southsider2k5

I doubt it. It might affect who would negotiate with him, but the quality of the project and his reputation for paying is way more important.

I mean look, is it fair to not like these kinds of deals. It isn't a great system, but it IS the system. We have entire sections of the tax code dedicated to these exact kinds of deals. Literally every major municipality in the country uses these incentives to attract and MAINTAIN business activities in their city. If one random Midwestern City, say one with a population of near 3 million people decided that they would no longer offer these kinds of deals, Literally anywhere else of substance would be lining up to offer these exact deals to them, and this hypothetical random city would quickly bleed out its major businesses.

I think your view how major projects get done in this country is very lacking. There is literally nothing new or groundbreaking here. Save the outrage for someone else

My impression would be that a reasonably negotiated plan which fails to come to fruition shouldn't affect future financing of his projects. Failure to pay? Sure. But negotiations fail a lot, as do projects which can't get off of the ground after an agreement is reach, but before ground breaking.

Nah, there's another word for them.

So your viable proposal is not to subsidize an actually successful business which pushes untold millions of local, county, and state income taxes through 81 games worth of 52 baseball player salaries per year, Sox employees from JR all of the way down to parking lot attendants and vendors, sales taxes on tickets, merch, beer, and food, etc. Nope, not them. But you are going to send untold billions to people who apparently failed in their current business model so that Chicago can flood the real estate market with millions of square feet of high end real estate in a market place that is seeing its exact demographic fleeing the marketplace for decades now benefiting who, exactly? It's either that or seizing the property of said business owners at a cost of billions through imminent domains and related lawsuits so that you can then spend untold billions on remodels so that Chicago can flood the real estate market with millions of square feet of high end real estate in a market place that is seeing its exact demographic fleeing the marketplace for decades now benefiting who, exactly? Yeah, I don't think so.

So the City needs to spend untold billions on residential spaces in a city bleeding population, and simultaneously cut taxes. Makes perfect sense.

Yep. I don't know why we are pretending that this isn't how major projects are done in the US today. And if Chicago didn't do it, someone else would.

Then it sits empty for another 50 years and benefits no one at all.

That's because the Daleys were in charge for most of that time, but they were anything but incompetent.

I have heard the cops covering for cops story for sure, but it is worth mentioning that it only takes one pissed of person to end the careers of every one involved which makes it really, really hard to maintain.

https://www.sfgate.com/giants/article/fanatics-finally-pissed-off-wrong-people-18667772.php

If I know MLB at all, the next guy will be worse.

Did the Os fans migrate south for the summer, because the chirping sure got quiet.

It feels more like buying time to not rush kids who aren't ready. Then once the kids are ready, the guys in front are easy cuts if they are getting played too much.

https://abc7chicago.com/amp/white-sox-shooting-update-chicago-police-investigation/14425178/

How bad do you have to suck to get benched for Moustakas

Hahahahahahahsha

This is going to be done in stages over probably a decade or two, as well as various agencies and sources. Some will be more private, such as the buildings themselves, some will be more public, such as any remediations, and probably the stadium. Things like condos will be almost all private funds. Again, just like you quoted the "change in law" part for funding, that would be the same for any funding being used for anything other than projects like this. You can't just take funds from one taxing entity and use it for whatever you want. There are laws that govern what the entity was set up for and what it could be used for. ISFA money would literally never be used for law enforcement by law, same as TIF funding. I know this attracts special attention for what it is, but this is done on a regular basis all over the US. It isn't some big mystery. The frameworks for these types of projects are pretty straight forward and don't really alter that much.

If I had to guess, yes absolutely there will be TIF money involved and other developmental money, including the ISFA funds. It is a win/win because the city of Chicago gets to say no "new" taxes went to this, as these funds are already being accrued, and JR gets what he wants. Judging by the PR campaign and the way that this is being portrayed by both sides, I believe this is almost a done deal. Granted I could be totally wrong, but notice no one denied any of this or gave any real level of tough talk past a few lame talking points. I am sure they will squeeze a concession or two out of JR so the City gets their victory publicly, but honestly no matter where a stadium gets done in Chicago, the basic framework of what happens and how it gets paid for will be the same.

Just to say it out loud, staffing funds and things like TIF money are completely different funds and are almost certainly not fungible funds. If this money exists in funds for development, it just means some other millionaire/billionaire will get them if Jerry doesn't.

There are a ton of spaces in the financial district that sit empty all night long.

I have no problem with the idea of trading away Burger for all of those reasons previously mentioned. Plus he is a really big and physically limited guy who has had a series of almost career ending injuries. While projecting him to hit is a viable idea, him being a 150 game a season guy to maximize that bat isn't. He's a Chicago softball player waiting to happen. The return and the controversy behind how the trade actually happen seem way more germane to the firings than the actual trading of Jake Burger.

They have some easy funds to free up too with Fields, Whitehair and Eddie Jackson as seeing the door pretty soon.

This is a pretty bold statement without some back up.