1 00:00:00,701 --> 00:00:01,101 EDDIE. 2 00:00:01,101 --> 00:00:01,935 >>YOU'RE HIRED. 3 00:00:01,935 --> 00:00:03,036 >>THANK 4 00:00:03,036 --> 00:00:04,171 YOU. 5 00:00:04,171 --> 00:00:04,605 [LAUGHTER] 6 00:00:04,605 --> 00:00:05,506 >>NOW TO A LOOK AT WHAT COULD 7 00:00:05,506 --> 00:00:06,406 BE THE 8 00:00:06,406 --> 00:00:08,008 CITY'S NEWEST 9 00:00:08,008 --> 00:00:09,409 SPORTS 10 00:00:09,409 --> 00:00:10,244 VENUE. 11 00:00:10,244 --> 00:00:11,245 >>THE CITY 12 00:00:11,245 --> 00:00:12,212 AND STATE 13 00:00:12,212 --> 00:00:12,813 SPENDS 14 00:00:12,813 --> 00:00:13,947 PUBLIC TAX 15 00:00:13,947 --> 00:00:14,681 DOLLARS NEAR 16 00:00:14,681 --> 00:00:15,816 MCCORMICK 17 00:00:15,816 --> 00:00:16,216 PLACE. 18 00:00:16,216 --> 00:00:17,417 THE 19 00:00:17,417 --> 00:00:18,051 SUN 20 00:00:18,051 --> 00:00:19,786 TIME'S 21 00:00:19,786 --> 00:00:20,320 REPORTS THERE 22 00:00:20,320 --> 00:00:21,488 THERE IS A PLAN FOR A 23 00:00:21,488 --> 00:00:22,356 STAUD 24 00:00:22,356 --> 00:00:22,956 FOR 25 00:00:22,956 --> 00:00:24,024 DePAUL UNIVERSITIES BASKETBALL 26 00:00:24,024 --> 00:00:25,659 TEAM TO DOUBLE AS A CONVENTION 27 00:00:25,659 --> 00:00:27,628 VENUE ALONG WITH TWO NEW 28 00:00:27,628 --> 00:00:28,295 HOTELS, 29 00:00:28,295 --> 00:00:30,364 NORTH AND WEST OF McCORMICK 30 00:00:30,364 --> 00:00:30,697 PLACE. 31 00:00:30,697 --> 00:00:33,367 THE PROJECT WILL BE FUNDED 32 00:00:33,367 --> 00:00:33,667 WITH 33 00:00:33,667 --> 00:00:35,135 125 MILLION IN PUBLIC 34 00:00:35,135 --> 00:00:37,070 FUNDS. 35 00:00:37,070 --> 00:00:37,971 THAT'S 55 MILLION IN GIFT 36 00:00:37,971 --> 00:00:39,840 FUNDS 37 00:00:39,840 --> 00:00:41,708 AND 75 MILLION IN HOTEL 38 00:00:41,708 --> 00:00:42,042 TAXES. 39 00:00:42,042 --> 00:00:43,744 ACCORDING TO SOURCES, 40 00:00:43,744 --> 00:00:44,077 ANOTHER 41 00:00:44,077 --> 00:00:44,978 70 MILLION WOULD COME FROM 42 00:00:44,978 --> 00:00:45,579 DEPAUL. 43 00:00:45,579 --> 00:00:47,414 JOINING US TO DISCUSS THE MERIT 44 00:00:47,414 --> 00:00:48,148 U.S. 45 00:00:48,148 --> 00:00:49,016 OF PUBLICLY FUNDED 46 00:00:49,016 --> 00:00:50,150 CENTER 47 00:00:50,150 --> 00:00:52,019 IS ALLEN 48 00:00:52,019 --> 00:00:52,619 SAN 49 00:00:52,619 --> 00:00:55,556 DERSON. 50 00:00:55,556 --> 00:00:55,956 SANDERSON. 51 00:00:55,956 --> 00:00:57,391 WE INVITED REPRESENTATIVES FROM 52 00:00:57,391 --> 00:00:58,358 THE CITY, 53 00:00:58,358 --> 00:00:59,259 DePAUL AND 54 00:00:59,259 --> 00:01:01,428 THE 55 00:01:01,428 --> 00:01:02,196 METROPOLITAN EXPO SIGNIFICANCE 56 00:01:02,196 --> 00:01:03,764 AUTHORITY BUT THEY ALL 57 00:01:03,764 --> 00:01:04,164 DECLINED. 