Proposed Sale
When he first came to office, Illinois Governor Rod Blagojevich proposed selling the building to assuage the state budget. The proposal was heavily criticized. Lawmakers at first agreed to the plan, but later a $200 million mortgage was agreed to instead, payable over 10 years. The plan was declared unconstitutional by Illinois Attorney General Lisa Madigan in June 2004. The plan was set aside, although it had already cost the state $532,000 in legal fees.
Read more about this topic: James R. Thompson Center
Famous quotes containing the words proposed and/or sale:
“I have always been, am, and propose to remain a mere scholar. All that I have ever proposed to myself is to say, this and this I have learned; thus and thus have I learned it; go thou and learn better; but do not thrust on my shoulders the responsibility for your own laziness if you elect to take, on my authority, conclusions the value of which you ought to have tested for yourself.”
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