Seriously? $3/3 Billion?
Where did Conehead think he was going to get the money for this?
Alderpeople learned Thursday that Mayor Brandon Johnson’s administration secretly offered about $3.3 billion last fall to reclaim control of the city’s parking meters — a whopping $800 million more than the next-highest bidder.
But the City Council members didn’t get those key details from the mayor, his aides or any other city officials. Instead, one of the investors set to buy the rights to the meters blurted out those figures after a city lawyer refused.
During a hearing of the council’s finance committee, Ald. Matt O’Shea (19th) asked the city attorney, Jim McDonald, how much the Johnson administration bid to buy back city control of the meter system. McDonald paused a moment and then said flatly that the bid information was subject to a confidentiality agreement the city had signed. So he wouldn’t answer.
That’s when James Wyper jumped in and said he would.
Conehead's people just pulled that number out of thin air, then agreed to some sort of "confidentiality agreement" that appears to have no legal basis or justification and also ended up being $800 million MORE than the eventual winning bid.
What with Conehead stealing a previously allocated $100 million the other day via a shady "executive order," one has to wonder how much more is being stolen and why there doesn't seem to be any meaningful oversight by the aldercreatures.
Labels: city politics, corruption









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