1 00:00:02,700 --> 00:00:08,233 SONGWRITER ROBBIE FULKS ON HIS 2 00:00:03,633 --> 00:00:09,233 FIRST TIME GRAMMY NOMINATIONS. 3 00:00:06,366 --> 00:00:10,733 FIRST, EDDIE ARRUZA AND 4 00:00:08,233 --> 00:00:11,733 ARCHBISHOP TRANSPORTATION PLANS 5 00:00:09,233 --> 00:00:13,733 FOR CHICAGO. 6 00:00:10,733 --> 00:00:15,333 >> PHIL, MAYOR EMANUEL SAYS HE 7 00:00:11,733 --> 00:00:16,933 WANTS TO RESURRECT THE LONG PLAN 8 00:00:13,733 --> 00:00:17,266 TO CONSTRUCT THE HIGH SPEED RAIL 9 00:00:15,333 --> 00:00:18,466 LINE BETWEEN THE LOOP AND 10 00:00:16,933 --> 00:00:21,266 O'HARE. 11 00:00:17,266 --> 00:00:22,800 HE ALSO ANNOUNCED THE 12 00:00:18,466 --> 00:00:23,133 CONSTRUCTION OF A NEW CTA GREEN 13 00:00:21,266 --> 00:00:28,466 LINE STATION NEAR THE UNITED 14 00:00:22,800 --> 00:00:28,766 CENTER. 15 00:00:23,133 --> 00:00:34,633 TWO OF THE PROJECTS HE TOUTED 16 00:00:28,466 --> 00:00:35,000 TODAY. 17 00:00:28,766 --> 00:00:36,233 BUT FUNDING AND LOGISTICS REMAIN 18 00:00:34,633 --> 00:00:38,400 OBSTACLES. 19 00:00:35,000 --> 00:00:41,833 >> THE PROJECTS WE'VE PLANNED WE 20 00:00:36,233 --> 00:00:45,800 HAVE PLANNED IN THE NEXT THREE 21 00:00:38,400 --> 00:00:46,300 YEARS WILL CREATE OVER 40,000 22 00:00:41,833 --> 00:00:46,700 MORE JOBS BUILDING A NEW 23 00:00:45,800 --> 00:00:48,566 CHICAGO. 24 00:00:46,300 --> 00:00:49,933 [APPLAUSE] 25 00:00:46,700 --> 00:00:53,300 >> AND JOINING US TO TONIGHT 26 00:00:48,566 --> 00:00:54,500 PROVIDE DETAILS ABOUT THE FUTURE 27 00:00:49,933 --> 00:00:56,933 OF CHICAGO'S INFRASTRUCTURE PLAN 28 00:00:53,300 --> 00:00:58,200 ARER TERRY PETERSON CHAIRMAN OF 29 00:00:54,500 --> 00:00:59,966 THE CHICAGO TRANSIT BOARD, 30 00:00:56,933 --> 00:01:02,366 JONATHAN LEACH MANAGING DIRECTOR 31 00:00:58,200 --> 00:01:03,966 OF THE DEPARTMENT OF DEPARTMENT 32 00:00:59,966 --> 00:01:05,833 OF AVIATION AND REBEKAH 33 00:01:02,366 --> 00:01:07,033 SCHEINFELD THE COMMISSIONER OF 34 00:01:03,966 --> 00:01:09,400 THE CHICAGO DEPARTMENT OF 35 00:01:05,833 --> 00:01:11,000 TRANSPORTATION. 36 00:01:07,033 --> 00:01:13,166 THE HIGH SPEED RAIL HAS BEEN ON 37 00:01:09,400 --> 00:01:14,533 THE WISH LIST IS THERE REASON TO 38 00:01:11,000 --> 00:01:15,066 BELIEVE THAT IT CAN GET UNDERWAY 39 00:01:13,166 --> 00:01:16,800 NOW? 40 00:01:14,533 --> 00:01:18,366 >> ABSOLUTELY. 41 00:01:15,066 --> 00:01:21,166 IF YOU TAKE A LOOK AT JUST GOING 42 00:01:16,800 --> 00:01:23,933 BACK WHEN THE MAYOR SAID HE WAS 43 00:01:18,366 --> 00:01:24,533 GOING TO MAKE CTA A PRIORITY AND 44 00:01:21,166 --> 00:01:27,766 FAST FORWARD HAS HE DELIVERED ON 45 00:01:23,933 --> 00:01:30,200 THAT? 46 00:01:24,533 --> 00:01:32,700 SINCE 2011, YOU KNOW, THE MAYOR, 47 00:01:27,766 --> 00:01:33,966 CTA HAS EITHER FINISHED, BEGUN 48 00:01:30,200 --> 00:01:35,933 OR ANNOUNCED OVER $8 BILLION IN 49 00:01:32,700 --> 00:01:37,933 PROJECTS AROUND THE CITY. 50 00:01:33,966 --> 00:01:38,866 >> WHAT IS THE TANGIBLE EVIDENCE 51 00:01:35,933 --> 00:01:40,133 THAT THIS HIGH SPEED RAIL CAN 52 00:01:37,933 --> 00:01:41,500 GET UNDERWAY? 53 00:01:38,866 --> 00:01:43,366 >> WHEN THE MAYOR SAYS HE IS 54 00:01:40,133 --> 00:01:44,400 GOING TO DELIVER ON SOMETHING, I 55 00:01:41,500 --> 00:01:46,200 THINK THE RECORD HAS BEEN PROVE 56 00:01:43,366 --> 00:01:56,766 ESPECIALLY OVER THE PAST FIVE 57 00:01:44,400 --> 00:01:56,766 YEARS THAT HE DELIVERS. 58 00:01:46,200 --> 00:01:56,766 IF YOU LOOK AT WHAT 59 00:02:13,866 --> 00:02:17,966 BILLION PROJECT. 