Budget "Windfall"
Chicago taxpayers could be in for a $10.5 million-a-year windfall when bridge houses along the Chicago River are decorated for the holidays by private companies in exchange for the right to display their corporate logos, aldermen were told Monday.
Without knowing precisely how large those corporate monikers will be, the City Council’s Transportation Committee gave Lincolnshire-based Fresh Picked Media the go-ahead to launch a “public service sponsorship” program that could some day extend to the riverwalk.
For $1 million-a-year-per-bridge, companies will be free to decorate bridge houses at those locations for the month-long period preceding four major holidays --- Halloween, Christmas, Easter and 4th of July.
- With Chicago facing a record $700 million budget shortfall, aldermen jumped at the chance for a $10.5 million-a-year windfall.
Mmmmmmmmm - the kool-aid tastes so good!
Labels: city politics, money questions
posted by SCC at 12:01 AM
22 Comments:
If Daley could, he would advertise on his parents' tombstones. Or wait, he probably brought them from someone connected.
I like this comment they get 25%.
We’re looking at a projection of $250,000-per-month per [holiday] or $1 million on an annual basis for a sponsor…Based on the 14 bridges at 100 percent occupancy, that’s $14 million in gross revenue and $10.5 million to the city,” said Lynch, whose company would keep 25 percent
"Without knowing precisely how large those corporate monikers will be"
I am thinking that this may be the least of what is not known.
It needs to be posted:
I have a bridge to sell you.
Now back to work.
So if I got this right, we build another 1000 bridges we are in the clear? Awesome! We'll make Chicago look like the Winchester Mansion in San Jose only with bridges.
What dumb schmuck actually thinks that money will be used to pay down the deficit?
The council critters have already spent that money on "fuckery." (great word)
OT - FOP FINALLY updates their "Current" Death Notices page.
Just as was predicted in previous posts, all 4 of our brother officers who were posted yesterday are listed as "All services are completed at the time of this posting." Nice going FOP for not giving us the info so we could have paid our respects! YOU SUCK!
Current Death Notices
Monday, July 26, 2010
Retired Police Officer Paul A. Wojtecki, formerly assigned to the 022nd District, passed away on Thursday, July 15, 2010. All services are completed at the time of this posting.
Retired Police Officer Dennis Oppedisano, formerly assigned to the 025th District, passed away on Sunday, July 18, 2010. All services are completed at the time of this posting.
Retired Police Officer Melvin J. Libner passed away on Monday, July 19, 2010. All services are completed at the time of this posting.
Retired Police Officer John W. Grimes, formerly assigned to Airport Law Enforcement - North, passed away on Tuesday, July 20, 2010. All services are completed at the time of this posting.
Well we paid almost 4 times that to implement Hubermans Culture of Calm in the CPS High schools.
$36 million to put up colored paper telling our youth how to stay calm and talk nicely when an arguement starts.
Havent seen any difference in the culture but $36 million dollars is missing!!!!
Hubermans a JOKE!
What 700 million dollar shortfall?
Isn't this shitty sitting on 3 trillion dollars in TIF money?
Havent seen any difference in the culture but $36 million dollars is missing!!!!
Hubermans a JOKE!
7/27/2010 04:06:00 AM
You haven't seen any difference? How about 400 unemployed teachers?
In a related story, Chicago found another $10.5 million to pay west and south side parents to walk their own kids to school. The parents will be there to keep their children from shooting each other.
Anonymous said...
Well we paid almost 4 times that to implement Hubermans Culture of Calm in the CPS High schools.
$36 million to put up colored paper telling our youth how to stay calm and talk nicely when an arguement starts.
Havent seen any difference in the culture but $36 million dollars is missing!!!!
Hubermans a JOKE!
7/27/2010 04:06:00 AM
And let's not forget about the $60 million that was sent here by Obama to fund Citizen Patrols for the walk home from school.
I'd love to see an accounting for all THAT money, and which rev-runs pockets it went into!
