Nothing to see here, the Emanuel administration declares at a hastily arranged City Hall hearing prompted by a BGA/Crain’s investigative report of a shell game that shifted blight-fighting tax funds to Navy Pier.
Alderman Calls For Hearings In Wake Of BGA/Crain’s Navy Pier Investigation
Third Ward Alderman Pat Dowell has called for public hearings into the diversion of $55 million in city blight fighting-funds to a Navy Pier renovation project.
Posted inGovernment Finance & Accountability
How City Power Players Diverted $55 Million In Blight-Fighting TIF Cash To Navy Pier
A $55 million financial shell game linked to the administration of Mayor Rahm Emanuel vividly plays into a frequent complaint that the city often raids a tax piggy bank earmarked for disadvantaged neighborhoods to instead bankroll mayoral vanity projects.