$100 Million Loan
- A $100 million federal loan to build an urban playground along the Chicago River downtown is a "done deal," outgoing U.S. Transportation Secretary Ray LaHood said Thursday.
Appearing along the river with LaHood, Mayor Rahm Emanuel said he expects groundbreaking for the extension of the Riverwalk to take place in 2014. The six-block project would run along the south bank from State Street to West Lake Street.
The national economy is tanking, our pensions system is broken beyond almost all chance of repair, Illinois credit rating is in the tank and Rahm is pleading broke with every union in the city.
But he can secure $100 million for this?
Labels: money questions