Leila Rahimi
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Appearances Over Time
Podcast Appearances
They decided they wanted breaks when it came to how they built Wrigley Field and the infrastructure around it.
They ended up using their own money and then they built.
The difference here is according to the studies that were done,
The Bears do want to pay tax, but they wanted a $39 million break on their tax.
The reported numbers, WTTW has this, was that the estimate would be $53 million, more than that, 53.2, based on Arlington Heights' current tax rate according to the analysis.
and that the break would be $39 million a year, which would be roughly $14 million of property tax a year.
Now, Jim Tenaglia is correct.
The Bears wanted to negotiate it.
37 other states have that ability to where they're able to do that.
That should be something that happens here in the state of Illinois.
That's outside of the infrastructure that was asked for, roughly, depending on who you ask, about $800 million to a billion dollars.
So that said...
Yeah, they want something.
I understand that Jim Tenaglia wants something.
But $39 million adds up to $1.5 billion over a 40-year span.
$1.5 billion.
So yes, they should be allowed to negotiate because everybody else is doing it.
But it depends on what you think heroic is.
The municipalities and who pays who loses who benefits.
And to everybody who says, okay, well then sell Arlington Heights.