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Old Posted May 2, 2008, 10:22 AM
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nomarandlee nomarandlee is offline
My Mind Has Left My Body
Join Date: Jan 2006
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Cubs know Thompson's Wrigley secret
Ex-gov sees no taxpayer risk in equity seat licenses, won't say if that's plan

May 2, 2008Recommend (2)

BY FRAN SPIELMAN City Hall Reporter

Illinois taxpayers would not be left “holding the bag” if fans default on equity seat licenses sold to finance the $400 million renovation of Wrigley Field, former Gov. Jim Thompson said Thursday.

Thompson sent a letter to the Cubs outlining the parameters of his secret plan to acquire and renovate Wrigley with “no taxes of any kind.” He refused to say whether it includes equity seating, the stadium financing scheme pioneered by former Democratic fund-raiser Lou Weisbach.............
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