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76%  
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Keyword: daleysdream

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  • City saddles taxpayers with potential Olympics cost overruns (Chicago Way, Hell to Pay)

    09/10/2009 12:41:14 AM PDT · by STARWISE · 7 replies · 674+ views
    Giving themselves a standing ovation, aldermen eagerly jumped onto Mayor Richard Daley's Olympics bandwagon today, unanimously approving a measure that *** places the responsibility for cost overruns on taxpayers if Chicago hosts the 2016 Summer Games.*** The endorsement allows Daley to go to Copenhagen in three weeks and tell the International Olympic Committee that the council sent "a very strong message" of support for Chicago's bid, despite tepid public support for playing host and strong opposition to providing an unlimited financial guarantee. The 49-0 vote also put an end to a rare moment of vocal council dissent this summer when...