Revenue Up For Sun Life Stadium In FY '14 CSU Panels Supports On-Campus Stadium Virginia Beach Reaches Deal To Build $200M Arena Facility Notes Avaya-Earthquakes Deal Worth $20M Renovated Citrus Bowl Open For Business Mavericks Installing High-Tech Camera System Facility Notes Mets Will Move In Citi Field Fences Bucks, UWM Meet About Future Of Panther Arena
DALEY SOFTENS POSITION ON MCDOME; EDGAR TO FIND FINANCING
Published January 4, 1996
Under pressure from the Bears and union leaders, Chicago Mayor Richard Daley "softened" his opposition to the so-called McDome yesterday and said he "won't stand in the way" if IL Gov. Jim Edgar can finance the project through the six-county metropolitan Chicago area, according to the CHICAGO SUN-TIMES. Edward Bedore, Daley's stadium point man: "To use a sports term, the mayor has passed the football to Edgar and Edgar has to come up with a plan and see if he can run with it." Bears VP/Ops Ted Philips said Daley's shift shows the Mayor has finally admitted the Soldier Field renovation has been rejected. Daley denied that was the case, in the event that neither McDome nor the Gary stadium is built. Mike Lawrence, Edgar's press secretary, said the governor will develop a McDome financing plan that will likely include taxes on restaurant meals, hotels, rental cars, limousines, and airport taxis. Daley has opposed all of these taxes in the past. In stating his position, Daley told Edgar the Bears must also agree to repay taxpayers if the team chooses to leave before its lease is up. Meanwhile, Bears officials met with Gary officials yesterday and came out of meetings stating the Planet Park development is still on track for a mid-February tax vote (Speilman & Gillis, CHICAGO SUN-TIMES, 1/4).