Being a member of the global community is important for Chicago. That includes looking the part of a world-class city. Tough economic times could not even keep Mayor Daley from presenting the city’s 1.8 billion spending plan for 2010 with a projected five-year, $8.5 billion dream sheet.
This past Tuesday, Daley held a news conference at the Lawrence Avenue viaduct to share his spending plan. The site over the Kennedy Expressway was an appropriate location to talk about spending since the viaduct is currently under construction by the city.
Several construction and improvements have been included by the mayor. Street resurfacing is on the list, lucky for city drivers, who constantly complain about potholes and the condition of streets due to high traffic volume.
The plan also includes improvements of the airports, water and sewage systems, in addition to curb, gutter, and sidewalk repairs. Brand new construction of libraries, police and fire stations are also proposed.
“Capital improvements are absolutely essential to keep a city moving forward if we want to be a global city,” Daley pointed out.
Funding for these projects will come from several sources. City borrowing and tax-increment-financing funds combined with federal and state monies will assist in repairing, improving, and keeping the city up to standards.
Daley insists that the slow economic conditions cannot have an impact on making capital improvements. The mayor wants to keep Chicago moving forward and progressing. He is a strong advocate of pressing ahead, even in tough times.
Daley emphasizes the importance of continuing to invest as much as we can in long-range capital investments in order to create new construction jobs, plus more long term jobs in the city and within communities. Daley recognizes that we are doing more with less available.
Midway Airport will continue to receive millions of dollars in improvements, in spite of Daley’s attempts to privatize the local, South side airport.
Residents can look forward to benefit from neighborhood renewal, which is also in the spending plan.
With the unveiling of this plan to upgrade Chicago, one might not help but think Daley may definitely be preparing for another mayoral run. The incumbent has yet to toss his hat in the ring as a potential candidate.
Money may be tight, but residents and tourists will hopefully always be able to enjoy the great city of Chicago, and all it has to offer, in style and beauty.