Thursday, March 27, 2008

O'Hare Expansion

I’d like more details on this or this. I tried finding the "quick-takings" law and couldn’t locate it on the General Assembly Homepage. I’m probably not searching correctly. But I’m confused as to why there would be such an uproar about a 24x16 ft parcel. It seems as though it should be an issue between the developer and Chicago. And in as much as Elk Grove will be out that fraction of tax revenue, the city should compensate by paying a present value formulation of future taxes for 50 years? 100? Whatever.

This wouldn't be an issue if there could have been some sort of fix for the Peotone proposal (high speed rail or something) or maybe a Rockford airport (with high speed rail).

No scoreboard update on this one. Judgment is being withheld. For now.