with wanting more time with his grandchildren, and nothing to do with the university's financial troubles. Delays in state payments have led to furloughs and layoffs. Further cuts -- possibly as high as 15% -- are expected.

Ringeisen says he will stay on until the end of October, then he and his wife will move to South Carolina. "It will be difficult to leave a job I love. An institution I love. And a city that has become a wonderful home to Carolyn and me," Ringheisen said.

Ringeisen says since he became chancellor he's proud of overseeing a nationally recognized online degree program ... expanding athletics ... developing a fine arts program ... and transitioning a two-year school into a more traditional four-year one. "The kind of small public arts university that Illinois did not have," Ringheisen said. "Well, it has one now."

Ringeisen says the search for a successor will begin soon, but that one won't be in place by the time he leaves. He says the provost could take over in the interim with a new chancellor on board early in 2011. Ringeisen says he'll stay on even then as a special advisor to the university president.

Categories: Education

AP - Illinois Public Media News - March 02, 2010

Sheriff’s Office says Omo-Osagie’s Death was Self-Inflicted

Authorities say Champaign-Urbana landlord Gabriel Omo-Osagie shot his wife before turning the weapon on himself. The 51 year old Urbana Township man died Saturday in what Champaign County Sheriff's investigators say was a result of a domestic dispute.

The sheriff's office says that Omo-Osagie and his wife Stephanie Bond argued, after which Omo-Osagie took out a firearm and shot Bond several times before shooting himself. According to a sheriff's news release, an autopsy conducted Monday morning determined that Omo-Osagie's bullet wounds were consistent with a self-inflicted injury.

Omo-Osagie was a native of Nigeria who owned several apartment buildings in Champaign-Urbana under the name Gabe's Place. Court records show that he had been charged with domestic battery last November, and ordered to have no contact with his wife. But the order was modified to allow contact, and to let Omo-Osagie visit their home on Highcross Road, but not stay overnight.


AP - Illinois Public Media News - March 02, 2010

Microfinance Nobel Laureate Inspires Developer to Seek to Open Bank Branch in C-U

Muhammad Yunus and his Grameen Bank won the 2006 Nobel Peace Prize for the concept of "microfinance". Now a local businessman wants to bring the concept to Champaign-Urbana.

Developer Peter Fox says he's in talks with Yunus to open a branch of Grameen America bank in Champaign-Urbana. He and his wife are pledging $100, 000 toward the project.

"This will be a donation to capitalize the bank", says Fox. "Then after that, we'd raise additional money. Obviously, we would do it on behalf of Grameen and they would set the ground rules. So we're just trying to be the catalyst to get it started --- then they would operate the venture."

Yunus explained the principles of microfinance during a talk Monday nigh at the University of Illinois. It involves the loaning of small amounts of money to people too poor to qualify for traditional bank loans, so they can start or improve their own businesses.

"We run a banking program in New York City right now, in Jackson Hieghts, called Grameen America, exactly the same as we do in Bangladesh, and with the same result", says Yunus. "We have over 2,000 borrowers have there -- all women. Average loan about $1500. Repayment is near 0."

From its start in Bangladesh in the 1980s, Grameen and other organizations offering "microcredit" have spread around the world, including to the U-S. Fox says he's very impressed with Grameen America bank, which currently runs operations in New York, San Francisco and Omaha. He says he'll need to raise another $700,000 to $800,000 for Grameen America to come to Champaign-Urbana.

Yunus' talk at the Univesity of Illinois received a standing ovation from a near-capacity crowd at Foellinger Auditorium on the U of I campus. Afterwards, university Interim President Stanley Ikenberry presented Yunus with the university's Presidential Award and Medallion.

Categories: Economics, Education

AP - Illinois Public Media News - March 01, 2010

Katherine Reutter’s Father Says She Already Has Sights Set on Olympic Gold in 2014

The father of speed skater and Champaign native Katherine Reutter says the amount of effort put into Winter Olympic events should be viewed as a victory in itself.

Jay Reutter says getting past the intensity level in Vancouver served as a wakeup call for a daughter whose highest competition prior to last month was in the 2009 Speed Skating World Cup. Before Reutter earned silver and bronze medals, she competed in the women's 1,500 meter finals, finishing fourth. Jay Reutter says getting anywhere near the top in that event is a struggle, with a lot of bumping and pushing along the way. "I was happy with the way she fought," says Reutter. "I was happy with the way she handled herself in the races. She never gave up. She fought as hard as she could, and that's all I could have ever asked of her. But it was probably significantly more intense than she was prepared for. And some of that she had to try to play down just to try to keep control and be able to perform well."

Reutter later won the bronze medal in the ladies' speed skating 3,000 meter relay, and the silver medal Friday night in the ladies' 1,000 meter race. Jay Reutter coached her daughter through much of her youth, but says he can't take sole credit. He says former Olympic figure skater Erin Gleason did some additional coaching, while Champaign Centennial High School football coach Mike McDonell helped out on Katherine's approach to sports. She graduated from Centennial High in 2006. Jay Reutter says his daughter probably won't be satisfied until she's recognized as the world's top speed skater, and already plans to start training for the 2014 Winter Games in Russia.

After winning the silver medal, Reutter told her parents she'd donate the monetary value of both her medals, about $25,000, to her parents to remodel their basement. But Jay Reutter says they won't hold her to that pledge.


AP - Illinois Public Media News - March 01, 2010

One Economic Index Continues its Long, Slow Creep Up

It may be a long, difficult path to recovery for the Illinois economy according to one indicator.

Each month the University of Illinois Flash Index measures tax revenue to give a snapshot of the state's economic performance. Author Fred Giertz says in February the index inched up to 91.5 after two months at 91.2. The reading is well below the dividing line between growth and contraction, and it's been there for the last year and a half.

Giertz says corporate tax receipts in Illinois are showing signs that the recession is breaking, but that hasn't started translating into more employment.

"The stock market has gone up a lot in the last year because of expectations, and businesses are actually starting to do better," Giertz said. "But the problem is that they're not doing as much hiring now because more efficient during the downturn and they don't need as many people to produce the goods (and services) as they did in the past."

Giertz says many observers predict a very slow decline in unemployment rates over the next year, even as the economy improves.

Categories: Business, Economics, Education

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