“We will not be moving forward with plans to develop the property at this time…”

nc0gnet0

CCS Donator
Donator
Joined:
Nov 27, 2014
Posts:
19,828
Liked Posts:
4,810
I heard the show runners for The Walking Dead were kicking themselves for simply not filming in Detroit. It would have saved them millions since the city already looks post-apocalyptic
" In 2002, Soldier Field, the Chicago Bears home, urgently needed upgrades to modernize the stadium, which was built in 1924. Renovation costs were $587 million in total. The NFL and the Bears organization chipped in $200 million toward the work, and the city of Chicago financed $387 million through municipal bonds levied by a tourism tax in Chicago. According to an investigation by NBC Chicago News, 20 years after the renovation, Chicago owes $640 million on its initial $387 million bonds after years of deferring payments. The city declined to comment to NBC Chicago."
 

nc0gnet0

CCS Donator
Donator
Joined:
Nov 27, 2014
Posts:
19,828
Liked Posts:
4,810
View attachment 29879

Oh look the reetard is wrong again

For the third year in a row, Chicago is America's most corrupt city, and Illinois is the third-most corrupt state
 

Chief Walking Stick

CCS Donator
Donator
Joined:
May 12, 2010
Posts:
47,915
Liked Posts:
26,392

For the third year in a row, Chicago is America's most corrupt city, and Illinois is the third-most corrupt state

Wow welcome to the last 50 years. Thanks for the breaking news, numbnuts.
 

nc0gnet0

CCS Donator
Donator
Joined:
Nov 27, 2014
Posts:
19,828
Liked Posts:
4,810
Wow welcome to the last 50 years. Thanks for the breaking news, numbnuts.
According to an investigation by NBC Chicago News, 20 years after the renovation, Chicago owes $640 million on its initial $387 million bonds after years of deferring payments.

LMAO. Raise hotel and rental car taxes to fund the renovation, then do not pay a dime on the principal for more than 20 years.

Ryan Pace school of economics.

Chitcago.
 

HeHateMe

He/Himz/Hiz
Donator
CCS Hall of Fame '20
Joined:
Aug 20, 2012
Posts:
59,431
Liked Posts:
52,362
the county increases the tax assessment 10x.

Learn to read, you illiterate dumbass.

According to an investigation by NBC Chicago News, 20 years after the renovation, Chicago owes $640 million on its initial $387 million bonds after years of deferring payments.

LMAO. Raise hotel and rental car taxes to fund the renovation, then do not pay a dime on the principal for more than 20 years.

Ryan Pace school of economics.

Chitcago.
Ryan Pace has what to do with this?
 

ZOMBIE@CTESPN

Well-known member
Joined:
Dec 19, 2012
Posts:
19,209
Liked Posts:
17,758
Location:
MICHIGAN
According to an investigation by NBC Chicago News, 20 years after the renovation, Chicago owes $640 million on its initial $387 million bonds after years of deferring payments.

LMAO. Raise hotel and rental car taxes to fund the renovation, then do not pay a dime on the principal for more than 20 years.

Ryan Pace school of economics.

Chitcago.
You need to get out more. Touch grass or a fern.
 

truthbedamned

I don't have a party
Donator
Joined:
Aug 31, 2014
Posts:
16,796
Liked Posts:
9,859
Location:
Socialist Republic of California
My favorite teams
  1. Chicago Cubs
  1. Chicago Bears
  1. Chicago Blackhawks
I don't endorse ngogdicko in the least but this smell's fishy as ****. Maybe the Chicago political machine has informed the tax assessor he needs to make AH an unappealing place because of tax rates. Certainly wouldn't be the first (or last) where the political machine of Chicago had it's hand in the cookie jar.

10x more? Really?
 

Hawkeye OG

Formerly Hawkeye
Donator
CCS Hall of Fame '21
Joined:
Mar 1, 2015
Posts:
34,108
Liked Posts:
35,803
Gotta say, I'm with @Montucky on this one after reading the city council minutes. They are in way over their heads and it's fairly obvious they are not used to any sort of development.

Welcome to Arlington Heights, IL ----> Go to May 8th, Committee of the Whole report and read it.

This is my favorite comment.

1688610694056.png

I read some of the other council minutes too. Bunch of residents are in a tizzy about a 150 unit apartment complex. I don't blame the Bears one bit for not wanting to deal with this.
 

Spitta Andretti

CCS Donator
Donator
Joined:
Aug 21, 2012
Posts:
9,792
Liked Posts:
14,400
My favorite teams
  1. Chicago White Sox
  1. Chicago Bulls
  1. Chicago Bears
  1. Chicago Blackhawks

For the third year in a row, Chicago is America's most corrupt city, and Illinois is the third-most corrupt state

And Detroit is still a BIGGER shithole

This loser is actually arguing for the city of Detroit. Like Michigan is any better when you have places like Flint, Michigan
 

nc0gnet0

CCS Donator
Donator
Joined:
Nov 27, 2014
Posts:
19,828
Liked Posts:
4,810
And Detroit is still a BIGGER shithole

This loser is actually arguing for the city of Detroit. Like Michigan is any better when you have places like Flint, Michigan
Yes, Michigan is way better than Illinois, and it is not even close. Even despite shitholes such as Flint and Detroit, neither of which I live. Other than a teensy tiny little slice of Lake MICHIGAN, Illinois is boring as ****. As for Detroit and Chicago, the point is, both are shit holes, and I would not live in either. But if you want to argue about which landfill smells worse, that is on you.

