True public cost of Bears stadium would be billions more over time – Chicago Tribune/Yahoo News
Under the Bears’ proposal, the 2 percent city tax on hotel stays would be used to continue paying stadium-related debt for another 40 years. “That’s a very long time for an asset that typically doesn’t last 40 years. It’s one thing for Washington, D.C., to sell century-long bonds for their sewer system, because that’s going to last. But a stadium — to tie up taxpayer dollars for 40 years is a massive bet on this being a good idea,” said Matt Fabian of Municipal Market Analytics.
Tents remain up on campus, despite warnings of interim suspension or even arrest for violating campus policy against encampment structures. Law enforcement still has yet to appear. University officials plan on classes and activities proceeding as normal.
Christopher Gonzalez, a Thornton Township Trustee, was also in attendance for Saturday’s “Take Back Our Township” rally. “I have a lot of the same questions people do, but even beyond that, we are all citizens just trying to get some answers,” Gonzalez said.