Thu, Jul 10, 2003
Deal, Worked Out by Daley's Operatives and Airlines, Now On the
The previously-leaked plan is now
officially up for consideration: Mayor "Demolition Dick" Daley and
his gang of Meigs-dozers in Chicago may have, with the help of the
airlines, actually put together a viable plan for one of Chicago's
The O'Hare plan, unveiled at a City Council meeting yesterday,
does indeed commit nearly $3 billion to get started on the big
airport's $6.6 billion overall plan.
The initial money would be used, according to Crain's
Chicago Business, "for engineering, design, land acquisition
and construction of one new runway, relocation of another and
extensive work on a third."
Daley said to believers, "The airlines and the city recognize
that the O’Hare Modernization Program is necessary for the
long-term survival of the airlines and the economic vitality of the
Chicago area, and it answers critics who have said the program was
too expensive and could not be funded."
Speaking of funding, AMR and UAL, troubled giants, have stepped
forward and said they'd gladly collect nearly a bunch of the money,
from their passengers. Chicago has friends in DC who have pledged
to send about 1/8 of what's needed, after they collect it from the
rest of us. The City will put its bond rating on the line, to float
the last 2/3 or so.
Construction could start in 18 months or so.
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