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Obama Foundation deal with Chicago calls for $10 fee on 99-year lease: reports
Fox News ^ | September 19, 2018 | Bradford Betz | Fox News

Posted on 09/19/2018 5:58:10 AM PDT by E. Pluribus Unum

The foundation behind the planned Obama Presidential Center in Chicago has a tentative agreement with the city to pay just $10 to use 19.3 acres of city park space for 99 years, according to a report.

The accord is described in legislation that Mayor Rahm Emanuel's administration will send to the City Council on Thursday, the Chicago Sun-Times reported.

If approved, the proposals will bring the estimated $350 million project closer to reality.

Per the agreement, the city will own the buildings and grounds, while the Obama Foundation will be responsible for the center’s upkeep and management, Crain’s Chicago Business reported.

(Excerpt) Read more at foxnews.com ...


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It's the Chicago way.
1 posted on 09/19/2018 5:58:10 AM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

if it is such a good deal for the city, let the next non-Obama crony mayor agree to it, this one is a lame duck.


2 posted on 09/19/2018 6:01:02 AM PDT by a fool in paradise
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To: E. Pluribus Unum

This is fine because Chicago is awash in cash.


3 posted on 09/19/2018 6:05:10 AM PDT by cuban leaf
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To: E. Pluribus Unum

Nice graft if you can get it.

Up next: construction kickbacks.


4 posted on 09/19/2018 6:05:52 AM PDT by Jack Hammer
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To: E. Pluribus Unum

Did he give them some beads and blankets?


5 posted on 09/19/2018 6:06:41 AM PDT by Leep
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To: E. Pluribus Unum

while the Obama Foundation will be responsible for the center’s upkeep and management.

Like a plantation.


6 posted on 09/19/2018 6:09:39 AM PDT by Leep
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To: Leep
Fund raising opportunity for the newly formed 501(c)(3)

while the Obama Foundation will be responsible for the center’s upkeep and management.

The taxpayers will be picking up the tab, IMHO.

7 posted on 09/19/2018 6:19:45 AM PDT by ptsal
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To: E. Pluribus Unum

What are they going to put in there?

He’s SEALED all his records...


8 posted on 09/19/2018 6:20:27 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: Leep

Maybe they can import some of SF’s finest homeless crowd to do the upkeep? They work cheap as all they need is a few extra needles and some TP.


9 posted on 09/19/2018 6:22:06 AM PDT by oldasrocks (rump)
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To: E. Pluribus Unum

Funny. Years ago there was an industrial property on the near south side that was on, I think, the Calumet that the city cold have purchased for $55K to store road salt. Instead, a friend of then Mayor Daley owned it and received millions in rent. That place is such a cesspool.


10 posted on 09/19/2018 6:29:37 AM PDT by rey
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To: E. Pluribus Unum

It’s the Chicago way. …

If that be so, I would venture a guess that it will never get built due to those enterprising BLM folks having stolen most of the building materials. Yes Chicago, like many other demodummie controlled cities needs a new mayor.


11 posted on 09/19/2018 6:31:36 AM PDT by DaveA37
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To: E. Pluribus Unum
And in other news: No difference between Republican and Democrat.
12 posted on 09/19/2018 6:32:11 AM PDT by KeyLargo
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To: Mr. K

There will be no hard-copy records from Zer0’s time in the WH kept at this “library”. There will be terminals where you can access electronic “copies” of records (who knows if they’ll be un-tampered-with). There are also supposed to be meeting spaces and other “collaberative” aspects to the facility. All style (though bad style, just like the Wookiee), no substance.

It’s a “community organizer’s” dream, to be sure. With any luck, in a few years it’ll look like an old Olympics site, full of graffiti, weeds, and broken windows. A perfect encapsulation of the Obongo regime.


13 posted on 09/19/2018 6:35:39 AM PDT by Little Pig
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To: E. Pluribus Unum

“Obama Presidential Center “

I’m sure they meant Obama Temple of Worship.


14 posted on 09/19/2018 6:56:57 AM PDT by antidemoncrat
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To: antidemoncrat

The Kenyanesian Usurper Monument.


15 posted on 09/19/2018 7:11:14 AM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here of Citizen Parents__Know Islam, No Peace - No Islam, Know Peace)
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To: Little Pig

It’s probably going to be headquarters for “the resistance”


16 posted on 09/19/2018 7:34:51 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: DaveA37

“It’s the Chicago way. …”
Sheesh ! He is gnona beat Bonnie and Clyde Klintoon out of the title for ‘501C 3ing things’ !


17 posted on 09/19/2018 7:39:48 AM PDT by litehaus (A memory toooo long.............)
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To: Mr. K

A copy of his golf clubs and fake birth certificate.


18 posted on 09/19/2018 7:43:16 AM PDT by mcshot (Prepare for the new meaning of "riding shotgun".)
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To: mcshot

And a gallery of selfies!


19 posted on 09/19/2018 8:45:30 AM PDT by xp38
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To: xp38

and a tape of him saying I I I I I I I I I I I I I I I I I I over & over again


20 posted on 09/19/2018 9:32:38 AM PDT by thesligoduffyflynns (get off my lawn)
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