Eli Broad's Downtown Museum Could Receive Public Funding

latimes.com:

Eli Broad's willingness to spend an estimated $100 million to build his downtown art museum has been a leading point in its favor, but the fine print of the deal approved earlier this month by L.A.'s Community Redevelopment Agency calls for Broad's museum to eventually receive millions of public dollars as a kind of rebate on its construction cost.

Read the whole story: latimes.com

Comments

[antaeus]

07:04 AM on 08/02/2010

A new museum is a wonderful thing. The timing is very tough for any news of public expense.

[Tommygun264]

05:35 AM on 08/01/2010

At least when Getty tried to buy his way out of hell by donating libraries and museums he did it with his own money. I have no doubt Mr. Broad will get his museum and millions in public support for it and in time it will be hailed as a cultural treasure, but I will not delude myself about his motivations or tactics.

[caffeineod]

02:18 AM on 08/01/2010

comments are being censored here,also...

[ElodieStClair]

01:39 PM on 07/31/2010

Broad is donating a hundred million dollars of his own money to create a cultural institution for the city of Los Angeles that will far outlast the life of Eli Broad. It will be a museum for to be enjoyed by countless future generations of Angelinos. If you want to look at the amount of public versus private funding, this would be one of the cheapest museums (corrected for inflation) ever built by any major city in the history of the world. And because of one leading, manipulative HuffPost headline, you knee jerk self-defeaters are still complaining?

Liberals always complain about Conservatives voting against their own self-interest... well, look at yourselves. The "public funding" that would be spent here is money that is already set aside in a fund for the buidling of new cultural institutions. It's not stealing school lunches from children. It's from the city's fund for building museums. Use your heads people. Seriously. Think.

You stupid centrist Democrats are constantly complain that we don't have proper ministries of culture in this country or that we don't have arts funding, etc, etc, blah, blah. Now you're not only getting your wish, but you're being handed, in your own city, maybe the cheapest publically funded museum in the history of mankind- a museum that is supported by MOCA, REDCAT, the Disney Concert, and Colburn- and you're still griping.

The city is getting a museum darn near for free, and you complain? Fools.

[Harey]

12:51 AM on 08/01/2010

Blah Blah Blah....yeah. He has BIG money and a second rate art collection.

[caffeineod]

02:20 AM on 08/01/2010

he has given his best works to New York....sell this land to the Chinese acrobats and bring in jobs, tourists, and some new architecture...Broad can build in the Valley or in the Miracle Mile....he doesn't need public money or breaks..

[antaeus]

08:21 AM on 08/01/2010

In countries where there are ministries of culture, France being the exemplar, there exists simultaneously funded support for excellent public transportation, teachers, and medical care. In California, the current crisis only exacerbates what are already serious structural failures in public services. The partition between any city "museum fund" and the general coffer strikes many as an artificial one. Maybe L.A. can't really afford a museum fund.

[sheila]

11:52 PM on 07/30/2010

JUST SAY NO LA. We don't need to subsidize a new "art museum" across the street from MOCA - if you want decent art, FIRE DEITCH, hire a curator (not a banker) and give the money to MOCA.

[Lost Angeles]

10:23 PM on 07/30/2010

He's a billionaire and he wants a museum, let him write a check.
Sleaze ball.

[evan la]

05:39 PM on 07/30/2010

Absurd. Opposed.

[caffeineod]

05:07 PM on 07/30/2010

Finally, the truth about Eli Broad and his schemes and the corruption of LA are beginning to leak out....too little too late, I expect.