A hawk perched on a light pole surveys the Mississippi riverfront on a late autumn afternoon.

Isle of Capri, Inc. loses $1 million, Moody's downgrades Isle rating

The Isle of Capri, Inc., owner of Isle of Capri Casino-Bettendorf and Rhythm City Casino-Davenport, lost $1 million - 3 cents per share - in the gambling firm's second quarter ended October 24.

The loss compares to earnings of $1.5 million, 5 cents per share, for the same period in 2009 when the company recorded a large $6 million income tax benefit.

Revenues at the Isle's casino, hotel and racetrack properties remain flat totaling $246.7 million for the second quarter, compared to $246.1 million for the same three-month period in 2009.

U.S. EPA orders Bettendorf firm to address hazardous wastes

A Bettendorf metal electroplating firm, Heartland Plating Co., has been ordered by the U.S. Environmental Protection Agency (EPA) to immediately address improper hazardous waste storage at its 2900 Elm Street plant.

The EPA's regional office in Kansas City issued the administrative order Wednesday (11/24) after inspectors last month "documented throughout the facility spilled and abandoned materials for which the company’s representatives could not provide complete and accurate hazardous waste determinations."

City officials take aim at enterprise funds as gambling revenues stagnate

Faced with stagnant gambling revenue, Bettendorf officials are once again eyeing cuts to the so-called "enterprise funds" which include the city owned fitness center, golf course, swimming pool and Family Museum.

Lee Enterprise revenues decline; profits up in fiscal 2010

Lee Enterprises (owner of the Quad City Times) managed to post a $46 million profit in fiscal 2010, despite a 7 percent decline in yearly revenue and a 9 percent decrease in advertising revenue.

For the fiscal year ended Sept. 26, Lee reported earnings per share of $1.03, compared to a loss of $2.77 per share ($123 million) in fiscal 2009.

The positive earnings despite lower revenues were possible because operating expenses were down 10 percent, compensation down 7 percent and newsprint and ink costs decreased nearly 25 percent.

Waiting for the bus on 18th Street

A young man sits on the ground in a new partially completed bus shelter on 18th Street, Bettendorf. The shelter is one of a half dozen new enclosures added recently along bus routes in the community, and is the first one on 18th Street, the city's main north-south traffic corridor.

The 10 new shelters were purchased by the transit department with the help of federal funds at a total cost of $77,900.

Republican state senate candidate gets $15,000 in PAC money

Republican state senate candidate Roby Smith has received more than $15,000 from political action committees (PAC's) since June, including money from the Koch Industries PAC in Washington, D.C. and Mitt Romney's "Free and Strong America" PAC in Massachusetts.

Billionaires David and Charles Koch, who have become synonymous with financing of Tea Party candidates around the country, are primary contributors to the Koch PAC. For details of how the Koch brothers' have organized and funded front groups to further their political agenda, CLICK HERE.

Smith has raised nearly $29,000 since June, with more than half - $15,250 - from PAC's. Romney's PAC organization and the Koch PAC both contributed $500.

Other top PAC contributions to Smith's campaign include: $2,500 from the Iowa Bankers' Association; $1,500 from the Iowa Association of General Contractors; $1,500 from the Deere & Co. PAC; $1,000 from the Master Builders of Iowa; $1,000 from the Iowa Hospital Association; and $1,000 from the Iowa Association of Business and Industry. The Scott County Republican Central Committee has contributed $1,400 to Smith's campaign since June.

Spending by pro-gambling campaign lobby $103,000 and counting

The Isle of Capri Casino, Inc. has spent more than $100,000 to convince Scott, Black Hawk and Clayton County voters to renew its "riverboat" gambling franchises in Bettendorf, Davenport, Waterloo and Marquette.

The $103,116 spent by the four Isle lobbying groups as of Oct. 19 includes $19,000 for polling and surveys, $15,000 in miscellaneous "unitemized" expenses, $14,000 for campaign brochures, $3,700 for yard signs and more than $14,000 to pay casino employees for campaign travel/planning, yard sign distribution and campaign calls/presentations.

The four registered campaign committees - Citizens for The Continuation of Gambling in Scott County; Isle of Capri Casinos, Inc.; Isle of Capri Bettendorf, L.C.; and Isle of Capri - Davenport, Inc. - are funded entirely by the Isle from donations by its casinos. Not a single individual is listed as having contributed either money or in-kind services to the casino campaigns.

Record street spending in fiscal 2010 offset by record level of debt costs

A record $36.5 million was spent in fiscal 2010 for street construction, repairs and maintenance in Bettendorf, but soaring principal and interest payments meant fewer dollars were actually available for upgrading and maintaining city roadways.

According to street financial reports filed with the Iowa Department of Transportation, city spending on streets increased from $28.7 million in fiscal 2009 to $36.5 million for the fiscal year ended June 30.

PV school district to seek legislative changes for TIF approvals

After the city of LeClaire ignored its objections to the creation of yet another tax increment financing (TIF) district, Pleasant Valley school officials say they plan to seek changes in state law to give schools "a real voice" in the TIF approval process.

City discharges millions of gallons of sewage into Mississippi River each year

A series of pumps stand along Bettendorf's riverfront ready for use when heavy rain seeps into the Davenport and Bettendorf sewer system and creates peak flows the Davenport treatment plant is unable to handle. That's when the equipment begins pumping untreated sewage (diluted with the rain water) into storm water pipes that discharge into the Mississippi River.

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