Started By
Message

re: Taxpayer-funded Bridge Center for Hope: Public can't see lease with former board member

Posted on 2/17/20 at 12:31 pm to
Posted by dixiechick
Member since Sep 2017
918 posts
Posted on 2/17/20 at 12:31 pm to

This post was edited on 9/30/20 at 7:06 pm
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 2/17/20 at 12:34 pm to
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 by The People
LSU Alumni
Member since Aug 2008
4207 posts
Posted on 2/17/20 at 1:08 pm to


This post was edited on 2/19/20 at 7:36 pm
Posted by Motorboat
At the camp
Member since Oct 2007
22666 posts
Posted on 2/17/20 at 4:57 pm to
More details. they released the lease. Must be nice to be a Temple.

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 by Number 9 Fan
Baton Rouge
Member since Jan 2020
681 posts
Posted on 2/17/20 at 5:04 pm to
The 1.1 million dollar deal is growing.
Posted by Motorboat
At the camp
Member since Oct 2007
22666 posts
Posted on 2/17/20 at 5:05 pm to
and the tenant is paying for renovations. Man what a deal!
Posted by Ed Osteen
Member since Oct 2007
57448 posts
Posted on 2/17/20 at 5:13 pm to
Man, they aren’t even trying to hide the “frick you taxpayer”
Posted by BourreTheDog
Member since May 2016
2299 posts
Posted on 2/17/20 at 5:14 pm to
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 by Brummy
Central, LA
Member since Oct 2009
4497 posts
Posted on 2/17/20 at 5:17 pm to
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 by Lickitty Split
Inside
Member since Apr 2017
3908 posts
Posted on 2/17/20 at 6:52 pm to
This seems unethical and illegal
Posted by Lickitty Split
Inside
Member since Apr 2017
3908 posts
Posted on 2/20/20 at 11:14 pm to
Bump because screw the corrupt officials
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 2/21/20 at 12:02 am to
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?
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram