Here's almost a third of Shortshanks' budget hole. And it's actually a hole in the ground:
- Some critics call the $250 million dollar city project "outrageous" and a bad investment. It's the giant unfinished CTA "superstation" in the Block 37 development across from Daley Plaza.
You've helped pay for it, but you've never seen it.
The plan was to build an underground CTA terminal that would provide express train service to O'Hare Airport from the Loop. It turned out to be much more expensive than planned, and for now it's been mothballed. - When the project was abandoned last year for an indefinite period, an estimated $250 million had been spent on it. Of that, an estimated $100 million came from cost overruns. Another $50 million was for mothball costs.
We're sure this isn't the only hole-in-the-ground Daley's been pouring money into. Money in the form of concrete, rebar, and whatever else involved in awarding construction contracts. We're sure that each and every bill was paid to the company from taxpayer funds. We're also sure that some very generous "campaign contributions" were part of the arrangements.
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