Capitol Fax.com - Your Illinois News Radar


Latest Post | Last 10 Posts | Archives


Previous Post: SUBSCRIBERS ONLY - Today’s edition of Capitol Fax (use all CAPS in password)
Next Post: Open thread

Isabel’s morning briefing

Posted in:

* ICYMI: Happy Valentine’s Day! Here’s some ❤️ stories to start your day…

* Isabel’s top picks…

Click here for Equality Illinois’ endorsements for the 2024 primary.

* Here’s the rest of your morning roundup…

posted by Isabel Miller
Wednesday, Feb 14, 24 @ 7:46 am

Comments

  1. The master manipulator and king of slime gets three words from a judge that are often used when people think of him, “greed, fraud and arrogance”

    Comment by Lurker Wednesday, Feb 14, 24 @ 9:34 am

  2. With regard to the Bear story in the Herald this quote really stood out to me…

    “The so-called Payments in Lieu of Taxes financing mechanism would freeze the assessment at the 326-acre property for up to 40 years, while annual tax payments to the schools and other taxing bodies would be subject to negotiation with the club.”

    The Bear want to pay property tax on a valuation of well under $100 million even though they paid $197 million (which would then be the current value of the property, which would then create a tax number on 33 1/3% of that value) and yet, the future estimate of the investment is $5 Billion. If what the districts say is true, and I do believe them based on my experiences, they would lose out on the difference in value which is massive.

    The Bears are definitely the greedy ones and want the public to pay the freight for their private enterprise.

    Comment by JS Mill Wednesday, Feb 14, 24 @ 9:59 am

  3. Agree with JS Mill.

    And then to freeze that payment plan for 40 years, with the only proviso being that the city ask if the Bears will “negotiate” for more payments later, is not exactly the sort of contract to be signed.

    Comment by H-W Wednesday, Feb 14, 24 @ 11:06 am

  4. Given the disfunction of the US House, I don’t think any member of the majority there can accurately describe themselves as “governing.”

    Comment by Dunwich Snorer Wednesday, Feb 14, 24 @ 11:22 am

  5. The Superintendents are fighting the god fight and they should be applauded. The Bears are making a naked power grab for more cash while their gobs are still full of public money from previous shakedowns. This greed will result in higher taxes, decreased services, and gridlocked traffic. This is a ripoff.

    Comment by Stormsw7706 Wednesday, Feb 14, 24 @ 12:45 pm

Add a comment

Sorry, comments are closed at this time.

Previous Post: SUBSCRIBERS ONLY - Today’s edition of Capitol Fax (use all CAPS in password)
Next Post: Open thread


Last 10 posts:

more Posts (Archives)

WordPress Mobile Edition available at alexking.org.

powered by WordPress.