As the Chicago Bears prepare to present stadium plans, opposition
growing over taxpayer funding
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[September 08, 2022]
By Kevin Bessler | The Center Square
(The Center Square) – The Chicago Bears
plan to meet with Arlington Heights officials Thursday to discuss their
ideas regarding a new stadium complex, but many want to know how much
taxpayers will be on the hook for.
The team purchased rights to buy the land at Arlington Park in September
2021.
Artist renderings show a sweeping entertainment and residential district
along with a domed stadium. Team officials said it would be one of the
largest development projects in state history, creating 48,000 jobs and
having a $9.4 billion economic impact to the region, though experts who
have evaluated other NFL stadium projects are skeptical of teams' and
local economic development officials' projections.
The team indicated in an open letter that it is not asking for public
money for the stadium itself, but may seek assistance for the
surrounding district.
“While the Bears will seek no public funding for direct stadium
structure construction, given the broad, long-term public benefits of
this project, we look forward to partnering with the various
governmental bodies to secure additional funding and assistance needed
to support the feasibility of the remainder of the development,” the
letter said.
This week at the Arlington Heights village board meeting, Americans for
Prosperity deputy state director Brian Costin introduced an ordinance
that would ban public financing for the project.
“Over and over again we’ve seen stadium deals and corporate welfare
projects turn sour for taxpayers across Illinois,” Costin told the
village board.
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A rendering of renovations for Chicago's
Soldier Field. - ChicagoMayorsOffice Facebook
Costin has used Bridgeview’s SeatGeek Stadium, which opened in 2006, as
an example. The Village of Bridgeview issued $135 million in general
obligation bonds for the construction of the facility. Bridgeview’s bond
rating fell to junk status in 2017 and property taxes have since
increased.
By submitting petitions exceeding 1% of the registered voters in
Arlington Heights, the village board will be required to consider and
vote on the anti-corporate welfare ordinance at the next village board
meeting on Sept. 19.
If passed by the village board, the anti-corporate welfare ordinance
would “block stadium subsidies for the Chicago Bears, ban corporate
welfare incentives and ensure all businesses in Arlington Heights are
treated equally before the law.”
Since the Bears’ announcement of purchasing the rights to the land, the
city of Chicago has introduced plans to renovate Soldier Field, the
teams’ home since 1971. Mayor Lori Lightfoot has remained adamant the
Bears should not leave town.
“Those discussions are ongoing,” Lightfoot said. “They have some legal
constraints at this moment about what they can do, but we’re going to
keep making a case for them. It makes no sense to go anyplace else but
stay in the city of Chicago."
The team's open letter said they are focused on Arlington Heights.
"While under contract with the seller of Arlington Park, we will not be
discussing or exploring any other alternative stadium sites or
opportunities, including renovations of Soldier Field," the letter said.
Kevin Bessler reports on statewide issues in Illinois for
the Center Square. He has over 30 years of experience in radio news
reporting throughout the Midwest. |