Emanuel announces Chicago Midway privatization advisory panel (Crain’s Chicago Business)

January 11, 2013 – Mayor Rahm Emanuel announced today the formation of a seven-member expert advisory panel charged with overseeing the privatization of Midway International Airport. The committee will help explore a potential public-private partnership at Midway International Airport, according to a City Hall statement. Learning from former Mayor Richard M. Daley’s 2008 bungled parking meter deal, which leased the city’s parking meters for 75 years and approximately $1.2 billion, Mr. Emanuel wants a shorter lease and more restrictions for the Midway deal, stipulations that may not appeal to investors.

Link to Full Article: http://www.chicagobusiness.com/article/20130111/NEWS10/130119948/emanuel-announces-midway-privatization-advisory-panel

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