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|Residents Support Bookstore Revoling Loan
|Local residents have spoken out in favor of a Galesburg man and radio D.J. opening up a bookstore, and having a revolving loan from the City Council to do it.
The Galesburg City Council tabled the proposal two weeks ago, but voted Monday night seven-to-one to okay a $15,000 revolving loan to Ben "Stone" Stomberg so he can open up "Stone Alley Books and Collectibles" near Seminary and Main Streets, sometime in August. Two weeks ago aldermen wanted more documentation, and one said then he figured the business would fail.
Resident Abby Pardik says she and her colleagues at "The Center" downtown near Simmons and Cherry Streets have worked hard to get the business open. "We have collected 1,038 signatures, by dropping off petitions at downtown businesses, and the Public Library," Pardik said. "We also spent one afternoon at Hy Vee on Main St. collecting signatures. Otherwise, people have signed the petitions on their own."
Resident and longtime friend of Stomberg, Kristine Kaden, says she doesn't get how anyone can say the business doesn't stand a shot.
"(Stomberg) has put a lot of thought into this," Kaden said. "He has persevered over many challenges in life, as, I'm sure, we all have. This is another large challenge for anyone, to open a new business. However, he's also gone through the proper channels, like any responsible businessperson would."
Stomberg will receive the city's first Business Innovation Grant now that the revolving loan has been approved, he's receiving breaks and assistance on rent, and has also received other financing in support of the bookstore opening.
|06 15 09 by Newsroom
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