58 00:01:04,164 --> 00:01:05,032 WE'RE GLAD YOU DIDN'T. 59 00:01:05,032 --> 00:01:06,333 THANK YOU FOR COMING 60 00:01:06,333 --> 00:01:06,834 IN. 61 00:01:06,834 --> 00:01:08,969 TELL ME, SHOULD TAX 62 00:01:08,969 --> 00:01:09,536 DOLLARS, 63 00:01:09,536 --> 00:01:11,138 PUBLIC TAX 64 00:01:11,138 --> 00:01:11,305 DOLLARS 65 00:01:11,305 --> 00:01:13,440 BE SPENT TO 66 00:01:13,440 --> 00:01:15,809 BUILD A 67 00:01:15,809 --> 00:01:17,211 STADIUM FOR 68 00:01:17,211 --> 00:01:17,744 DePAUL? 69 00:01:17,744 --> 00:01:19,079 >>IT'S HARD TO IMAGINE A 70 00:01:19,079 --> 00:01:20,180 BASKETBALL ARENA 71 00:01:20,180 --> 00:01:21,281 BY ITSELF IS 72 00:01:21,281 --> 00:01:22,683 USED SO INFREQUENTLY, 73 00:01:22,683 --> 00:01:23,584 MAYBE 10 74 00:01:23,584 --> 00:01:24,451 OR OR 20 75 00:01:24,451 --> 00:01:25,853 TIMES A YEAR FOR 76 00:01:25,853 --> 00:01:26,320 GAMES. 77 00:01:26,320 --> 00:01:28,055 THE UNITED CENTER, ON THE OTHER 78 00:01:28,055 --> 00:01:28,889 HAND, HAS 79 00:01:28,889 --> 00:01:31,725 BOTH TWO MAIN 80 00:01:31,725 --> 00:01:32,192 TENANTS, 81 00:01:32,192 --> 00:01:33,460 BLACKHAWKS AND BULLS 82 00:01:33,460 --> 00:01:33,927 AND YOU 83 00:01:33,927 --> 00:01:35,295 THROW IN THE 84 00:01:35,295 --> 00:01:36,163 CONCERTS AND 85 00:01:36,163 --> 00:01:37,598 CIRCUSES AND YOU COULD GET 86 00:01:37,598 --> 00:01:37,898 INTO 87 00:01:37,898 --> 00:01:38,866 200 NIGHTS A 88 00:01:38,866 --> 00:01:40,334 YEAR AND THEN IT 89 00:01:40,334 --> 00:01:41,335 PAYS. 90 00:01:41,335 --> 00:01:42,469 BUT SOLDIER FIELD IS USED 91 00:01:42,469 --> 00:01:45,706 SO 92 00:01:45,706 --> 00:01:46,139 INFREQUENTLY. 93 00:01:46,139 --> 00:01:47,641 SO IN SOME WAYS, THERE'S 94 00:01:47,641 --> 00:01:48,175 AN OL 95 00:01:48,175 --> 00:01:49,376 JOKE ABOUT A GUY 96 00:01:49,376 --> 00:01:50,277 WHO GETS 97 00:01:50,277 --> 00:01:51,078 MUGGED 98 00:01:51,078 --> 00:01:52,613 AND RESISTS AND 99 00:01:52,613 --> 00:01:53,480 THEY 100 00:01:53,480 --> 00:01:53,947 EVENTUALLY 101 00:01:53,947 --> 00:01:55,082 WRESTLE HIM TO THE 102 00:01:55,082 --> 00:01:56,483 GROUND AND 103 00:01:56,483 --> 00:01:57,584 TAKE $3 OUT OF HIS POCKET AND 104 00:01:57,584 --> 00:01:58,886 WHY DID YOU PUT UP SUCH A 105 00:01:58,886 --> 00:01:59,419 FIGHT 106 00:01:59,419 --> 00:02:00,787 FOR P DOLLARS? 107 00:02:00,787 --> 00:02:02,256 OHWORKS I THOUGHT YOU WANTED 108 00:02:02,256 --> 00:02:02,523 THE 109 00:02:02,523 --> 00:02:03,991 $200 IN MY SHOE. 110 00:02:03,991 --> 00:02:04,591 I 111 00:02:04,591 --> 00:02:06,026 THINK THERE'S SOMETHING ELSE 112 00:02:06,026 --> 00:02:07,027 GOING 113 00:02:07,027 --> 00:02:07,628 ON. 114 00:02:07,628 --> 00:02:09,463 IT DOESN'T MAKE ANY SENSE 115 00:02:09,463 --> 00:02:10,364 WHATSOEVER SO BUILD THIS 116 00:02:10,364 --> 00:02:11,331 AS A 117 00:02:11,331 --> 00:02:12,266 BASKETBALL 118 00:02:12,266 --> 00:02:12,699 ARENA. 