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<blockquote data-quote="Babagounj" data-source="post: 2667911" data-attributes="member: 12952"><p><a href="http://pagesix.com/2017/02/19/barack-obamas-presidential-library-may-need-1-5-billion/?_ga=1.71029520.1835036897.1487538549" target="_blank">http://pagesix.com/2017/02/19/barack-obamas-presidential-library-may-need-1-5-billion/?_ga=1.71029520.1835036897.1487538549</a></p><p></p><p></p><p>The <a href="http://pagesix.com/tag/barack-obama" target="_blank">Barack Obama</a> Presidential Center in Chicago could require a $1.5 billion endowment, its architects say, three times what was raised for the <a href="http://pagesix.com/tag/george-w-bush" target="_blank">George W. Bush</a> Presidential Center in Dallas.</p><p>The Obama Center is due to be so expensive because it will require the construction of both a presidential library and a museum about the lives of Barack and <a href="http://pagesix.com/tag/michelle-obama" target="_blank">Michelle Obama</a>. And federal requirements now stipulate that former presidents must have larger endowments to pay for annual operating costs at the libraries.</p><p>Husband-and-wife architectural team Tod Williams and Billie Tsien noted that it will be difficult to raise such a huge sum because Obama scrupulously declined to do much fund-raising while he was still in office.</p><p>The actual buildings were slated to cost $200 million. “But I told them it will cost $300 million,” Williams said.</p><p></p><p><em>Funny place to build a library considering how little time he has spent there recently .</em></p></blockquote><p></p>
[QUOTE="Babagounj, post: 2667911, member: 12952"] [URL]http://pagesix.com/2017/02/19/barack-obamas-presidential-library-may-need-1-5-billion/?_ga=1.71029520.1835036897.1487538549[/URL] The [URL='http://pagesix.com/tag/barack-obama']Barack Obama[/URL] Presidential Center in Chicago could require a $1.5 billion endowment, its architects say, three times what was raised for the [URL='http://pagesix.com/tag/george-w-bush']George W. Bush[/URL] Presidential Center in Dallas. The Obama Center is due to be so expensive because it will require the construction of both a presidential library and a museum about the lives of Barack and [URL='http://pagesix.com/tag/michelle-obama']Michelle Obama[/URL]. And federal requirements now stipulate that former presidents must have larger endowments to pay for annual operating costs at the libraries. Husband-and-wife architectural team Tod Williams and Billie Tsien noted that it will be difficult to raise such a huge sum because Obama scrupulously declined to do much fund-raising while he was still in office. The actual buildings were slated to cost $200 million. “But I told them it will cost $300 million,” Williams said. [I]Funny place to build a library considering how little time he has spent there recently .[/I] [/QUOTE]
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