Governor signs legislation allowing city of Chicago to lease Midway
Airport
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[MAY 11, 2006]
SPRINGFIELD -- Gov. Rod R. Blagojevich signed
Senate Bill 2872, allowing the city of Chicago to lease Midway
Airport to a private entity that will continue its operation. The
legislation, signed May 9, was sponsored by state Sen. Don Harmon,
D-Oak Park, and state Rep. Barbara Flynn Currie, D-Chicago, and is
effective immediately.
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The new law lists a number of requirements for the entity that
leases Midway. For instance, the entity must pay all employees the
same wage and benefits that they were receiving before the lease and
must comply with all contracting and affirmative action requirements
related to minority- and women-owned business. Additionally, at
least 90 percent of the proceeds from the lease must be used for
infrastructure construction and maintenance and municipal employee
pension fund contributions. [News release from the governor's
office]
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