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:
“We have no one to blame for the Kennedys but ourselves. We took the Kennedys to heart of our own accord. And it is my opinion that we did it not because we respected them or thought what they proposed was good, but because they were pretty. We, the electorate, were smitten by this handsome, vivacious family.... We wanted to hug their golden tousled heads to our dumpy breasts.”
—P.J. (Patrick Jake)
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
—Friedrich Nietzsche (1844–1900)