60 00:02:14,500 --> 00:02:19,466 IF YOU LOOK AT THE RECORD OVER 61 00:02:16,366 --> 00:02:22,400 THE PAST FIVE YEARS IN TERMS OF 62 00:02:17,966 --> 00:02:24,233 HIS COMMITMENT TO TRANSIT IF HE 63 00:02:19,466 --> 00:02:25,900 SAYS HE IS GOING TO DO IT HE 64 00:02:22,400 --> 00:02:27,300 DELIVERED ON THAT. 65 00:02:24,233 --> 00:02:28,066 >> JONATHAN LEACH WHAT IS O'HARE 66 00:02:25,900 --> 00:02:30,366 AIRPORT'S ROLE IN GETTING THIS 67 00:02:27,300 --> 00:02:32,500 DONE? 68 00:02:28,066 --> 00:02:35,500 >> WITH THE REDEVELOPMENT OF THE 69 00:02:30,366 --> 00:02:37,300 TERMINALS IT MAKES SENSE AT THIS 70 00:02:32,500 --> 00:02:40,666 TIME TO LOOK FOR AN IDEAL 71 00:02:35,500 --> 00:02:43,666 LOCATION TO PLACE IT AT O'HARE 72 00:02:37,300 --> 00:02:45,833 SO THE OPPORTUNITY EXISTS RIGHT 73 00:02:40,666 --> 00:02:49,933 NOW TO HELP MAKE THAT A REALITY 74 00:02:43,666 --> 00:02:50,500 BY VIR USE OF THE PLANS WE ARE 75 00:02:45,833 --> 00:02:52,533 EMBARKING ON TO BUILD GATES AT 76 00:02:49,933 --> 00:02:54,333 THE AIRPORT. 77 00:02:50,500 --> 00:02:54,966 >> ARE THE AIRLINES BEING ASKED 78 00:02:52,533 --> 00:02:55,333 TO PITCH IN ON FUNDING THE 79 00:02:54,333 --> 00:02:57,233 PROJECT? 80 00:02:54,966 --> 00:02:59,133 >> NO. 81 00:02:55,333 --> 00:03:01,633 RIGHT NOW THE FUNDING IS STILL 82 00:02:57,233 --> 00:03:03,500 TO BE DETERMINED. 83 00:02:59,133 --> 00:03:04,866 THE FACT THAT WE ARE 84 00:03:01,633 --> 00:03:06,800 REDEVELOPING THE TERMINALS AND 85 00:03:03,500 --> 00:03:08,733 PROVIDING AN OPPORTUNITY TO OPEN 86 00:03:04,866 --> 00:03:10,366 UP SPACE FOR THAT IS WHY IT 87 00:03:06,800 --> 00:03:12,533 MAKES SENSE TO HAVE THE 88 00:03:08,733 --> 00:03:13,966 DEPARTMENT OF AVIATION INVOLVED. 89 00:03:10,366 --> 00:03:15,500 >> REBEKAH SCHEINFELD WHAT IS 90 00:03:12,533 --> 00:03:16,866 THE CHICAGO DEPARTMENT OF 91 00:03:13,966 --> 00:03:19,000 TRANSPORTATION'S ROLE IN GETTING 92 00:03:15,500 --> 00:03:20,066 THIS DONE? 93 00:03:16,866 --> 00:03:21,633 >> RIGHT NOW IT IS TILL IN A DUE 94 00:03:19,000 --> 00:03:22,600 DILIGENCE PHASE AND WE ARE 95 00:03:20,066 --> 00:03:26,300 PLAYING OUR ROLE IN SUPPORTING 96 00:03:21,633 --> 00:03:28,100 THE DEPARTMENT OF AVIATION AND 97 00:03:22,600 --> 00:03:30,400 THE MAYOR'S OFFICE AND THE CTA 98 00:03:26,300 --> 00:03:32,733 AS APPLICABLE AS THE MAYOR MOVES 99 00:03:28,100 --> 00:03:34,600 THE PROJECT FORWARD AND EXPLORES 100 00:03:30,400 --> 00:03:37,066 THE APPROPRIATE RIGHT-OF-WAY TO 101 00:03:32,733 --> 00:03:38,766 ENACT THIS AMBITIOUS PROJECT. 102 00:03:34,600 --> 00:03:40,900 >> THERE WAS A CTA STATION 103 00:03:37,066 --> 00:03:43,200 CONSTRUCTED UNDER BLOCK 3710 104 00:03:38,766 --> 00:03:44,200 YEARS AGO AND IT COST $200 105 00:03:40,900 --> 00:03:46,066 MILLION AND IT IS STILL 106 00:03:43,200 --> 00:03:47,800 UNFINISHED AND THAT WAS SUPPOSED 107 00:03:44,200 --> 00:03:49,333 TO BE THE LOOP HUB FOR THIS 108 00:03:46,066 --> 00:03:50,666 O'HARE LINK. 109 00:03:47,800 --> 00:03:52,433 AND NOW THE CHICAGO DEPARTMENT 110 00:03:49,333 --> 00:03:54,166 OF TRANSPORTATION IS THE 111 00:03:50,666 --> 00:03:56,100 OVERSEEING AGENCIES OF SOME OF 112 00:03:52,433 --> 00:03:57,633 THESE NEW CTA STATIONS. 113 00:03:54,166 --> 00:03:58,966 WILL YOU BE IN CHARGE OF 114 00:03:56,100 --> 00:04:01,133 RESURRECTING THIS UNFINISHED 115 00:03:57,633 --> 00:04:03,200 STATION? 116 00:03:58,966 --> 00:04:05,200 >> THE PROPERTY IS UNDER THE 117 00:04:01,133 --> 00:04:06,666 AUSPICES OF THE CTA BUT YOU ARE 118 00:04:03,200 --> 00:04:08,000 RIGHT, THE CHICAGO DEPARTMENT OF 119 00:04:05,200 --> 00:04:09,400 TRANSPORTATION WORKS WITH THE 120 00:04:06,666 --> 00:04:10,100 CTA ON BUILDING A SIGNIFICANT 121 00:04:08,000 --> 00:04:11,733 AMOUNT OF THE RAIL 122 00:04:09,400 --> 00:04:15,433 INFRASTRUCTURE IN THE CITY AND 123 00:04:10,100 --> 00:04:17,733 WE ARE PLEASED TO BE DELIVERING 124 00:04:11,733 --> 00:04:19,200 THAT FOR THE CTA WE BUILT THE 125 00:04:15,433 --> 00:04:21,666 MORGAN STATION AND McCORMICK 126 00:04:17,733 --> 00:04:23,033 PLACE AND DOING THE CONSTRUCTION 127 00:04:19,200 --> 00:04:23,866 ON THE GREEN LINE STATION AT 128 00:04:21,666 --> 00:04:24,900 DAMON THAT WE ARE PLEASED TO 129 00:04:23,033 --> 00:04:27,600 ANNOUNCE TODAY. 130 00:04:23,866 --> 00:04:29,266 >> TERRY PETERSON YOU SAY IF THE 131 00:04:24,900 --> 00:04:30,633 MAYOR SAYS IT IT WILL GET DONE. 132 00:04:27,600 --> 00:04:33,700 AT WHAT COST AND WHERE IS THE 133 00:04:29,266 --> 00:04:35,633 FUNDING COMING FROM? 134 00:04:30,633 --> 00:04:37,666 >> I SAID MORE THAN THAT THE. 135 00:04:33,700 --> 00:04:39,766 I SAID IF HE SAYS IT AND YOU 136 00:04:35,633 --> 00:04:41,300 LOOK AT THE TRACK RECORD HE 137 00:04:37,666 --> 00:04:42,900 DELIVERED ON THE PROMISES. 138 00:04:39,766 --> 00:04:43,233 AGAIN AS MENTIONED WE WILL BE 139 00:04:41,300 --> 00:04:45,400 WORKING AS PARTNERS IN THE 140 00:04:42,900 --> 00:04:47,633 EFFORT. 141 00:04:43,233 --> 00:04:50,166 THE MAYOR SAYS THAT HE IS GOING 142 00:04:45,400 --> 00:04:52,166 TO HAVE SOMEONE COME ONBOARD AND 143 00:04:47,633 --> 00:04:54,600 LOOK FOR PROPER FUNDING AND 144 00:04:50,166 --> 00:04:54,933 PUBLIC FUNDING TO GET IT DONE. 145 00:04:52,166 --> 00:04:56,500 AND HIS TRACK RECORD SPEAKS FOR 146 00:04:54,600 --> 00:04:58,366 ITSELF. 147 00:04:54,933 --> 00:05:00,333 IF YOU LOOK AT THE MAJOR 148 00:04:56,500 --> 00:05:01,866 PROJECTS THE RAIL LINE EXTENSION 149 00:04:58,366 --> 00:05:04,866 AND THE RED PURPLE MODERNIZATION 150 00:05:00,333 --> 00:05:07,166 FIVE YEARS AGO WHEN HE SAID HE 151 00:05:01,866 --> 00:05:07,800 IS GOING TO MAKE INVESTING IN 152 00:05:04,866 --> 00:05:09,266 TRANSIT A PRIORITY HE HAS DONE 153 00:05:07,166 --> 00:05:10,933 IT. 154 00:05:07,800 --> 00:05:12,200 >> ESTIMATE HOW MUCH IT WILL 155 00:05:09,266 --> 00:05:14,033 COST? 156 00:05:10,933 --> 00:05:16,166 >> DON'T KNOW. 157 00:05:12,200 --> 00:05:17,833 >> THERE IS AN ENGINEERING FIRM 158 00:05:14,033 --> 00:05:19,266 INVOLVED AN THEY HAVE A $2 159 00:05:16,166 --> 00:05:21,200 MILLION CONTRACT TO IDENTIFY 160 00:05:17,833 --> 00:05:23,366 ROUTES AND COSTS AND NOW THE 161 00:05:19,266 --> 00:05:25,700 CITY HIRED A FORMER U.S. 162 00:05:21,200 --> 00:05:26,266 DEPARTMENT OF TRANSPORTATION 163 00:05:23,366 --> 00:05:30,100 OFFICIAL BOB RIFKIN TO OFFER 164 00:05:25,700 --> 00:05:30,433 LEGAL ADVICE. 165 00:05:26,266 --> 00:05:32,166 WHAT IS Mr. RIFKIN AND WHAT 166 00:05:30,100 --> 00:05:32,633 ADVICE? 167 00:05:30,433 --> 00:05:35,033 >> BOB HAS A LONG HISTORY IN 168 00:05:32,166 --> 00:05:37,833 TRANSPORTATION. 169 00:05:32,633 --> 00:05:38,300 I THINK BOB WAS FORMER GENERAL 170 00:05:35,033 --> 00:05:41,133 COUNSEL WITH THE DEPARTMENT OF 171 00:05:37,833 --> 00:05:42,400 TRANSPORTATION. 172 00:05:38,300 --> 00:05:43,800 HE WAS GENERAL COUNSEL WITH 173 00:05:41,133 --> 00:05:44,300 CHICAGO TRANSIT AUTHORITY HE HAS 174 00:05:42,400 --> 00:05:45,366 A LONG HISTORY IN 175 00:05:43,800 --> 00:05:46,400 TRANSPORTATION. 176 00:05:44,300 --> 00:05:48,800 >> JONATHAN LEACH THIS 177 00:05:45,366 --> 00:05:50,933 INFRASTRUCTURE PROPOSAL AND IT 178 00:05:46,400 --> 00:05:53,300 IS MORE EXPANSIVE AND WE WILL 179 00:05:48,800 --> 00:05:55,400 GET TO THE OTHER ASPECTS BUT IT 180 00:05:50,933 --> 00:05:56,533 COMES AT A TIME WHEN O'HARE AND 181 00:05:53,300 --> 00:05:58,366 THE AIRLINES ARE UNDER 182 00:05:55,400 --> 00:06:00,633 NEGOTIATIONS TO DETERMINE HOW 183 00:05:56,533 --> 00:06:00,933 MANY MORE GATES WILL COME TO 184 00:05:58,366 --> 00:06:02,866 O'HARE AND WHO IS GOING TO GET 185 00:06:00,633 --> 00:06:04,833 THEM. 186 00:06:00,933 --> 00:06:05,833 THE LEASE ALSO IS UP NEXT YEAR 187 00:06:02,866 --> 00:06:08,000 IN 2018 OVER WHO IS GOING TO PAY 188 00:06:04,833 --> 00:06:09,700 FOR WHAT. 189 00:06:05,833 --> 00:06:11,266 HOW DOES THIS ALL FACTOR INTO 190 00:06:08,000 --> 00:06:13,066 THE INFRASTRUCTURE PLANS 191 00:06:09,700 --> 00:06:15,066 ESPECIALLY THE EXPANSION? 192 00:06:11,266 --> 00:06:17,500 >> IF YOU LOOK AT WHAT WE HAVE 193 00:06:13,066 --> 00:06:19,366 ACCOMPLISHED WE HAVE OPENED TWO 194 00:06:15,066 --> 00:06:20,133 NEW RUNWAYS A NEW TRAFFIC 195 00:06:17,500 --> 00:06:23,000 CONTROL TOWER THAT SAY $2 196 00:06:19,366 --> 00:06:24,566 BILLION INVESTMENT. 197 00:06:20,133 --> 00:06:25,600 WE HAVE $3 BILLION IN ACTIVE 198 00:06:23,000 --> 00:06:26,666 PROJECTS AT BOTH O'HARE AND 199 00:06:24,566 --> 00:06:28,366 MIDWAY. 200 00:06:25,600 --> 00:06:28,733 WE'VE GOT GREAT RELATIONSHIPS 201 00:06:26,666 --> 00:06:31,133 WITH ALL OF OUR AIRLINE 202 00:06:28,366 --> 00:06:32,466 PARTNERS. 203 00:06:28,733 --> 00:06:33,766 WE HAVE 900 MILLION DOLLARS IN 204 00:06:31,133 --> 00:06:35,200 CONTRACTS GOING OUT ON THE 205 00:06:32,466 --> 00:06:36,833 STREET THIS YEAR. 206 00:06:33,766 --> 00:06:39,100 THAT INVESTMENT IN THE AIRFIELD 207 00:06:35,200 --> 00:06:39,466 IS SETTING UP THE FUTURE OF 208 00:06:36,833 --> 00:06:41,133 O'HARE IN TERMS OF GATE 209 00:06:39,100 --> 00:06:44,500 EXPANSION. 210 00:06:39,466 --> 00:06:45,600 NOW THAT THE AIRFIELD WILL BE 211 00:06:41,133 --> 00:06:46,733 AMONG THE MOST EFFICIENT IN THE 212 00:06:44,500 --> 00:06:48,300 COUNTRY, WILL BE GATE 213 00:06:45,600 --> 00:06:50,400 CONSTRAINED AND IT'S TIME TO 214 00:06:46,733 --> 00:06:52,033 LOOK AT INVESTMENT IN THE GATES 215 00:06:48,300 --> 00:06:53,133 AND ALLOCATION FOR ALL OF OUR 216 00:06:50,400 --> 00:06:54,766 AIRLINE PARTNERS NOT ONLY OUR 217 00:06:52,033 --> 00:06:56,266 HUBS BUT EVERYBODY THERE. 218 00:06:53,133 --> 00:06:58,133 >> AND I KNOW YOU CANNOT GIVE 219 00:06:54,766 --> 00:06:59,500 DETAILS WHAT IS GOING ON WITH 220 00:06:56,266 --> 00:07:01,633 THE NEGOTIATIONS, BUT, STILL, 221 00:06:58,133 --> 00:07:02,700 ARE YOU GOING TO PRESS THE 222 00:06:59,500 --> 00:07:06,133 AIRLINES TO CHIP IN MORE FOR THE 223 00:07:01,633 --> 00:07:07,866 EXPANSION AND EVEN 224 00:07:02,700 --> 00:07:10,666 INFRASTRUCTURE PROJECTS? 225 00:07:06,133 --> 00:07:13,100 >> THE NEGOTIATION WITH THE 226 00:07:07,866 --> 00:07:14,666 AIRLINES RIGHT NOW INCLUDES THIS 227 00:07:10,666 --> 00:07:16,533 TERMINAL AREA PLAN THAT WE 228 00:07:13,100 --> 00:07:18,333 ANNOUNCED LAST YEAR AND WE'VE 229 00:07:14,666 --> 00:07:20,133 MOVED QUITE A BIT ON THAT IN 230 00:07:16,533 --> 00:07:22,333 TERMS OF LOOKING AT HE 231 00:07:18,333 --> 00:07:25,366 REDEVELOPMENT OF TERMINAL TWO AS 232 00:07:20,133 --> 00:07:26,166 A NEW INTERNATIONAL TERMINAL 233 00:07:22,333 --> 00:07:27,700 FACILITY AND ADDITIONAL GATES. 234 00:07:25,366 --> 00:07:31,200 >> REBEKAH SCHEINFELD YOU WERE 235 00:07:26,166 --> 00:07:33,300 ON THE PROGRAM NOT LONG AGO 236 00:07:27,700 --> 00:07:36,166 TALKING ABOUT A HOST OF C DOT 237 00:07:31,200 --> 00:07:36,500 PROJECTS AND ONE WAS THE RETRO 238 00:07:33,300 --> 00:07:39,166 FIGHTING OF THE STREET LIGHTS IN 239 00:07:36,166 --> 00:07:39,966 CHICAGO. 240 00:07:36,500 --> 00:07:41,766 AND YOU HAVE DECIDED TO SEND IT 241 00:07:39,166 --> 00:07:42,533 OUT FORBID AND THE 242 00:07:39,966 --> 00:07:45,666 INFRASTRUCTURE TRUST IS GOING TO 243 00:07:41,766 --> 00:07:47,333 PAY FOR THIS. 244 00:07:42,533 --> 00:07:49,700 IN TERMS OF OTHER PROJECTS 245 00:07:45,666 --> 00:07:51,333 ESPECIALLY THESE INFRASTRUCTURE 246 00:07:47,333 --> 00:07:52,700 PROJECTS INVOLVING THE CTA, THE 247 00:07:49,700 --> 00:07:54,766 MAYOR IS SAYING THERE ARE 248 00:07:51,333 --> 00:07:55,166 PRIVATE INVESTORS FROM ALL 249 00:07:52,700 --> 00:07:56,900 AROUND THE WORLD INTERESTED IN 250 00:07:54,766 --> 00:07:57,300 INVESTING. 