You can also watch at the Chicago Tonight page.
UPDATE 12 NOON City Council to take another vote on Olympic contract - Sun-Times
The Daley administration agreed Thursday to seek City Council authorization before signing an Olympic host-city contract that amounts to an open-ended guarantee from local taxpayers.
After the host committee lined up an additional layer of private insurance, mayoral press secretary Jacquelyn Heard insisted that Chicago taxpayers would be no more at risk than they were when the City Council agreed to a $500 million Olympic guarantee in March, 2007.
But, she acknowledged that political reality dictates that aldermen take another vote.
"If there are questions or concerns raised by the City Council, of course the mayor would be comfortable with them taking another look," Heard said.
"But, he's not agreeing to that because he believes we've extended a liability for taxpayers. He's doing it because this is a big decision. And it stands to reason that, if there's even the perception there's been a change, the Council would want to take another look."
No comments:
Post a Comment
PLEASE READ FIRST!!!! Comment Moderating and Anonymous Comment Policy
While anonymous comments are not prohibited we do encourage you to help readers identify you so that other commenters may respond to you. Either read the moderating policy for how or leave an identifier (which could be a nickname for example) at the end of the comment.
Also note that this blog is NOT associated with any public or political officials including Alderman Roderick T. Sawyer!