119 00:02:12,699 --> 00:02:14,401 >>THE CITY IS SAYING IT WOULD 120 00:02:14,401 --> 00:02:15,802 ACTUALLY -- THEY HAVEN'T SAID 121 00:02:15,802 --> 00:02:16,103 MUCH. 122 00:02:16,103 --> 00:02:17,137 THEY'RE BEING 123 00:02:17,137 --> 00:02:18,105 CLOSED MOUTHED 124 00:02:18,105 --> 00:02:19,139 ABOUT IT. 125 00:02:19,139 --> 00:02:20,440 BUT IN A RELEASE THEY SAID 126 00:02:20,440 --> 00:02:20,741 THE 127 00:02:20,741 --> 00:02:22,843 CITY IS LOOKING FOR A 128 00:02:22,843 --> 00:02:23,944 STATE-OF-THE-ART EVENT 129 00:02:23,944 --> 00:02:24,545 CENTER. 130 00:02:24,545 --> 00:02:26,079 , WHICH WOULD 131 00:02:26,079 --> 00:02:27,281 BE ATTRACT 132 00:02:27,281 --> 00:02:27,848 CONVENTIONS, TRADE 133 00:02:27,848 --> 00:02:28,916 SHOWS AND 134 00:02:28,916 --> 00:02:29,616 SPORTING EVENTS. 135 00:02:29,616 --> 00:02:30,984 SO DOES THIS KIND 136 00:02:30,984 --> 00:02:31,451 OF 137 00:02:31,451 --> 00:02:32,019 COMBINATION 138 00:02:32,019 --> 00:02:33,053 WORK IN AN 139 00:02:33,053 --> 00:02:34,054 EVENT CENTER? 140 00:02:34,054 --> 00:02:35,255 >>NOT REALLY. 141 00:02:35,255 --> 00:02:36,857 IT'S JUST THE VENUES DON'T WORK 142 00:02:36,857 --> 00:02:37,891 IN TERMS OF WHAT 143 00:02:37,891 --> 00:02:39,126 A CONVENTION 144 00:02:39,126 --> 00:02:40,961 WANTS AND WHAT A 145 00:02:40,961 --> 00:02:41,895 SPORTING EVENT 146 00:02:41,895 --> 00:02:42,196 WANT. 147 00:02:42,196 --> 00:02:43,463 THEY DON'T GO TOGETHER WELL AND 148 00:02:43,463 --> 00:02:45,065 THERE HAVE BEEN CITIES THAT 149 00:02:45,065 --> 00:02:45,832 HAVE 150 00:02:45,832 --> 00:02:47,534 TRIED IT'S AND 151 00:02:47,534 --> 00:02:49,102 LARGELY 152 00:02:49,102 --> 00:02:49,536 UNSUCCESSFUL. 153 00:02:49,536 --> 00:02:51,038 WE THAT TO POSSESS, THE CITY AS 154 00:02:51,038 --> 00:02:52,206 A WHOLE, THE LARGEST 155 00:02:52,206 --> 00:02:54,975 SQUARE 156 00:02:54,975 --> 00:02:55,742 FOOTAGE, 2 MILLION SQUARE FEET 157 00:02:55,742 --> 00:02:57,010 OR SOMETHING, FAR MORE THAN 158 00:02:57,010 --> 00:02:57,544 ANY 159 00:02:57,544 --> 00:02:59,446 OTHER CITY ALREADY. 160 00:02:59,446 --> 00:03:00,080 >>ONE THING THE CITY 161 00:03:00,080 --> 00:03:01,481 IS SAYING, 162 00:03:01,481 --> 00:03:02,716 THOUGH, IT'S KIND OF SELLING IT 163 00:03:02,716 --> 00:03:03,817 AS A SITE FOR 164 00:03:03,817 --> 00:03:04,751 CONVENTIONS 165 00:03:04,751 --> 00:03:05,786 THAT 166 00:03:05,786 --> 00:03:06,787 ARE TOO 167 00:03:06,787 --> 00:03:07,855 SMALL FOR McCORMICK 168 00:03:07,855 --> 00:03:09,456 PLACE BUT TOO 169 00:03:09,456 --> 00:03:09,957 BIG 170 00:03:09,957 --> 00:03:10,457 FOR 171 00:03:10,457 --> 00:03:11,959 NAVY 172 00:03:11,959 --> 00:03:13,560 PIER. 173 00:03:13,560 --> 00:03:14,328 >>AGAIN, 174 00:03:14,328 --> 00:03:16,230 YES, NAVY PIER ON 175 00:03:16,230 --> 00:03:16,597 THE 176 00:03:16,597 --> 00:03:18,165 ONE HAND AND 177 00:03:18,165 --> 00:03:18,498 McCORMICK I 178 00:03:18,498 --> 00:03:18,966 S 179 00:03:18,966 --> 00:03:19,499 ANOTHER UNIT. 180 00:03:19,499 --> 00:03:21,535 THERE 181 00:03:21,535 --> 00:03:22,402 ARE SEPARATE 182 00:03:22,402 --> 00:03:26,373 BUILDINGS. 