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Results tagged “privitization”
Will Daley Privatize McPier?

Will Daley Privatize McPier?

In his on-going efforts to stop the bleeding at McCormick Place, Mayor Daley is floating the idea of privatization as a solution to overhauling the city's convention business. The convention center, part of the publicly-run Metropolitan Pier and Exposition Authority, which includes Navy Pier and is known as McPier, has been under pressure lately as it has lost conventions and trade shows to other parts of the country, thanks to the high costs of doing business in Chicago. "Bring the private sector in and you manage it and get out of the business of McCormick Place in the sense that it should be fully privatized," Daley told the Greater North Michigan Avenue Association's annual meeting. "Then you can run the costs down." Jodi Kawada, a spokeswoman for the mayor, quickly pointed out that the mayor was not talking about selling McCormick Place off as a city asset. "This is just an idea at this point," she told the Tribune. "The mayor is trying to think creatively about jump starting the convention and tourism industry in Chicago, which will require bold steps." more ›

Parking Meter Hikes Finally Here

Parking Meter Hikes Finally Here

This weekend will see the first parking meter increase since Mayor Daley sold the meters to a private company to help the city raise money in the face of a budget shortfall. When and where will the increases start? It all begins Friday in the Loop. more ›

Top 8 Of '08: No. 4 - Budget Crunch

Top 8 Of '08: No. 4 - Budget Crunch

Through Wednesday, we're counting down the top 8 local stories that captivated us in 2008. more ›

Ald. Allen To Daley: Plow Me

Ald. Allen To Daley: Plow Me

Ald. Tom Allen (38) is on our good side (for now) after voicing what we (and you) have been complaining about for a while: that Mayor Daley's new plowing policy is a clusterfuck. Echoing comments that have been bouncing around these parts for a week, Allen said:

The new snow program is 'do nothing.' Irving Park Road was ice-packed. Traffic was crawling after a two- or three-inch snowfall. Cars near schools just slide through intersections, putting every kid who tries to cross the street in peril...I'm getting pounded by my constituents. We don't live in Honolulu. We live in Chicago. We've lost our compass. We have to provide the most fundamental city service. Are we gonna ride from December through March with people's lives in peril trying to cross the street?
A-freaking-men. Even better? Allen's solution: he's asked MayDay to set aside $1 million from the city's deals to privatize Midway and the city's parking meters to pay for the whole thing. We couldn't think of a better plan. After all, it's not like that city debt is really ever going to get paid off, so we might as well use some of that money to, you know, keep the city functional. We're just sayin'... more ›

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