Capitol Fax.com - Your Illinois News Radar


Latest Post | Last 10 Posts | Archives


Previous Post: SUBSCRIBERS ONLY - Supplement to today’s edition
Next Post: Open thread

Isabel’s morning briefing

Posted in:

* ICYMI: The White Sox and Bears are discussing a ‘financing partnership’ for two stadiums, developer says. The Sun-Times has the three elements of Related Midwest President Curt Bailey’s government subsidy plan…

Thoughts?

* Related stories…

* Isabel’s top picks…

* Governor Pritzker will be at the Midwest Food Bank in Morton at 1 pm to annouce Illinois Eats grant awardees, click here to watch.

* Here’s the rest…

posted by Isabel Miller
Tuesday, Mar 5, 24 @ 7:43 am

Comments

  1. Re: new stadiums — the Bears and Sox should get the same public subsidies that the Cubs, Bulls, and Blackhawks received.

    Comment by Just Me 2 Tuesday, Mar 5, 24 @ 8:44 am

  2. == Thoughts? ==

    Isn’t it great to be able to get public funding for your private hobby enterprises? /s?

    Comment by RNUG Tuesday, Mar 5, 24 @ 8:50 am

  3. “public funding for your private hobby enterprises” makes it well worth the investment. /s

    Comment by Huh? Tuesday, Mar 5, 24 @ 8:55 am

  4. TAKE money from folks unless they share your values, wow Toni how about GIVE money? Harris gave his own personal cash to Ethan Hastert, Republican, anti choice, and directed corporate lobbying dollars to Bill Brady who is wow conservative. Why is that not a concern?

    Comment by Amalia Tuesday, Mar 5, 24 @ 9:04 am

  5. The Sox and Bears teaming up is taking two separate political losers and merging them into a bigger political loser.

    Comment by ChicagoVinny Tuesday, Mar 5, 24 @ 9:07 am

  6. Generally not excited about public funding of entertainment venues, but I found this funding idea interesting and hope it gets a close review.

    Comment by Back to the Future Tuesday, Mar 5, 24 @ 9:30 am

  7. So now that Mayor Henyard has issued her “veto” I guess the feds hands are tied? Too bad, I really thought those Trustees were on to something. But you can’t argue with the power of the pen.

    Comment by Pundent Tuesday, Mar 5, 24 @ 9:50 am

  8. It seems like the ideas tp develop the Rezko land get more fanciful by the day. Rather than GovJunk’s plans for a 2nd U of I Chicago campus now they need to finance 2 losing franchise stadiums + the U of I. Maybe they should add a TESLA factory or SpaceX lunch pad too.

    Comment by Annon'in Tuesday, Mar 5, 24 @ 11:13 am

  9. Remarkable restraint from the Bears/White Sox joint proposal not to also ask for EDGE style refunds of all state payroll taxes generated by team employees from front office to players who will work at the stadium(s) as well.

    Or maybe they just got dizzy swinging for the fences with that trifecta of funding sources proposal and forgot to ask for that too.

    Comment by ChicagoBars Tuesday, Mar 5, 24 @ 1:52 pm

  10. - “That revenue would “primarily serve as backup … to make sure bond holders are still taken care of when there are outlier events like COVID or 9/11” that cause hotel tax revenues to plummet, Bailey said.”

    Every single dollar of the current hotel tax revenue isn’t already spent for the next 40 years already.

    Fool me once….

    Comment by Chicago 20 Tuesday, Mar 5, 24 @ 3:12 pm

  11. - “That revenue would “primarily serve as backup … to make sure bond holders are still taken care of when there are outlier events like COVID or 9/11” that cause hotel tax revenues to plummet, Bailey said.”

    Every single dollar of the current hotel tax revenue is already spent for the next 40 years already.

    Fool me once….

    Comment by Chicago 20 Tuesday, Mar 5, 24 @ 3:20 pm

Add a comment

Sorry, comments are closed at this time.

Previous Post: SUBSCRIBERS ONLY - Supplement to today’s edition
Next Post: Open thread


Last 10 posts:

more Posts (Archives)

WordPress Mobile Edition available at alexking.org.

powered by WordPress.