183 00:03:26,373 --> 00:03:27,908 ALSO, I THINK THE 184 00:03:27,908 --> 00:03:28,909 OTHER THING, 185 00:03:28,909 --> 00:03:30,277 THERE'S A LOT OF SPACE 186 00:03:30,277 --> 00:03:31,445 BETWEEN -- AS WE LOOK 187 00:03:31,445 --> 00:03:32,045 AT 188 00:03:32,045 --> 00:03:33,280 MCCORMICK PLACE OR A LOT 189 00:03:33,280 --> 00:03:33,647 OF 190 00:03:33,647 --> 00:03:35,115 POTENTIAL ELECTIONS THAT 191 00:03:35,115 --> 00:03:35,482 THE 192 00:03:35,482 --> 00:03:36,517 MICHAEL 193 00:03:36,517 --> 00:03:37,584 REESE PROPERTIES, 194 00:03:37,584 --> 00:03:39,052 THE 195 00:03:39,052 --> 00:03:39,953 ABOVE-GROUND CHICAGO 196 00:03:39,953 --> 00:03:40,554 BEARS 197 00:03:40,554 --> 00:03:41,788 PARKING 198 00:03:41,788 --> 00:03:42,856 LOT, 199 00:03:42,856 --> 00:03:43,824 THE SOLDIER 200 00:03:43,824 --> 00:03:44,591 FIELD 201 00:03:44,591 --> 00:03:45,926 ITSELF, ONE SHOULDTHY ABOUT 202 00:03:45,926 --> 00:03:46,260 THAT. 203 00:03:46,260 --> 00:03:47,427 THERE'S ANOTHER 204 00:03:47,427 --> 00:03:47,895 800-POUND 205 00:03:47,895 --> 00:03:49,396 GORILLA IN THE ROOM AND THAT'S 206 00:03:49,396 --> 00:03:50,364 A 207 00:03:50,364 --> 00:03:51,231 CASINO BECAUSE CERTAINLY THATS 208 00:03:51,231 --> 00:03:53,000 THAT TO BE PART OF THE 209 00:03:53,000 --> 00:03:53,667 PROCESS. 210 00:03:53,667 --> 00:03:55,769 DOES THE MAYOR THINK WE'LL HAVE 211 00:03:55,769 --> 00:03:57,171 A CASINO IN A YEAR OR 212 00:03:57,171 --> 00:03:58,038 TWO, 213 00:03:58,038 --> 00:03:58,438 ABSOLUTELY. 214 00:03:58,438 --> 00:03:59,673 HOW DOES THAT FIT IN WITH THE 215 00:03:59,673 --> 00:04:00,974 BASKETBALL ARENA, THE TWO 216 00:04:00,974 --> 00:04:01,608 HOTELS 217 00:04:01,608 --> 00:04:02,676 AND EVERYTHING ELSE. 218 00:04:02,676 --> 00:04:03,510 >>THEY'RE NOT SAYING A WORD 219 00:04:03,510 --> 00:04:04,845 ABOUT A CASINO AT THIS 220 00:04:04,845 --> 00:04:05,445 POINT, 221 00:04:05,445 --> 00:04:05,779 EITHER. 222 00:04:05,779 --> 00:04:07,614 LET ME READ YOU 223 00:04:07,614 --> 00:04:08,015 WHAT 224 00:04:08,015 --> 00:04:09,850 METROPOLITAN CE. 225 00:04:09,850 --> 00:04:10,884 EO JIM 226 00:04:10,884 --> 00:04:11,451 RILEY 227 00:04:11,451 --> 00:04:11,852 SAID. 228 00:04:11,852 --> 00:04:13,253 HE SAID MOST OF THE 229 00:04:13,253 --> 00:04:13,854 COMPETITORS 230 00:04:13,854 --> 00:04:15,355 HAVE AN EVENT CENTER THAT 231 00:04:15,355 --> 00:04:15,789 ALLOWS 232 00:04:15,789 --> 00:04:17,357 A RANGE OF SHOWS THAT WE 233 00:04:17,357 --> 00:04:17,958 CANNOT 234 00:04:17,958 --> 00:04:20,260 CURRENTLY ATTRACT IN A 235 00:04:20,260 --> 00:04:20,894 COST-EFFECTIVE FASHION. 