Join the fight in the 46th Ward to stop JDL Development from getting $14 million in public dollars for a luxury high rise across the street from Lincoln Park. This development includes a PRIVATE park for the project’s residents. Now this is REALLY turning public policy on its head!
Historian and reporter for The Nation Rick Perlstein is doing a series of articles on the perils of privatization. In this 13 minute interview on WBEZ he lays out the reasons to be very skeptical about the sorts of deals Chicago is “forcing down the throats” of the taxpayers. He gives a shout out to the work of Tom Tresser... Read more
From AlterNet, “Corporate Extortion: States Are Giving Billions to Corporations That Don’t Create Jobs.” We learn that… “Economic development officials value business tax incentives as tools needed to compete with other states,” a November report commissioned by New York State’s Tax Reform and Fairness Commission began, stating their presumptive selling point. “There is, however, no conclusive evidence from research studies conducted... Read more
Watch this and then come to the public forum at DePaul on October 3 at 6:30pm!
Here’s a report from a DePaul graduate: Last night I received a call from DePaul, as an alumnus, asking for help in raising $300M for the school’s comprehensive fundraising campaign – $100M of which would go towards the ‘Many Dreams, One Mission’ supporting new college scholarships. I’m all for supporting the idea of assisting with college costs – especially for those... Read more
This post was contributed by a person who has attended several of our TIF town meetings. I work for a Chicago company that was the recipient of a $5 million dollar TIF grant. We got a building makeover, including a new roof, an upgrade to the electrical service, remodeled bathrooms, and advanced window coatings. Everything was done according to LEED guidelines,... Read more
The Mayor has announced plans for hundreds of millions of dollars on tourism-related construction, including 10,000 seat basketball arena for DePaul University near McCormick Place. According to the Chicago Sun-Times, the project will require $103 million in public finance and TIF-related dollars. Read DePaul’s description of the project. When you read the hype, you hear phrases like “world-class destination” and “tourism... Read more
Is your alderman on the list of sponsors of the Privatization Transparency Ordinance”? If so, call them and tell them to get it out of Alderman Mell’s committee and have voted on by the full City Council. The sponsor is 6th Ward Alderman, Roderick Sawyer. He said, upon introducing this bill in November of 2012, “I do not believe that there... Read more
So we are seeing a lot about the Bus Rapid Transit project being pushed aggressively by the city and an impressive list of policy, planning and transit organizations. But wait, who is going to PAY for this new public service, using our streets, the full power and authority of the CTA and the federal government? Check out this answer from their... Read more
According to the Chicago Sun-Times, Alderman Dick Mell is blocking a vote on a bill that would make privatization deals in the city more transparent and S L O W them down. “Introduced last November by Alderman Roderick Sawyer (6th), the Privatization Transparency and Accountability Ordinance has been bottled up in Ald. Dick Mell’s (33rd) Rules Committee, even though a... Read more