Tag: Bob Fioretti

  • Da Mare’s Private Road to McCormick Place

    A $43 million busway built to whisk conventioneers between downtown hotels and McCormick Place has turned into “the mayor’s road” and should be opened to taxicabs in exchange for a surcharge, Ald. Robert Fioretti, 2nd said Monday. Fioretti suggested turning the 2.5-mile busway into a money-maker after Chicago Sun-Times columnist Neil Steinberg lifted the veil…

  • Illinois Credit — Worst in the Nation

    Illinois fell to the bottom of all 50 states in the rankings of a major credit ratings agency Friday following the failure of Gov. Pat Quinn and lawmakers to fix the state’s hemorrhaging pension system during this month’s lame-duck session. Standard & Poor’s Ratings Service downgraded Illinois in what is the latest fallout over the…

  • Fioretti: 35 Member Council & Term Limits

    Alderman Robert Fioretti (2nd Ward) believes Chicago would do fine with just 35 aldermen instead of 50 — especially now that workers are handling garbage pickup and street cleaning on a system of ten “grids” instead of 50 wards.  … Besides a smaller City Council, Fioretti is calling for term limits. “Just look at the…

  • Fioretti: Not So Fast Rahm

    Mayor Rahm Emanuel’s plan to have five financing giants bankroll $1.7 billion in Chicago infrastructure projects ran into opposition Monday from aldermen concerned about “hidden fees” and long-term leasing of city assets. During closed-door briefings with aldermen, sources said Chief Financial Officer Lois Scott stuck to the script and talked only about the $225 million…