236 00:04:20,894 --> 00:04:22,563 THE PROPOSED MULTI 237 00:04:22,563 --> 00:04:23,397 PURPOSE EVENT 238 00:04:23,397 --> 00:04:24,765 CENTER AT McCORMICK PLACE WILL 239 00:04:24,765 --> 00:04:27,768 IMPROVE THE ABILITY TO ATTRACT 240 00:04:27,768 --> 00:04:29,837 SHOWSES AND WILL PUT INTO 241 00:04:29,837 --> 00:04:31,405 OVERDRIVE 242 00:04:31,405 --> 00:04:32,873 THE ENTIRE 243 00:04:32,873 --> 00:04:33,207 PROGRAM 244 00:04:33,207 --> 00:04:34,107 WE'RE IMPLEMENTING. 245 00:04:34,107 --> 00:04:35,475 THIS WOULD HELP REVITALIZE 246 00:04:35,475 --> 00:04:36,176 THE 247 00:04:36,176 --> 00:04:37,744 ENTIRE NEIGHBORHOOD, 248 00:04:37,744 --> 00:04:38,178 CREATING 249 00:04:38,178 --> 00:04:39,613 OPPORTUNITY IN THE PROCESS WHICH 250 00:04:39,613 --> 00:04:41,148 WILL BENEFIT THE ENTIRE CITY AND 251 00:04:41,148 --> 00:04:44,618 REGION. 252 00:04:44,618 --> 00:04:45,953 REGION WHAT'S YOUR REACTION. 253 00:04:45,953 --> 00:04:47,087 >>THAT'S A PRESS RELEASE AND 254 00:04:47,087 --> 00:04:48,622 YOU CAN SCRATCH OUT THE NAMES 255 00:04:48,622 --> 00:04:49,723 AND PUT ANY 256 00:04:49,723 --> 00:04:51,091 EVENTS YOU WANT OR 257 00:04:51,091 --> 00:04:52,125 ANY PARTICULAR BUILDING 258 00:04:52,125 --> 00:04:53,393 OR JOB 259 00:04:53,393 --> 00:04:53,861 WORK'S 260 00:04:53,861 --> 00:04:54,261 PROGRAM. 261 00:04:54,261 --> 00:04:55,362 SO IT'S A PRESS 262 00:04:55,362 --> 00:04:56,396 RELEASE. 263 00:04:56,396 --> 00:04:57,931 IT'S A PUBLIC RELATIONS 264 00:04:57,931 --> 00:04:58,298 DOCUMENT. 265 00:04:58,298 --> 00:05:00,200 IT'S CERTAINLY NOT A 266 00:05:00,200 --> 00:05:01,034 BENEFIT-COST STUDY, WHICH IS 267 00:05:01,034 --> 00:05:02,503 WHAT YOU WOULD LIKE TO 268 00:05:02,503 --> 00:05:02,936 HAVE. 269 00:05:02,936 --> 00:05:04,404 >>WHEN YOU DO THAT 270 00:05:04,404 --> 00:05:05,072 COSTS 271 00:05:05,072 --> 00:05:06,507 BENEFIT STUDY WITH 272 00:05:06,507 --> 00:05:08,208 AN EVENT 273 00:05:08,208 --> 00:05:09,176 CENTER, MULTI PURPOSE 274 00:05:09,176 --> 00:05:09,543 CENTER, 275 00:05:09,543 --> 00:05:13,180 WHAT WILL THE RESULTS 276 00:05:13,180 --> 00:05:13,580 BE? 277 00:05:13,580 --> 00:05:15,015 >>SOMEBODY WHO IS NOT BEING 278 00:05:15,015 --> 00:05:16,783 PAID TO DO IT, I THINK 279 00:05:16,783 --> 00:05:17,351 WOULD 280 00:05:17,351 --> 00:05:18,352 SHOW IT DOESN'T 281 00:05:18,352 --> 00:05:19,520 MAKE 282 00:05:19,520 --> 00:05:21,889 SENSE. 283 00:05:21,889 --> 00:05:23,056 VIRTUALLY EVERY CONVENTION 284 00:05:23,056 --> 00:05:23,857 CENTER IF THE UNITED STATES 285 00:05:23,857 --> 00:05:24,791 LOSES MONEY. 