FOP "DO NOTHING" WATCH . said...
OT - FOP FINALLY updates their "Current" Death Notices page.
Just as was predicted in previous posts, all 4 of our brother officers who were posted yesterday are listed as "All services are completed at the time of this posting." Nice going FOP for not giving us the info so we could have paid our respects! YOU SUCK!
___________________________________
These worthless fu*cks at FOP should all be voted out!
Next up--squad cars. Those driving around in marked cars will have enough ads to look like a NASCAR driver. And interviews by the brass wiil start by thanking all of the sponsors just like a post race interview with a NASCAR driver.
Media question: "Commander XXXX, what is the status of the five people shot her tonight."
Response: "I'd like to thank Ford and Chevy for the Crown Vics and the Tahoes. We can get to the crime scenes faster by use of these vehicles. I'd also like to thank Vaneko Realty, the Daley TIF fund, and Alderman XXXX without who's help I would not be standing at this crime scene...."
Hmmmm, how about advertising on squad cars? Or even having PO's rent the back of their vests for side money?
Anonymous said...
"Hubermans a JOKE!"
***********************
This whole fucking City is a joke!
It's a huge dent on our $7 billion dollar budget!
What a joke!
Yeah, wait until someone tags the shit out of it, then they will put cars down to protect it, better yet the Marine Unit. Will they need an event number?
Hey, the stuttering prick can hire 100 officers with that $10 million windfall! Glory hallelujah! See, he knew what he was doing all along.
Those 100 officers will replace those who retired in January and February of this year. Almost.
Anonymous said...
FOP "DO NOTHING" WATCH . said...
OT - FOP FINALLY updates their "Current" Death Notices page.
Just as was predicted in previous posts, all 4 of our brother officers who were posted yesterday are listed as "All services are completed at the time of this posting." Nice going FOP for not giving us the info so we could have paid our respects! YOU SUCK!
___________________________________
These worthless fu*cks at FOP should all be voted out!
7/27/2010 08:19:00 AM
Every one of those services was also posted in each and every CO Book. There were faxes sent via the AMFN.
There was an in the line of duty funeral last week and many of the FOP officers were busy with that and the FOP State Conference in Rock Island.
I know they try to be timely but the FOP web site is not the only source of this information and there is only one person who does the updates. Rich Aguilar. If he doesn't do it, it doesn't get done. Bitch to him directly.
wait til they put signs on the beat cars and fire trucks!
I know they try to be timely but the FOP web site is not the only source of this information and there is only one person who does the updates. Rich Aguilar. If he doesn't do it, it doesn't get done. Bitch to him directly.
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You mean the Rich Aguilar who took about ten seconds to throw together a reply on FOP letterhead and post it on the website the instant SCC asked about certain activities?
$700,000,000.00 and counting on our budget shortfall!
So let's start by eliminating the $millions$ the Aldeman get to spend within their wards which would free up to $50,000,000.00-plus!
Now we're not even talking about freezing their pay-raises and also cutting down how many alderman from the fifty to just twenty-five which give us another couple of milions in savings when you take into account their pay and benefits, their staff and their pay & benefits!!
The City can also cut down on city departments that over lap each other like Street's & San, Electric, Sewers, Forestry, Housing, Building & zoning, Water, and so on that maybe can be put into just a couple that would save on these having all these high paying positions paying thousands of dollars and thier benefits could also save the city millions when you take into account their pensions and so on!
So let's stop playing games and get right down to busness and start cutting waist!! Let's stop kidding our selves and the public putting the blame on the police and other vital city services!
I feel that come election time in the fall november we need to start cleaning house and start electing these knuckleheads out on their ass!! We need to take responsibility for our own actions or lack of when election time comes and start doing something about it instead of just complaining!!
The CPD, CFD and their family and friends and everyone else can still be a force to be dealt with on an election night when all is said and done. Please pass the word to please vote on election day come november and on!!!
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