Home Page : Archive News : December 2022 News : Bears propose PILOT financing to help them land at Arlington, but idea is already experiencing turbulence | |
Bears propose PILOT financing to help them land at Arlington, but idea is already experiencing turbulence | |
December 15, 2022 Could a so-called PILOT be the financing tool that helps the Chicago Bears take off from Chicago and land in Arlington Heights? Village and state officials confirmed Wednesday the NFL franchise is exploring use of a proposed Payments in Lieu of Taxes program as one piece of the financial equation to help pay for its $5 billion redevelopment at Arlington Park. Source: https://www.dailyherald.com/news/20221214/bears-propose-pilot-financing-to-help-them-land-at-arlington-but-idea-is-already-experiencing-turbulence-- |