Tollway Lesee May be Foreclosed
By Kevin Robinson in News on Jul 28, 2009 2:20PM
Photo by Maggie T
Although iStar may wind up taking possession of the oases in the foreclosure case, the tollway still owns them. And according to Joelle McGinnis, communications chief for the Illinois State Toll Highway Authority, it's been a pretty good deal for the tollway. "Tollway drivers have noticed no difference -- bathrooms are clean, facilities still offer a variety of services, and the pavilions continue to be safe, convenient places for customers to stop and take a break," she said. "Legally the tollway is in a good position because we are not responsible for Wilton's debt." While the tollway hopes to recover the $1.3 million debt, McGinnis described the deal as "pretty good" for the state, since the oases were in very bad shape prior to Wilton's management. [CBS 2, Tribune]