251 00:07:55,166 --> 00:07:58,500 CAN YOU TELL US ANYTHING ABOUT 252 00:07:56,900 --> 00:07:59,466 THAT? 253 00:07:57,300 --> 00:08:00,966 AND HOW MUCH THEY ARE EXPECTED 254 00:07:58,500 --> 00:08:03,566 TO CONTRIBUTE? 255 00:07:59,466 --> 00:08:05,233 >> I THINK THE REFERENCE WAS 256 00:08:00,966 --> 00:08:07,466 TODAY IN RELATION TO THE AIRPORT 257 00:08:03,566 --> 00:08:10,033 EXPRESS RAIL IN PROTECT. 258 00:08:05,233 --> 00:08:11,266 BUT AS YOU KNOW THE MAYOR HAS A 259 00:08:07,466 --> 00:08:13,900 STRONG TRACK RECORD OF 260 00:08:10,033 --> 00:08:15,233 ATTRACTING PRIVATE INVESTMENT IN 261 00:08:11,266 --> 00:08:16,266 THE CITY WHEN IT'S HEADQUARTERS 262 00:08:13,900 --> 00:08:18,133 RELOCATION OR CAPITAL 263 00:08:15,233 --> 00:08:20,366 INVESTMENT. 264 00:08:16,266 --> 00:08:21,900 THE WANDA TOWER BUILDINGS 265 00:08:18,133 --> 00:08:24,700 DOWNTOWN ON THE RIVER THAT IS $1 266 00:08:20,366 --> 00:08:26,733 BILLION OF CAPITAL COMING IN AND 267 00:08:21,900 --> 00:08:27,933 A LOT FROM OUTSIDE THE COUNTRY. 268 00:08:24,700 --> 00:08:30,100 CHICAGO IS A LEADER IN 269 00:08:26,733 --> 00:08:31,166 ATTRACTING PRIVATE INVESTMENT. 270 00:08:27,933 --> 00:08:33,700 >> HOW WOULD THAT WORK FOR THE 271 00:08:30,100 --> 00:08:34,033 O'HARE LINE? 272 00:08:31,166 --> 00:08:35,466 WHAT WOULD THE INVESTORS WANT IN 273 00:08:33,700 --> 00:08:37,533 RETURN? 274 00:08:34,033 --> 00:08:38,500 >> I THINK THAT IS SOMETHING 275 00:08:35,466 --> 00:08:41,133 THAT BOB RIFKIN WILL BE 276 00:08:37,533 --> 00:08:42,400 EXPLORING FURTHER. 277 00:08:38,500 --> 00:08:44,033 AS WE HAVE DISCUSSED THE IDEA OF 278 00:08:41,133 --> 00:08:45,033 AN EXPRESS RAIL TO THE AIRPORT 279 00:08:42,400 --> 00:08:46,700 IS SOMETHING THAT HAS COME UP 280 00:08:44,033 --> 00:08:48,966 OVER THE YEARS. 281 00:08:45,033 --> 00:08:50,466 AND IT'S ALWAYS BEEN ENVISIONED 282 00:08:46,700 --> 00:08:51,733 OF SOMETHING THAT WOULD BE A 283 00:08:48,966 --> 00:08:53,466 GREAT PROJECT FOR A 284 00:08:50,466 --> 00:08:55,100 PUBLIC-PRIVATE PARTNERSHIP AND 285 00:08:51,733 --> 00:08:56,533 MINIMIZE TAXPAYER FUNDS AND BE 286 00:08:53,466 --> 00:08:58,033 MORE OF A PRIVATE INVESTMENT. 287 00:08:55,100 --> 00:09:00,700 >> I'M NOT SURE WHO IS THE ONE 288 00:08:56,533 --> 00:09:04,833 TO ASK ABOUT THIS QUESTION SINCE 289 00:08:58,033 --> 00:09:06,633 YOU ARE HANDLING THE CTA AT 290 00:09:00,700 --> 00:09:08,566 LEAST THE WHAT BASH MAD WABASH 291 00:09:04,833 --> 00:09:11,633 MADISON STOP BUT THE RED LINE 292 00:09:06,633 --> 00:09:13,800 EXTENSION IS PROPOSED NOW DOWN 293 00:09:08,566 --> 00:09:18,033 TO 130TH STREET AND THE GREEN 294 00:09:11,633 --> 00:09:20,033 LINE STOP L STATION NEAR THE 295 00:09:13,800 --> 00:09:21,533 UNITED CENTER IS SOMETHING NEW. 296 00:09:18,033 --> 00:09:22,733 WHO CAN BE THE SPOKES PERSON. 297 00:09:20,033 --> 00:09:25,566 >> THAT IS ANOTHER GOOD 298 00:09:21,533 --> 00:09:27,133 PARTNERSHIP WITH C DOT. 299 00:09:22,733 --> 00:09:28,200 >> TELL ME ABOUT THE FUNDING AND 300 00:09:25,566 --> 00:09:29,900 WHAT BROUGHT ABOUT THE NEW GREEN 301 00:09:27,133 --> 00:09:31,266 LINE STATION? 302 00:09:28,200 --> 00:09:34,133 >> THE ONE AT DAMON LAKE IS THE 303 00:09:29,900 --> 00:09:35,166 ONE THAT YOU ARE TALKING ABOUT 304 00:09:31,266 --> 00:09:36,933 THAT THE MAYOR ANNOUNCED TODAY. 305 00:09:34,133 --> 00:09:38,700 ALDERMAN BARNETT AND THE 306 00:09:35,166 --> 00:09:39,000 COMMUNITY HAS BEEN TALKING ABOUT 307 00:09:36,933 --> 00:09:40,600 THAT PROJECT FOR ALMOST 15 308 00:09:38,700 --> 00:09:42,166 YEARS. 