286 00:05:24,791 --> 00:05:25,859 WHY THERE ARE CERTAIN 287 00:05:25,859 --> 00:05:27,828 CONVENTIONS THAT ARE HELD AND 288 00:05:27,828 --> 00:05:28,262 EACH CITY 289 00:05:28,262 --> 00:05:29,196 AT AN 290 00:05:29,196 --> 00:05:30,797 ARM'S RACED AS 291 00:05:30,797 --> 00:05:31,732 UPPED THE 292 00:05:31,732 --> 00:05:32,099 ANTE AND 293 00:05:32,099 --> 00:05:32,966 WE'RE TRYING 294 00:05:32,966 --> 00:05:34,134 TO GET INTO 295 00:05:34,134 --> 00:05:35,302 ONE OTHER 296 00:05:35,302 --> 00:05:36,370 ASPECT TO 297 00:05:36,370 --> 00:05:37,171 COMPETE WITH ORLANDO 298 00:05:37,171 --> 00:05:37,804 AND LAS 299 00:05:37,804 --> 00:05:38,205 VEGAS. 300 00:05:38,205 --> 00:05:39,540 >>WHAT DO YOU THINK WOULD IT DO 301 00:05:39,540 --> 00:05:40,941 FOR THE NEIGHBORHOOD? 302 00:05:40,941 --> 00:05:42,709 WOULD IT BRING IN RESTAURANTS, 303 00:05:42,709 --> 00:05:43,777 BARS, SMALL 304 00:05:43,777 --> 00:05:44,178 SHOPS. 305 00:05:44,178 --> 00:05:44,978 >>HARD TO SAY. 306 00:05:44,978 --> 00:05:45,979 HOW MUCH IS 307 00:05:45,979 --> 00:05:46,580 REDISTRIBUTED FROM 308 00:05:46,580 --> 00:05:47,848 SOME OTHER PART OF 309 00:05:47,848 --> 00:05:48,649 THE CITY? 310 00:05:48,649 --> 00:05:50,484 FOR EXAMPLE, IF WE THINK ABOUT 311 00:05:50,484 --> 00:05:50,984 THE 312 00:05:50,984 --> 00:05:51,885 ARENA 313 00:05:51,885 --> 00:05:52,920 ITSELF, 314 00:05:52,920 --> 00:05:53,387 APPROXIMATELY 315 00:05:53,387 --> 00:05:54,521 100 PERCENT OF 316 00:05:54,521 --> 00:05:55,489 DePAUL 317 00:05:55,489 --> 00:05:56,323 FANS ARE 318 00:05:56,323 --> 00:05:57,391 FROM CHICAGO SO 319 00:05:57,391 --> 00:05:58,625 THEY'RE 320 00:05:58,625 --> 00:05:59,693 CHOOSING 321 00:05:59,693 --> 00:06:01,228 TO SPEND FOUR HOURS THERE AS 322 00:06:01,228 --> 00:06:03,764 OPPOSED TO SOMEWHERE ELSE. 323 00:06:03,764 --> 00:06:05,299 REALLY, OF ALL OF THE MAJOR 324 00:06:05,299 --> 00:06:06,600 ACTIVITIES, THERE'S ONLY ONE, I 325 00:06:06,600 --> 00:06:07,734 HATE TO SAY THIS AS 326 00:06:07,734 --> 00:06:09,169 A WHITE 327 00:06:09,169 --> 00:06:09,703 SOX 328 00:06:09,703 --> 00:06:10,737 FAN BUT THERE'S ONE 329 00:06:10,737 --> 00:06:11,205 FRANCHISE IN 330 00:06:11,205 --> 00:06:12,339 TOWN THAT HAS 331 00:06:12,339 --> 00:06:13,173 THE SIGNIFICANT 332 00:06:13,173 --> 00:06:14,808 ECONOMIC IMPACT ON THE CITY OF 333 00:06:14,808 --> 00:06:16,109 CHICAGO AND THAT'S THE CHICAGO 334 00:06:16,109 --> 00:06:17,578 CUBS. 335 00:06:17,578 --> 00:06:18,312 BECAUSE THEY DRAW SO 336 00:06:18,312 --> 00:06:19,213 MUCH FROM 337 00:06:19,213 --> 00:06:20,113 OUTSIDE. 