So this....HERE...
shows how little effort the modern RRStar reporter puts into a story....

"ROCKFORD —

The revitalization of downtown Rockford — a perpetual work in progress — will get a boost in the months ahead with a private, for-profit investment fund to jump-start development projects.

The Rock River Development Partnership is a soon-to-be established nonprofit entity that will raise money for the investment fund, which would use private loans to bridge the gap for projects that could not otherwise raise adequate capital through a traditional mortgage.

The Leadership Council of the Rockford Area Economic Development Council awarded $75,000 today to the Rock River Development Partnership, a proposal submitted by SupplyCore CEO Peter Provenzano."
See,the THING is...The RAEDC receives TAX$$$$$ FROM the city, so it really is kinda bogus to call it a "private"fund....
AND,Provenzano,his influence over LarryBoy is becoming LEGENDARY!!!
(Remember this....
Quote:

...“I’m so upset. Wake up, Rockford,” said Provenzano, CEO of SupplyCore, a government procurement firm in downtown Rockford....
There are other things the city must do immediately, he said. Specifically, “we’ve got to throw every dollar we can at redeveloping downtown.”....

EXCELLENT!eh?

(you know,I recall when the general complaint was 'Rockford Blacktop runs this city'
NOW SupplyCore runs the city...
they way I see it, before(at least)the roads didn't look like bombed-out Baghdad,
now "developers" are sucking up all our taxes....)