309 00:09:39,000 --> 00:09:44,366 THEY HAVE BEEN TRYING TO GET IT. 310 00:09:40,600 --> 00:09:46,466 RESIDENTS IN THE AREA HAVE TO 311 00:09:42,166 --> 00:09:48,633 TRAVEL A MILE TO A 312 00:09:44,366 --> 00:09:50,533 MILE-AND-A-HALF TO GET TO RAIL. 313 00:09:46,466 --> 00:09:53,333 AND SO THE DAY THE MAYOR 314 00:09:48,633 --> 00:09:55,566 ANNOUNCED IT AND IT'S GOING TO 315 00:09:50,533 --> 00:09:56,966 BE SIMILAR TO THE MORGAN STREET 316 00:09:53,333 --> 00:09:59,800 STATION BETWEEN 40-60 MILLION 317 00:09:55,566 --> 00:10:03,000 DOLLARS THAT MONEY WILL COME OUT 318 00:09:56,966 --> 00:10:04,900 OF THE NEARBY TIF. 319 00:09:59,800 --> 00:10:06,466 >> SO WILL IT BE FUNDED BY TIF. 320 00:10:03,000 --> 00:10:08,266 FUNDS HAVE NOT BEEN SECURED? 321 00:10:04,900 --> 00:10:08,600 >> THE WAY WE ENDED UP FUNDING 322 00:10:06,466 --> 00:10:09,733 AND BUILDING THE MORGAN STREET 323 00:10:08,266 --> 00:10:11,033 STATION. 324 00:10:08,600 --> 00:10:13,033 >> AND HOW MUCH IS THAT STATION 325 00:10:09,733 --> 00:10:15,466 GOING TO COST? 326 00:10:11,033 --> 00:10:16,766 >> I SAID THE MORGAN STREET 327 00:10:13,033 --> 00:10:18,400 STATION WAS AROUND $40-$60 328 00:10:15,466 --> 00:10:20,366 MILLION AND THE STATION WE WILL 329 00:10:16,766 --> 00:10:22,433 BUILD AT DAMON AND LAKE WILL 330 00:10:18,400 --> 00:10:23,200 ALSO BE IN THAT PRICE RANGE AND 331 00:10:20,366 --> 00:10:26,900 IT WILL BE FUNDED OUT OF THE TIF 332 00:10:22,433 --> 00:10:27,266 NEAR THERE. 333 00:10:23,200 --> 00:10:29,300 >> AND WHAT ABOUT THE RED LINE 334 00:10:26,900 --> 00:10:29,900 EXPANSION? 335 00:10:27,266 --> 00:10:32,266 THAT IS A BOLD PROPOSAL. 336 00:10:29,300 --> 00:10:32,666 >> BOLD PROPOSAL. 337 00:10:29,900 --> 00:10:34,400 >> AND TELL ME THE FUNDING FOR 338 00:10:32,266 --> 00:10:37,833 THAT? 339 00:10:32,666 --> 00:10:38,866 >> IN TERMS OF THE FUNDING IT'S 340 00:10:34,400 --> 00:10:40,900 IN OUR BUDGET IN FY17 TO 341 00:10:37,833 --> 00:10:42,766 CONTINUE THE ENVIRONMENTAL AND 342 00:10:38,866 --> 00:10:44,700 THE ENGINEERING STUDY THAT IS 343 00:10:40,900 --> 00:10:46,666 NEEDED TO KEEP THE PROJECT IN 344 00:10:42,766 --> 00:10:48,433 THE CAN QUEUE MANY AND WE THINK 345 00:10:44,700 --> 00:10:50,066 THE PROJECT WILL COST AROUND 346 00:10:46,666 --> 00:10:51,166 $2.3 BILLION AND WE CONTINUE TO 347 00:10:48,433 --> 00:10:52,100 MOVE FORWARD AND STAYING IN THE 348 00:10:50,066 --> 00:10:53,966 PROCESS AND MEETING WITH THE 349 00:10:51,166 --> 00:10:56,633 DEPARTMENT OF TRANSPORTATION AND 350 00:10:52,100 --> 00:10:57,066 SOME OF WHAT WE WERE ABLE TO DO 351 00:10:53,966 --> 00:10:58,466 WITH THE RED LINE PURPLE 352 00:10:56,633 --> 00:11:00,666 MODERNIZATION. 353 00:10:57,066 --> 00:11:03,200 WHEN WE GOT THE LEGISLATION 354 00:10:58,466 --> 00:11:05,633 THROUGH SPRINGFIELD THE RED LINE 355 00:11:00,666 --> 00:11:07,100 EXTENSION IS INCLUDED SO WE CAN 356 00:11:03,200 --> 00:11:08,833 ALSO TIP THAT AREA WHICH WILL 357 00:11:05,633 --> 00:11:10,133 HELP US TO COME UP WITH THE 358 00:11:07,100 --> 00:11:10,400 LOCAL FUNDING. 359 00:11:08,833 --> 00:11:12,500 >> WILL THAT BE ENOUGH TO COVER 360 00:11:10,133 --> 00:11:14,833 IT? 361 00:11:10,400 --> 00:11:15,800 AND HOW MUCH ARE YOU RELYING ON 362 00:11:12,500 --> 00:11:17,633 FEDERAL FUNDS WITH THE NEW 363 00:11:14,833 --> 00:11:18,266 ADMINISTRATION THREATENING TO 364 00:11:15,800 --> 00:11:19,100 PULL FUNDS TO SANCTUARY CITIES 365 00:11:17,633 --> 00:11:20,200 LIKE CHICAGO? 366 00:11:18,266 --> 00:11:21,533 >> YOU HAVE AN ADMINISTRATION 367 00:11:19,100 --> 00:11:22,566 THAT IS TALKING ABOUT 368 00:11:20,200 --> 00:11:24,600 INFRASTRUCTURE IS GOING TO BE A 369 00:11:21,533 --> 00:11:25,366 PRIORITY FOR THEM. 370 00:11:22,566 --> 00:11:29,033 AGAIN, I THINK CHICAGO HAS A 371 00:11:24,600 --> 00:11:30,733 PROVEN TRACK RECORD. 