338 00:06:20,113 --> 00:06:21,315 >>HOW DO YOU THINK THE CUBS 339 00:06:21,315 --> 00:06:22,716 FEEL ABOUT THIS DEAL? 340 00:06:22,716 --> 00:06:24,985 HERE WE'RE PROPOSING TO USE TAX 341 00:06:24,985 --> 00:06:26,420 DOLLARS WHICH THE CUBS DO NOT 342 00:06:26,420 --> 00:06:27,821 HAVE ANY ACCESS TO ACCORDING 343 00:06:27,821 --> 00:06:28,288 TO 344 00:06:28,288 --> 00:06:29,523 THE LATEST PLAN, FOR 345 00:06:29,523 --> 00:06:30,257 A 346 00:06:30,257 --> 00:06:31,024 STADIUM 347 00:06:31,024 --> 00:06:32,326 THAT'S AN 348 00:06:32,326 --> 00:06:32,793 EVENT, 349 00:06:32,793 --> 00:06:34,161 MULTI USE EVENT 350 00:06:34,161 --> 00:06:35,863 CENTER BUT 351 00:06:35,863 --> 00:06:36,697 DePAUL UNIVERSITY 352 00:06:36,697 --> 00:06:37,598 BASKETBALL TEAM? 353 00:06:37,598 --> 00:06:38,665 >>IT WAS ALSO 354 00:06:38,665 --> 00:06:39,766 OFFERED FREE RENT 355 00:06:39,766 --> 00:06:41,068 OR FREE SPACE TO PLAY 356 00:06:41,068 --> 00:06:41,835 THEIR 357 00:06:41,835 --> 00:06:43,303 GAMES AT THE UNITED 358 00:06:43,303 --> 00:06:43,737 CENTER AND 359 00:06:43,737 --> 00:06:44,872 THEY TRN IT DOWN OR 360 00:06:44,872 --> 00:06:45,772 AT LEAST THE 361 00:06:45,772 --> 00:06:46,206 THE MOMENT. 362 00:06:46,206 --> 00:06:47,674 SO I SUPPOSE THE CUBS AREN'T 363 00:06:47,674 --> 00:06:48,041 ALL 364 00:06:48,041 --> 00:06:48,709 THAT HAPPY. 365 00:06:48,709 --> 00:06:50,544 I DON'T IMAGINE THE BULLS 366 00:06:50,544 --> 00:06:52,312 AND 367 00:06:52,312 --> 00:06:52,646 PLAWX ARE 368 00:06:52,646 --> 00:06:53,547 HAPPY EITHER. 369 00:06:53,547 --> 00:06:54,882 IT'S A COMPETITOR. 370 00:06:54,882 --> 00:06:56,216 >>WHY WOULD DePAUL TURN THAT 371 00:06:56,216 --> 00:06:58,752 DOWN ZM. 372 00:06:58,752 --> 00:06:59,186 DOWN? 373 00:06:59,186 --> 00:07:00,187 >>THEY WANT SOMETHING WITH 374 00:07:00,187 --> 00:07:01,488 THEIR OWN NAME ON IT. 375 00:07:01,488 --> 00:07:02,890 AGAIN, DePAUL, AND 376 00:07:02,890 --> 00:07:03,423 I'M NOT 377 00:07:03,423 --> 00:07:04,024 FOR 378 00:07:04,024 --> 00:07:05,259 THEM OR AGAINST 379 00:07:05,259 --> 00:07:06,727 THEM, BUT IT'S 380 00:07:06,727 --> 00:07:08,328 A 381 00:07:08,328 --> 00:07:10,264 SECOND 382 00:07:10,264 --> 00:07:11,532 TIER BASKETBALL POWER. 383 00:07:11,532 --> 00:07:12,566 >>WHAT ABOUT THE 384 00:07:12,566 --> 00:07:13,634 IDEA OF 385 00:07:13,634 --> 00:07:14,668 PUTTING PUBLIC 386 00:07:14,668 --> 00:07:15,936 MONEY, HOTEL 387 00:07:15,936 --> 00:07:16,870 FUBDS INTO A 388 00:07:16,870 --> 00:07:19,640 STADIUM OR AN EVENT 389 00:07:19,640 --> 00:07:20,040 CENTER? 390 00:07:20,040 --> 00:07:21,108 >>IN ALL CASES IT 391 00:07:21,108 --> 00:07:22,009 DOESN'T MAKE 392 00:07:22,009 --> 00:07:23,210 SENSE TO DO THAT. 393 00:07:23,210 --> 00:07:24,244 JUST RECYCLING 394 00:07:24,244 --> 00:07:25,179 MONEY WITHIN AN 395 00:07:25,179 --> 00:07:26,980 AREA AND MOST LOSE MONEY BECAUSE 396 00:07:26,980 --> 00:07:27,915 AS WE SAID 397 00:07:27,915 --> 00:07:28,749 EARLIER 398 00:07:28,749 --> 00:07:30,117 THERE'S LOW 399 00:07:30,117 --> 00:07:31,919 OCCUPANCY 400 00:07:31,919 --> 00:07:32,653 RATES. 