Thursday, August 06, 2009

Daley defends TIF for United move

Crain's Chicago Business reports:
Mayor Richard M. Daley says the city’s proposed $24-million subsidy to help bring 2,800 United Airlines employees downtown is warranted because of the recession and the importance of the airline and air traffic to the city’s future.
But, Wal-Mart can't expand in Chicago! $24 Million to bring 2800 jobs, not bad for a city running a $500 million dollar hole.