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:
“The proposed Constitution ... is, in strictness, neither a national nor a federal constitution; but a composition of both.”
—James Madison (17511836)
“I keep thinking that what I need
to do is buy my leg back.
Surely it is for sale somewhere,
poor broken tool, poor ornament.
It might be in a store somewhere beside a ladys scarf.”
—Anne Sexton (19281974)