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Started By
Message
Posted on 2/17/20 at 12:34 pm to teke184
quote:
If you are receiving public funds, you BETTER be able to cough up contract details involving the expenditures of public dollars.
shite, in Baton Rouge, if you hide what you're doing, then get called out for illegally padding overtime hours and engaging in political activities funded by the public, we give you MORE money.
Posted on 2/17/20 at 1:08 pm to SPEEDY
This post was edited on 2/19/20 at 7:36 pm
Posted on 2/17/20 at 4:57 pm to The People
More details. they released the lease. Must be nice to be a Temple.
LINK
LINK
quote:
The document contains few surprises, as the general terms—$1.1 million over five years—was already known. But questions had arisen over why the nonprofit agency, which is funded by a 1.5-mil property tax and Recovery Innovations Inc., which will operate the center, refused to disclose it.
According to a review of the lease, which was executed Feb. 1 between RII and Temple’s Human Resource Group, RII will pay a base rent beginning this year of $206,640 for 17,220 square feet of clinic space. That amount will increase slightly each year to $223,673 by year five of the agreement.
Additionally, RII will pay an additional $67,800 per year during the duration of the lease, or $339,000 total, for some 6,780 square feet of storage.
RII will have an option to extend the lease for two additional five-year terms. If the company exercises the option, base rent will increase 2% each year.
Additionally, RII agrees to pay Temple $150,000 to demolish the interior of the building, seal the flooring and secure a new roof. RII, in turn, will complete the buildout of the facility, which will include two crisis suites, a detox suite and a respite suite
Posted on 2/17/20 at 5:04 pm to Motorboat
The 1.1 million dollar deal is growing.
Posted on 2/17/20 at 5:05 pm to Number 9 Fan
and the tenant is paying for renovations. Man what a deal!
Posted on 2/17/20 at 5:13 pm to Motorboat
Man, they aren’t even trying to hide the “frick you taxpayer”
Posted on 2/17/20 at 5:14 pm to Motorboat
When the Tax Certificates come up for sale, purchase for $120K, earn interest and wait 3 yrs. If Temple defaults, redirect lease pmts to new entity = Profits
Posted on 2/17/20 at 5:17 pm to Ed Osteen
quote:
Man, they aren’t even trying to hide the “frick you taxpayer”
But guys, he resigned from the board AFTER they chose his building. That makes everything okay, right?
Posted on 2/17/20 at 6:52 pm to SPEEDY
This seems unethical and illegal
Posted on 2/20/20 at 11:14 pm to Lickitty Split
Bump because screw the corrupt officials
Posted on 2/21/20 at 12:02 am to SPEEDY
They're a private entity. Should all businesses that receive government contracts or subsidies now be subject to public records laws? Or just the ones that aren't for profit?
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