401 00:07:32,653 --> 00:07:33,620 >>SO IF THAT'S 402 00:07:33,620 --> 00:07:34,788 KNOWN, WHY THE 403 00:07:34,788 --> 00:07:36,390 BIG PUSH FOR THIS? 404 00:07:36,390 --> 00:07:37,691 IS THERE SOMETHING WE DON'T 405 00:07:37,691 --> 00:07:39,560 KNOW, OTHER THAN THE 406 00:07:39,560 --> 00:07:40,060 CASINO. 407 00:07:40,060 --> 00:07:41,161 >>I THINK THERE'S SOMETHING 408 00:07:41,161 --> 00:07:42,629 ELSE GOING 409 00:07:42,629 --> 00:07:43,397 ON, SORT OF 410 00:07:43,397 --> 00:07:44,264 MY SHOE 411 00:07:44,264 --> 00:07:45,399 JOKE AT THE 412 00:07:45,399 --> 00:07:45,799 OUTSET. 413 00:07:45,799 --> 00:07:48,001 BUT 414 00:07:48,001 --> 00:07:48,168 ALSO, 415 00:07:48,168 --> 00:07:51,038 IT'S NOT ORIGINAL WITH 416 00:07:51,038 --> 00:07:51,438 ME. 417 00:07:51,438 --> 00:07:52,606 IT'S HARD FOR A MAYOR 418 00:07:52,606 --> 00:07:54,942 TO KEEP 419 00:07:54,942 --> 00:07:55,609 A 420 00:07:55,609 --> 00:07:56,777 CONCRETE PROMISE TO THE 421 00:07:56,777 --> 00:07:57,110 PEOPLE. 422 00:07:57,110 --> 00:07:58,745 SO WHAT HAPPENS 423 00:07:58,745 --> 00:07:59,313 HERE, IS 424 00:07:59,313 --> 00:08:00,714 SOMEBODY IS GOING TO BENEFIT 425 00:08:00,714 --> 00:08:02,783 FROM THIS AND THE QUESTION IS, 426 00:08:02,783 --> 00:08:03,083 WHO? 427 00:08:03,083 --> 00:08:04,084 AND THAT WE DON'T KNOW. 428 00:08:04,084 --> 00:08:05,452 WE DON'T KNOW WHO IT IS AND 429 00:08:05,452 --> 00:08:05,819 WE 430 00:08:05,819 --> 00:08:08,755 DON'T KNOW WHAT ARE THE OTHER 431 00:08:08,755 --> 00:08:10,424 PIECES TO 432 00:08:10,424 --> 00:08:10,891 THISLE. 433 00:08:10,891 --> 00:08:12,626 >>IF THERE IS 434 00:08:12,626 --> 00:08:13,627 A CASINO, 435 00:08:13,627 --> 00:08:14,628 DOES IT 436 00:08:14,628 --> 00:08:15,796 MAKE MORMON TEAR 437 00:08:15,796 --> 00:08:16,296 SENSE? 438 00:08:16,296 --> 00:08:18,031 >>PROBABLY SO BECAUSE AGAIN IN 439 00:08:18,031 --> 00:08:18,999 THIS PARTICULAR SITUATION, A LOT 440 00:08:18,999 --> 00:08:20,534 OF THE GAMBLING IN CHICAGO THAT 441 00:08:20,534 --> 00:08:23,203 TAKES PLACE IS THE 442 00:08:23,203 --> 00:08:24,304 MAYOR'S BAND. 443 00:08:24,304 --> 00:08:25,305 WE HAVE 444 00:08:25,305 --> 00:08:26,173 CASINOS IN CHICAGO. 445 00:08:26,173 --> 00:08:27,674 THEY HAVE TO BE LOTIONED 446 00:08:27,674 --> 00:08:28,475 IN 447 00:08:28,475 --> 00:08:29,610 WISCONSIN AND INDIANA AND 448 00:08:29,610 --> 00:08:30,043 IOWA 449 00:08:30,043 --> 00:08:31,044 SO THIS 450 00:08:31,044 --> 00:08:31,812 WOULD 451 00:08:31,812 --> 00:08:34,681 BRING THE 452 00:08:34,681 --> 00:08:35,048 GAMBLING 453 00:08:35,048 --> 00:08:36,450 MONEY BACK INTO THE CITY, AS 454 00:08:36,450 --> 00:08:37,751 WELL AS OUTSIDE OTHER STATES 455 00:08:37,751 --> 00:08:38,886 INTO CHICAGO. 456 00:08:38,886 --> 00:08:39,953 >>ALL 457 00:08:39,953 --> 00:08:40,287 RIGHT. 458 00:08:40,287 --> 00:08:44,287 THANK