Mayor-elect Lori Lightfoot released the following statement in advance of the Monday Finance Committee meeting.
“I’m calling on Finance Committee Chairman Patrick O’Connor to make tomorrow’s Finance Committee meeting a subject matter hearing to address major concerns about Lincoln Yards and The 78 on the record and in public view.
“From day one, I have raised concerns about these deals and the deeply flawed process that has led us to this moment. That’s why I’m calling for the committee meeting tomorrow to be a transparent and fulsome subject matter hearing to address questions including consequences for other TIF districts, affordable housing options, plans for minority- and women-owned businesses, and impacts on diversity, population density, schools, traffic, and other factors. For major development projects to drive equitable economic growth, they must be coupled with community input and a transparent, informed decision-making process.”