The Chicago City Council on Wednesday unanimously voted for a measure that saddles taxpayers with the bill if the 2016 Olympic Games lose money.
The law authorizes Mayor Richard Daley to sign off on a contract that puts full financial liability for the Games on the city should Chicago next month be named the host...
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Posts Tagged ‘ International Olympic Committee ’
Aldermen Make Financial Pledge, Taxpayers Could Pay for Olympics
Olympics Road Show Makes Stop In Rogers Park

By James Ginderske of The Urban Coaster
The Chicago 2016 committee gave a presentation at the 49th ward selected location of the Rogers Park library on August 5 revealing little in the way of new information while conveying a local version of their city-wide effort to market the bid to Chicago neighborhoods.
In a 45-minute presentation...
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Chicago 2016 meets with Grant Park residents, hears concerns
April 2, 2009 – Representatives from Chicago 2016 met with Grant Park residents to explain the impact of the games on their neighborhood and address the community’s concerns Tuesday night.
The Grant Park Advisory Council (GPAC) and the Grant Park Conservancy hosted the meeting for members of Chicago 2016 to explain their proposal to residents,...
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Communities Seek Olympics Benefits

August 18, 2008 – Hundreds of South Side residents rallied at Michael Reese Hospital with community organizations Thursday calling for inclusion in Olympics planning and a legally-binding community benefits agreement to be included in Chicago’s final application for the 2016 Olympics.
With a dozen community and labor organizations signed on, Communities for an Equitable Olympics...
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