City Council Committee Signs Off On Midway Leasing

Despite a bevy of concerns, mainly concerning money, the City Council's Finance Committee signed off on Mayor Daley's proposed leasing of Midway Airport. The main questions centered around how the decision to absorb the cost of police and fire protection at the airport (listed at $10 million a year) and what exactly would be done with the profits. One alderman, Leslie Hairston (5th), was upset about the lack of minority investors:

Chicago is not an all-white city. In a city as racially and culturally diverse as Chicago, before we go selling off the city's assets, we want to know that the purchasers are sensitive to that diversity. And we are not seeing that.