Stadium authority lets Chicago taxpayers off the hook, refinances $21.4 million in Soldier Field debt – Chicago Sun-Times*

The bonds that funded the $660 million Soldier Field renovation are paid off with part of the city’s hotel tax — but that financing package also assumed hotel tax revenue would grow a rosy 5.5% a year. When it doesn’t, Chicago taxpayers are supposed to make up the difference - as they did in 2011.