By a 49-0 vote, the Chicago City Council approved a $2.5 billion, 99-year lease of Midway Airport to a private operator. … The Daley administration has not yet announced how it would spend the $1 billion the lease would yield after airport debt is repaid. (Full...
Just a bit of history: Posted at 10:55 a.m. Ald. Robert Fioretti (2nd) said the lease will help the city during a tough budget time. (Daley plans to spend much of the one-time windfall to shore up the city budget during the next few years.) “I think it is a good...
