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JERSEYVILLE ECONOMIC DEVELOPMENT COUNCIL UNVEILS NEW MULTIMILLION-DOLLAR RAIL-SERVED LOGISTICS PROJECT

- The Mid-American International Gateway Project Brings Transformative Economic Potential to Jerseyville and the Entire Region -

- The Early-Stage Initiative is Projected to Add a Meaningful Amount of New Jobs and Fresh Investment Capital to Local Communities -

JERSEYVILLE, ILL. (Mar. 2, 2018) — A multimillion-dollar economic development project, the Mid-American International Gateway (the “project” or “initiative”), was announced today at an unveiling ceremony in Jerseyville. The project is the result of a collaboration between Stonemont Financial Group (“Stonemont”), a leading private real estate investment firm headquartered in Atlanta, Georgia, and the Jerseyville Economic Development Council. The park will be served by the Kansas City Southern (“KCS”) rail network, which played a key role in forging the ongoing collaboration.

The nearly 1,400-acre rail-served logistics park site will be located east of the existing KCS rail line that passes through rural Jerseyville on its southeast side near Crystal Lake Road. Stonemont projects that construction could begin as early as this year, with deliveries possibly rolling through about 12 months later. The firm also estimates that investments in the project could ultimately total approximately $500 million.

“Stonemont sees transformational potential in this project and that is why we are committed to investing the appropriate amount of capital to help bring it to life,” stated Zack Markwell, Chief Executive Officer of Stonemont. “While the project is still in its due diligence phase, Stonemont believes the park can address critical logistics needs for a wide variety of rail users in the U.S. and Mexico, as well U.S.-based parts and components manufacturers that ship products down to Mexico for assembly.”

JACKSONVILLE, IL… A proposed pension cost shift from the state to local districts is being opposed by Rep C.D. Davidsmeyer (R-Jacksonville) and a group of bipartisan lawmakers because it is an unfunded mandate that will raise property taxes and cut classroom resources. House Resolution 27 (HR27) opposes the pension cost shift on home owners and has already been co-signed by over 30 Republican and Democrat State Representatives. 

“The pension cost shift does not save money, rather shifts the burden onto local property tax payers,” said Davidsmeyer. “At a time when property taxes are already too high, we can’t continue to force the burden and difficult decisions down to local leaders.”

HR27 states that schools already pay for “locally-negotiated early retirement options.” In FY12 local schools paid over $92million in teacher pension costs.

“A pension shift will devastate the rural schools in my district. It will create massive inequities between property rich school districts and rural agriculture based districts,” said Davidsmeyer.

“I oppose unfunded mandates on our school districts. I truly believe that if an idea is worth mandating then it is worth fully-funding. This pension cost shift is another unfunded mandate on local school districts that will raise property taxes and hurt future generations.”

ISVI Government class students visited Rep Davidsmeyer today at the IL State House.

Teachers
Sue Hall, Angie Homer


Students
Tori Lynch
Jade Bryson
Daniel Vargas
Katie Ray
Sadi Stengel
Leo Tomich
Dane Edwards
Bernie Roach
Noah Williams
Colton Weimer

The IL School for the Visually Impaired (ISVI) Goalball Teams are pictured on the IL House Floor with Representatives Hammond, Swanson, Davidsmeyer and Republican Leader Durkin.

The ISVI girl's goalball team won first place in the North Central Association of the School for the Blind Goalball Conference.  The boy's took second place.

Girls Team
Coach Barbara Strang
Tori Lynch
Jade Bryson
Sadi Stengel
Lindsay Bates
Alyssa Root
Katilyn Ryan

Boys Team
Coach Darla Chambers
Leo Tomich
Bernie Roach
Jaylen Brady
Dane Edwards

January 31, 2018...Today, Governor Rauner will give his State of the State address before the IL General Assembly.  Click here to watch the State of the State beginning at 12 Noon (Central).

State Representative CD Davidsmeyer (R-Jacksonville) is highlighted in this week’s House Republican Caucus Podcast “Have All Voted Who Wish.” You can listen to Rep Davidsmeyer’s podcast on reform, the budget making process and fatherhood by clicking here.