-- Connecting the dots between our economy, government and business --
Frank Bilecki, executive director of the Illinois Sports Facilities Authority, said the Bears are eyeing the same portion of the hotel tax the White Sox hope to use to fund a new stadium in the South Loop. “Both teams appear to understand that the continuation of the 2 percent hotel tax is unlikely to pay for two new stadiums and pay off the legacy [outstanding] stadium debt,” he said.
Audio and summary linked here.
A mess of uncertainty and litigation is sure to follow.
Summary and audio linked here.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Let the taxpayers put their cards on the table. Stick it where the sun doesn’t shine, the nerve of these idiots. Who is going to cover the existing debt, let Zippy add it to his budget. The rest of Illinois does not need to pay for this sh.. These idiots own billion dollar businesses Let them tap the bank. Go ahead pay for the illegal migrants add the rest of the crap we are forced to pay for nothing left for existing residents. The exodus will turn into a tsunami of People leaving. Hell the residents of Illinois are nothing… Read more »
Does anyone go into the lodging business to fund another businessman’s professional sports teams?