372 00:11:25,366 --> 00:11:32,533 IF YOU TAKE THE RED LINE PURPLE 373 00:11:29,033 --> 00:11:34,066 MODERNIZATION PROJECT $1.1 374 00:11:30,733 --> 00:11:34,833 BILLION WE GOT FROM THE FEDERAL 375 00:11:32,533 --> 00:11:37,000 GOVERNMENT AND COME OUT WITH A 376 00:11:34,066 --> 00:11:37,466 BILLION MATCH. 377 00:11:34,833 --> 00:11:40,066 >> THAT WAS UNDER THE OBAMA 378 00:11:37,000 --> 00:11:42,266 ADMINISTRATION. 379 00:11:37,466 --> 00:11:44,000 >> BUT I ALSO KNOW THAT I'VE GOT 380 00:11:40,066 --> 00:11:45,933 A MAYOR WHO SAYS THAT HE IS 381 00:11:42,266 --> 00:11:47,766 GOING TO GET SOMETHING DONE HE 382 00:11:44,000 --> 00:11:49,666 IS GOING TO WORK ON SOMETHING I 383 00:11:45,933 --> 00:11:51,300 HAVE FAITH IN HIM THAT HE L. 384 00:11:47,766 --> 00:11:54,100 >> REBEKAH SCHEINFELD DO YOU 385 00:11:49,666 --> 00:11:55,533 FEAR THAT FEDERAL FUNDS MY DRY 386 00:11:51,300 --> 00:11:56,633 UP OR NOT BE AS FORTHCOMING? 387 00:11:54,100 --> 00:11:57,600 >> I THINK THE NEW 388 00:11:55,533 --> 00:11:58,833 ADMINISTRATION HAS MADE CLEAR 389 00:11:56,633 --> 00:12:01,100 THAT INFRASTRUCTURE INVESTMENT 390 00:11:57,600 --> 00:12:02,266 IS A PRIORITY. 391 00:11:58,833 --> 00:12:05,333 THE MAYOR MADE CLEAR THAT HE IS 392 00:12:01,100 --> 00:12:06,633 GOING TO CONTINUE TO STAND UP 393 00:12:02,266 --> 00:12:08,100 FOR THE VALUES BUT WHERE THERE 394 00:12:05,333 --> 00:12:08,400 ARE OPPORTUNITIES TO PARTNER HE 395 00:12:06,633 --> 00:12:10,366 IS GOING TO TAKE ADVANTAGE OF 396 00:12:08,100 --> 00:12:12,233 THOSE. 397 00:12:08,400 --> 00:12:13,266 AND THE LAST FIVE YEARS HE HAS 398 00:12:10,366 --> 00:12:16,066 BEEN AGGRESSIVE ABOUT MAKING THE 399 00:12:12,233 --> 00:12:18,466 MOST EFFICIENT USE OF THE FUNDS 400 00:12:13,266 --> 00:12:20,100 WE HAVE AND AGGRESSIVELY SEEKING 401 00:12:16,066 --> 00:12:21,300 AND SECURING COMPETITIVE DOLLAR 402 00:12:18,466 --> 00:12:23,400 AT THE FEDERAL LEVEL AND I 403 00:12:20,100 --> 00:12:25,100 EXPECT THAT WILL CONTINUE. 404 00:12:21,300 --> 00:12:26,400 >> AND THE RIVERWALK FOR EXAMPLE 405 00:12:23,400 --> 00:12:30,933 THAT ONE-FOURTH IS BEING FUNDED 406 00:12:25,100 --> 00:12:33,833 BY FEDERAL FUNDS OF I BELIEVE IT 407 00:12:26,400 --> 00:12:35,233 IS A $499 MILLION PROJECT. 408 00:12:30,933 --> 00:12:36,633 >> $108 MILLION AND ABOUT $100 409 00:12:33,833 --> 00:12:38,366 MILONE FROM THE FEDERAL 410 00:12:35,233 --> 00:12:40,433 GOVERNMENT A GREAT EXAMPLE HOW 411 00:12:36,633 --> 00:12:41,633 THE MAYOR HAS BEEN AGGRESSIVE 412 00:12:38,366 --> 00:12:42,066 AND SUCCESSFUL IN SECURING 413 00:12:40,433 --> 00:12:44,333 CREATIVE FINANCING 414 00:12:41,633 --> 00:12:47,166 OPPORTUNITIES. 415 00:12:42,066 --> 00:12:49,033 THAT IS A LOAN SECURED BY THE 416 00:12:44,333 --> 00:12:51,500 REVENUES COMING FROM THE 417 00:12:47,166 --> 00:12:52,366 CONCESSIONS ON THE RIVERWALK. 418 00:12:49,033 --> 00:12:54,133 >> JONATHAN LEACH LET ME ASK YOU 419 00:12:51,500 --> 00:12:57,700 ABOUT SOMETHING DIFFERENT AND 420 00:12:52,366 --> 00:12:59,500 THAT HAS TO DO WITH THE PROPOSAL 421 00:12:54,133 --> 00:13:01,233 BY ALDERMAN TO ARM GUARDS AT 422 00:12:57,700 --> 00:13:03,133 O'HARE IN THE WAKE OF THE 423 00:12:59,500 --> 00:13:04,233 TRAGEDY IN FORT LAUDERDALE WHAT 424 00:13:01,233 --> 00:13:05,366 DO YOU THINK OF THAT PROPOSAL? 425 00:13:03,133 --> 00:13:07,533 >> SECURITY IS OF COURSE THE 426 00:13:04,233 --> 00:13:08,366 NUMBER ONE PRIORITY AT OUR 427 00:13:05,366 --> 00:13:10,666 AIRPORT AND WE HAVE A 428 00:13:07,533 --> 00:13:12,600 MULTILAYERED APPROACH TO 429 00:13:08,366 --> 00:13:14,000 SECURITY RIGHT NOW BETWEEN OUR 430 00:13:10,666 --> 00:13:15,266 FEDERAL PARTNERS, STATE AND 431 00:13:12,600 --> 00:13:18,100 LOCAL LAW ENFORCEMENT. 