Revitalizing a park mansion - Pleasant Home, Oak Park, Illinois - includes related information
Parks & Recreation, Jan, 1993 by John Hedges
A gradual program was established by which each group will take over an increasing share of the costs of operating and maintaining Pleasant Home over the next several years, while .the park district's share is diminished.
In the first year, through June 30, 1993, the park district will pay all of the operating costs and maintenance, as it has in the past--but each year thereafter the park district's obligation is reduced. For the next year, through June 30, 1994, each group is responsible for 12.5 percent of the total cost, with the park district paying the remaining 75 percent. In the next year, through June 30, 1995, each group will pay 25 percent, and the park district will pay the remaining half. In the following year, through June 30, 1996, each organization will pay 37.5 percent of the total operating costs, leaving only 25 percent as the park district's share.
After July 1, 1996, and during any renewals of the leases, each group will be responsible for 50 percent of the costs, and the park district will not have any financial responsibility for operations and maintenance.
This carefully wrought, systematic solution meets the needs of both groups and their many community supporters. Each organization is allowed to pursue its goals in and for the house, and each is required to work cooperatively with with other to ensure a harmonious occupation.
At some point, if the restoration proceeds according to the foundation's plans, the historical society will need to relocate to other quarters, but it will have had a considerable period of time in which to raise funds and identify a new location. There will be no rushed moves and no surprises.
Working with the community to forge these clear agreements has provided some frustration but a greater portion of satisfaction for park district staff and commissioners. We have avoided a public relations fiasco in relation to moving the historical society, and at the same time found a way for the foundation to pursue its architectural restoration plans. And, perhaps most important, we have mainrained the integrity of our lovely old home without continually draining the limited resources of our taxpayer base.
We expect to fine-tune the leases and to work closely with our new official "tenants" in the coming years as we reap the benefits of our "landlord" status. It's an innovative solution that is working for us, and it could work for your "old house," too.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Reference Articles
- A Maryland state trooper gave Erik Bonstrom an $80 ticket for driving too slowly
- In California, postal worker Dean Hudson has been found guilty
- Alec Loorz, the 15-year-old founder of Kids vs. Global Warming and recent Brower Youth Award recipient, went to Congress in November for a press conference with Senators Barbara Boxer and John Kerry, who are championing legislation to stabilize US greenho
- Foreign exchange
- The buzz on bees
Most Recent Reference Publications
Most Popular Reference Articles
- Credit card debt on college campuses: causes, consequences, and solutions
- 9 questions to ask your new lover: what you were afraid to ask, but always wanted to know
- How Tyler Perry rose from homelessness to a $5 million mansion
- Rejoice anyway - Zephaniah 3:14-20, Philippians 4:4-7 - Living by the Word - Column
- A world without nuclear weapons?