Nowhere did I argue for Detroit. Learn how to read.

The point stands, Chicago is corrupt as ****.
The 10x increase in property tax assessment further proves it.
Deal with it.


Edit: A nice little fact, if you live in Chicago, you live closer to Gary Indiana than I do to Detroit or Flint.
 
Last edited:

bamainatlanta

You wake him up, you keep him up
Staff member
Donator
CCS Hall of Fame '22
Joined:
Aug 10, 2013
Posts:
39,174
Liked Posts:
36,452
Location:
Cumming
Gotta say, I'm with @Montucky on this one after reading the city council minutes. They are in way over their heads and it's fairly obvious they are not used to any sort of development.

Welcome to Arlington Heights, IL ----> Go to May 8th, Committee of the Whole report and read it.

This is my favorite comment.

View attachment 29885

I read some of the other council minutes too. Bunch of residents are in a tizzy about a 150 unit apartment complex. I don't blame the Bears one bit for not wanting to deal with this.
This is actually typical in these situations, I’ve sat in on many of these town hall hearings. It’s like listening to children cry about not getting a toy at Target, although some do have good points
 

number51

Señor Member
Donator
Joined:
Aug 25, 2012
Posts:
17,327
Liked Posts:
11,351
Location:
Funk & Wagnalls' porch
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Chicago Blackhawks
  1. Notre Dame Fighting Irish
It's been fun dealing with nc0ckneat0, but he seems to have gone over the deep end for real. It was funny, now this guy is just full on pathetic.
 

nc0gnet0

CCS Donator
Donator
Joined:
Nov 27, 2014
Posts:
19,828
Liked Posts:
4,810
The funniest thing is, no one has made one comment on the following:

" In 2002, Soldier Field, the Chicago Bears home, urgently needed upgrades to modernize the stadium, which was built in 1924. Renovation costs were $587 million in total. The NFL and the Bears organization chipped in $200 million toward the work, and the city of Chicago financed $387 million through municipal bonds levied by a tourism tax in Chicago. According to an investigation by NBC Chicago News, 20 years after the renovation, Chicago owes $640 million on its initial $387 million bonds after years of deferring payments. The city declined to comment to NBC Chicago."

Yes, the City actually owes more now, then they did 20 years ago when they first issued the bonds. So much for being such a "big market". No wonder Soldier Field sucks so bad (the worst stadium in the NFL). It's amazing the city can even keep the lights on.
 

cameronkrazie86

Well-known member
Joined:
May 1, 2021
Posts:
5,417
Liked Posts:
8,483
Location:
Vegas
My favorite teams
  1. Atlanta Braves
  1. Golden State Warriors
  1. Chicago Bears
  1. Vegas Golden Knights
  1. Duke Blue Devils
  2. Nebraska Cornhuskers
The funniest thing is, no one has made one comment on the following:

" In 2002, Soldier Field, the Chicago Bears home, urgently needed upgrades to modernize the stadium, which was built in 1924. Renovation costs were $587 million in total. The NFL and the Bears organization chipped in $200 million toward the work, and the city of Chicago financed $387 million through municipal bonds levied by a tourism tax in Chicago. According to an investigation by NBC Chicago News, 20 years after the renovation, Chicago owes $640 million on its initial $387 million bonds after years of deferring payments. The city declined to comment to NBC Chicago."

Yes, the City actually owes more now, then they did 20 years ago when they first issued the bonds. So much for being such a "big market". No wonder Soldier Field sucks so bad (the worst stadium in the NFL). It's amazing the city can even keep the lights on.

It's almost like interest accumulates and when you don't make payments, it grows! WOW, EARTH SHATTERING!
 

number51

Señor Member
Donator
Joined:
Aug 25, 2012
Posts:
17,327
Liked Posts:
11,351
Location:
Funk & Wagnalls' porch
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Chicago Blackhawks
  1. Notre Dame Fighting Irish
The funniest thing is, no one has made one comment on the following:

" In 2002, Soldier Field, the Chicago Bears home, urgently needed upgrades to modernize the stadium, which was built in 1924. Renovation costs were $587 million in total. The NFL and the Bears organization chipped in $200 million toward the work, and the city of Chicago financed $387 million through municipal bonds levied by a tourism tax in Chicago. According to an investigation by NBC Chicago News, 20 years after the renovation, Chicago owes $640 million on its initial $387 million bonds after years of deferring payments. The city declined to comment to NBC Chicago."

Yes, the City actually owes more now, then they did 20 years ago when they first issued the bonds. So much for being such a "big market". No wonder Soldier Field sucks so bad (the worst stadium in the NFL). It's amazing the city can even keep the lights on.

A confused *** mans cry for help.
 

Top