WEBVTT

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SONGWRITER ROBBIE FULKS ON HIS

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FIRST TIME GRAMMY NOMINATIONS.

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FIRST, EDDIE ARRUZA AND

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ARCHBISHOP TRANSPORTATION PLANS

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FOR CHICAGO.

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>> PHIL, MAYOR EMANUEL SAYS HE

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WANTS TO RESURRECT THE LONG PLAN

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TO CONSTRUCT THE HIGH SPEED RAIL

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LINE BETWEEN THE LOOP AND

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O'HARE.

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HE ALSO ANNOUNCED THE

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CONSTRUCTION OF A NEW CTA GREEN

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LINE STATION NEAR THE UNITED

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CENTER.

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TWO OF THE PROJECTS HE TOUTED

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TODAY.

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BUT FUNDING AND LOGISTICS REMAIN

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OBSTACLES.

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>> THE PROJECTS WE'VE PLANNED WE

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HAVE PLANNED IN THE NEXT THREE

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YEARS WILL CREATE OVER 40,000

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MORE JOBS BUILDING A NEW

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CHICAGO.

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[APPLAUSE]

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>> AND JOINING US TO TONIGHT

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PROVIDE DETAILS ABOUT THE FUTURE

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OF CHICAGO'S INFRASTRUCTURE PLAN

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ARER TERRY PETERSON CHAIRMAN OF

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THE CHICAGO TRANSIT BOARD,

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JONATHAN LEACH MANAGING DIRECTOR

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OF THE DEPARTMENT OF DEPARTMENT

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OF AVIATION AND REBEKAH

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SCHEINFELD THE COMMISSIONER OF

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THE CHICAGO DEPARTMENT OF

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TRANSPORTATION.

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THE HIGH SPEED RAIL HAS BEEN ON

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THE WISH LIST IS THERE REASON TO

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BELIEVE THAT IT CAN GET UNDERWAY

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NOW?

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>> ABSOLUTELY.

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IF YOU TAKE A LOOK AT JUST GOING

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BACK WHEN THE MAYOR SAID HE WAS

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GOING TO MAKE CTA A PRIORITY AND

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FAST FORWARD HAS HE DELIVERED ON

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THAT?

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SINCE 2011, YOU KNOW, THE MAYOR,

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CTA HAS EITHER FINISHED, BEGUN

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OR ANNOUNCED OVER $8 BILLION IN

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PROJECTS AROUND THE CITY.

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>> WHAT IS THE TANGIBLE EVIDENCE

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THAT THIS HIGH SPEED RAIL CAN

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GET UNDERWAY?

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>> WHEN THE MAYOR SAYS HE IS

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GOING TO DELIVER ON SOMETHING, I

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THINK THE RECORD HAS BEEN PROVE

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ESPECIALLY OVER THE PAST FIVE

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YEARS THAT HE DELIVERS.

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IF YOU LOOK AT WHAT

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BILLION PROJECT.

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IF YOU LOOK AT THE RECORD OVER

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THE PAST FIVE YEARS IN TERMS OF

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HIS COMMITMENT TO TRANSIT IF HE

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SAYS HE IS GOING TO DO IT HE

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DELIVERED ON THAT.

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>> JONATHAN LEACH WHAT IS O'HARE

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AIRPORT'S ROLE IN GETTING THIS

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DONE?

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>> WITH THE REDEVELOPMENT OF THE

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TERMINALS IT MAKES SENSE AT THIS

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TIME TO LOOK FOR AN IDEAL

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LOCATION TO PLACE IT AT O'HARE

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SO THE OPPORTUNITY EXISTS RIGHT

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NOW TO HELP MAKE THAT A REALITY

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BY VIR USE OF THE PLANS WE ARE

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EMBARKING ON TO BUILD GATES AT

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THE AIRPORT.

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>> ARE THE AIRLINES BEING ASKED

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TO PITCH IN ON FUNDING THE

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PROJECT?

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>> NO.

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RIGHT NOW THE FUNDING IS STILL

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TO BE DETERMINED.

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THE FACT THAT WE ARE

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REDEVELOPING THE TERMINALS AND

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PROVIDING AN OPPORTUNITY TO OPEN

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UP SPACE FOR THAT IS WHY IT

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MAKES SENSE TO HAVE THE

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DEPARTMENT OF AVIATION INVOLVED.

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>> REBEKAH SCHEINFELD WHAT IS

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THE CHICAGO DEPARTMENT OF

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TRANSPORTATION'S ROLE IN GETTING

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THIS DONE?

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>> RIGHT NOW IT IS TILL IN A DUE

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DILIGENCE PHASE AND WE ARE

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PLAYING OUR ROLE IN SUPPORTING

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THE DEPARTMENT OF AVIATION AND

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THE MAYOR'S OFFICE AND THE CTA

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AS APPLICABLE AS THE MAYOR MOVES

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THE PROJECT FORWARD AND EXPLORES

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THE APPROPRIATE RIGHT-OF-WAY TO

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ENACT THIS AMBITIOUS PROJECT.

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>> THERE WAS A CTA STATION

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CONSTRUCTED UNDER BLOCK 3710

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YEARS AGO AND IT COST $200

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MILLION AND IT IS STILL

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UNFINISHED AND THAT WAS SUPPOSED

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TO BE THE LOOP HUB FOR THIS

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O'HARE LINK.

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AND NOW THE CHICAGO DEPARTMENT

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OF TRANSPORTATION IS THE

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OVERSEEING AGENCIES OF SOME OF

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THESE NEW CTA STATIONS.