432 00:13:14,000 --> 00:13:20,366 THE CHICAGO POLICE DEPARTMENT IS 433 00:13:15,266 --> 00:13:22,133 OUR LEAD LAW ENFORCEMENT AGENCY. 434 00:13:18,100 --> 00:13:23,366 IT IS AN EFFECTIVE SYSTEM THAT 435 00:13:20,366 --> 00:13:25,733 HAS WORKED WITH OUR TERMINAL 436 00:13:22,133 --> 00:13:27,733 DEVELOPMENT WE ARE GOING TO LOOK 437 00:13:23,366 --> 00:13:28,133 FOR NEW OPPORTUNITIES TO PUT 438 00:13:25,733 --> 00:13:30,933 SECURITY INFRASTRUCTURE AND 439 00:13:27,733 --> 00:13:33,233 TECHNOLOGY. 440 00:13:28,133 --> 00:13:34,666 >> SHOULD THE GUARDS BE ARMED? 441 00:13:30,933 --> 00:13:36,100 DO YOU HAVE THOUGHT ON THAT. 442 00:13:33,233 --> 00:13:37,333 >> WE HAVE CHICAGO POLICE THERE 443 00:13:34,666 --> 00:13:41,566 THAT HAVE GUNS. 444 00:13:36,100 --> 00:13:43,500 >> AND TERRY PETERSON LET ME ASK 445 00:13:37,333 --> 00:13:44,633 YOU ABOUT HOW 2016 FOR THE CTA, 446 00:13:41,566 --> 00:13:46,566 WAS RIDERSHIP UP? 447 00:13:43,500 --> 00:13:48,200 >> RIDERSHIP WAS DOWN BOTH ON 448 00:13:44,633 --> 00:13:49,800 RAIL AND BUS BUT WE CONTINUE TO 449 00:13:46,566 --> 00:13:51,666 MAKE INVESTMENTS IN IT AND WE 450 00:13:48,200 --> 00:13:54,500 THINK WE ARE DOING THINGS THAT 451 00:13:49,800 --> 00:13:56,433 WILL BRING BACK RIDERS. 452 00:13:51,666 --> 00:13:57,666 WE'VE GOT 4G ON THE RAIL STATION 453 00:13:54,500 --> 00:14:00,866 WE'RE GOING TO CONTINUE TO 454 00:13:56,433 --> 00:14:01,700 INVEST AND PARTS OF THE CITY WE 455 00:13:57,666 --> 00:14:02,966 ARE SEEING INCREASES BUT OVERALL 456 00:14:00,866 --> 00:14:04,900 RIDERSHIP WAS DOWN. 457 00:14:01,700 --> 00:14:06,566 >> HOW MUCH DOWN WAS IT? 458 00:14:02,966 --> 00:14:08,733 >> I DON'T HAVE THE PERCENTAGE 459 00:14:04,900 --> 00:14:09,100 OFFHAND I CAN GET THAT TO YOU. 460 00:14:06,566 --> 00:14:09,500 >> AND DO YOU HAVE IDEAS WHY IT 461 00:14:08,733 --> 00:14:10,933 HAPPENED? 462 00:14:09,100 --> 00:14:12,866 COSTS? 463 00:14:09,500 --> 00:14:15,000 >> I THINK IT'S COMPETITION. 464 00:14:10,933 --> 00:14:16,866 I MEAN TO BE HONEST WITH YOU, I 465 00:14:12,866 --> 00:14:19,500 THINK UBER AND LYFT, I THINK 466 00:14:15,000 --> 00:14:21,300 HAVE COME INTO THE MARKET AND I 467 00:14:16,866 --> 00:14:22,900 THINK THAT YOU KNOW THAT HAS 468 00:14:19,500 --> 00:14:24,966 PROBABLY CAUSED SOME -- 469 00:14:21,300 --> 00:14:28,066 ONE OF THE REASONS WE HAVE SEEN 470 00:14:22,900 --> 00:14:32,266 A DROP OFF IN RIDERSHIP. 471 00:14:24,966 --> 00:14:34,200 >> GIVEN THAT YOUR RIDERSHIP IS 472 00:14:28,066 --> 00:14:35,666 DOWN, DOES IT MAKE SENSE TO HAVE 473 00:14:32,266 --> 00:14:37,766 THESE AMBITIOUS EXPANSION PLANS 474 00:14:34,200 --> 00:14:38,266 WHEN THE RIDERSHIP DOES NOT SEEM 475 00:14:35,666 --> 00:14:39,300 TO BE THERE? 476 00:14:37,766 --> 00:14:41,600 >> ABSOLUTELY. 477 00:14:38,266 --> 00:14:43,333 ONE OF THE THINGS WE HAVE BEEN 478 00:14:39,300 --> 00:14:43,733 ABLE TO SEE IS AN INVESTMENT IN 479 00:14:41,600 --> 00:14:46,166 TRANSIT IS AN INVESTMENT IN THE 480 00:14:43,333 --> 00:14:47,666 COMMUNITY. 481 00:14:43,733 --> 00:14:50,033 AND YOU LOOK AT THE NUMBER OF 482 00:14:46,166 --> 00:14:51,100 JOBS THAT GET CREATED. 483 00:14:47,666 --> 00:14:53,333 AND YOU LOOK AT THE MORGAN 484 00:14:50,033 --> 00:14:54,066 STREET STATION LESS THAN THREE 485 00:14:51,100 --> 00:14:55,633 YEARS OF BEING IN PLACE OVER ONE 486 00:14:53,333 --> 00:14:57,133 MILLION RIDERS. 487 00:14:54,066 --> 00:14:58,833 AND YOU LOOK WHAT WE HAVE 488 00:14:55,633 --> 00:14:59,700 INVESTED ON THE SOUTH SIDE.