Northwest suburban leaders from ArlingtonHtsGov and CityofRM1 decry new ChicagoBears bill, but Rep. Marty Moylan says it's not 'my first rodeo'
Reaction to new legislation filed to support the Bears' move to Arlington Heights -- while helping pay for the old Soldier Field renovation debt -- was negative across the Northwest suburbs Friday.
But the new proposed legislation would add a $3-per-ticket head tax on every admission to a new Bears stadium. The extra money would be used to pay down Chicago's debt from the 2002 renovation of Soldier Field, which is now estimated to cost more than $600 million in principal and interest. by signing up you agree to our terms of service And the legislation would dole out percentages of state revenue from taxes on sales, hotel, liquor and sports wagering from the Bears' development to help pay for the towns' added infrastructure costs. Arlington Heights would get 35% from the special fund; Cook County, Rolling Meadows and Palatine would get 10% each; Buffalo Grove, Elk Grove Village, Mount Prospect, Prospect Heights and Wheeling would get 7% each.
But some of those named in the bill say they weren't consulted and were surprised when the proposal surfaced. But the mayor did say he hopes Moylan's bill leads to further discussions in Springfield that would help the Bears' suburban relocation become a reality.
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