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WILL YOU BE IN CHARGE OF

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RESURRECTING THIS UNFINISHED

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STATION?

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>> THE PROPERTY IS UNDER THE

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AUSPICES OF THE CTA BUT YOU ARE

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RIGHT, THE CHICAGO DEPARTMENT OF

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TRANSPORTATION WORKS WITH THE

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CTA ON BUILDING A SIGNIFICANT

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AMOUNT OF THE RAIL

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INFRASTRUCTURE IN THE CITY AND

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WE ARE PLEASED TO BE DELIVERING

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THAT FOR THE CTA WE BUILT THE

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MORGAN STATION AND McCORMICK

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PLACE AND DOING THE CONSTRUCTION

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ON THE GREEN LINE STATION AT

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DAMON THAT WE ARE PLEASED TO

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ANNOUNCE TODAY.

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>> TERRY PETERSON YOU SAY IF THE

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MAYOR SAYS IT IT WILL GET DONE.

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AT WHAT COST AND WHERE IS THE

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FUNDING COMING FROM?

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>> I SAID MORE THAN THAT THE.

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I SAID IF HE SAYS IT AND YOU

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LOOK AT THE TRACK RECORD HE

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DELIVERED ON THE PROMISES.

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AGAIN AS MENTIONED WE WILL BE

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WORKING AS PARTNERS IN THE

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EFFORT.

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THE MAYOR SAYS THAT HE IS GOING

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TO HAVE SOMEONE COME ONBOARD AND

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LOOK FOR PROPER FUNDING AND

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PUBLIC FUNDING TO GET IT DONE.

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AND HIS TRACK RECORD SPEAKS FOR

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ITSELF.

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IF YOU LOOK AT THE MAJOR

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PROJECTS THE RAIL LINE EXTENSION

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AND THE RED PURPLE MODERNIZATION

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FIVE YEARS AGO WHEN HE SAID HE

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IS GOING TO MAKE INVESTING IN

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TRANSIT A PRIORITY HE HAS DONE

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IT.

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>> ESTIMATE HOW MUCH IT WILL

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COST?

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>> DON'T KNOW.

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>> THERE IS AN ENGINEERING FIRM

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INVOLVED AN THEY HAVE A $2

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MILLION CONTRACT TO IDENTIFY

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ROUTES AND COSTS AND NOW THE

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CITY HIRED A FORMER U.S.

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DEPARTMENT OF TRANSPORTATION

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OFFICIAL BOB RIFKIN TO OFFER

05:25.700 --> 05:30.433 align:start position:10% line:74% size:32.5%
LEGAL ADVICE.

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WHAT IS Mr. RIFKIN AND WHAT

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ADVICE?

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>> BOB HAS A LONG HISTORY IN

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TRANSPORTATION.

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I THINK BOB WAS FORMER GENERAL

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COUNSEL WITH THE DEPARTMENT OF

05:37.833 --> 05:42.400 align:start position:10% line:74% size:37.5%
TRANSPORTATION.

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HE WAS GENERAL COUNSEL WITH

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CHICAGO TRANSIT AUTHORITY HE HAS

05:42.400 --> 05:45.366 align:start position:10% line:74% size:42.5%
A LONG HISTORY IN

05:43.800 --> 05:46.400 align:start position:10% line:74% size:37.5%
TRANSPORTATION.

05:44.300 --> 05:48.800 align:start position:10% line:74% size:55%
>> JONATHAN LEACH THIS

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INFRASTRUCTURE PROPOSAL AND IT

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IS MORE EXPANSIVE AND WE WILL

05:48.800 --> 05:55.400 align:start position:10% line:74% size:77.5%
GET TO THE OTHER ASPECTS BUT IT

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COMES AT A TIME WHEN O'HARE AND

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THE AIRLINES ARE UNDER

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NEGOTIATIONS TO DETERMINE HOW

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MANY MORE GATES WILL COME TO

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O'HARE AND WHO IS GOING TO GET

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THEM.

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THE LEASE ALSO IS UP NEXT YEAR

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IN 2018 OVER WHO IS GOING TO PAY

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FOR WHAT.

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HOW DOES THIS ALL FACTOR INTO

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THE INFRASTRUCTURE PLANS

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ESPECIALLY THE EXPANSION?

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>> IF YOU LOOK AT WHAT WE HAVE

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ACCOMPLISHED WE HAVE OPENED TWO

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NEW RUNWAYS A NEW TRAFFIC

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CONTROL TOWER THAT SAY $2

06:19.366 --> 06:24.566 align:start position:10% line:74% size:47.5%
BILLION INVESTMENT.

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WE HAVE $3 BILLION IN ACTIVE

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PROJECTS AT BOTH O'HARE AND

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MIDWAY.

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WE'VE GOT GREAT RELATIONSHIPS

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WITH ALL OF OUR AIRLINE

06:28.366 --> 06:32.466 align:start position:10% line:74% size:22.5%
PARTNERS.

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WE HAVE 900 MILLION DOLLARS IN

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CONTRACTS GOING OUT ON THE

06:32.466 --> 06:36.833 align:start position:10% line:74% size:42.5%
STREET THIS YEAR.

06:33.766 --> 06:39.100 align:start position:10% line:74% size:77.5%
THAT INVESTMENT IN THE AIRFIELD

06:35.200 --> 06:39.466 align:start position:10% line:74% size:67.5%
IS SETTING UP THE FUTURE OF

06:36.833 --> 06:41.133 align:start position:10% line:74% size:57.5%
O'HARE IN TERMS OF GATE

06:39.100 --> 06:44.500 align:start position:10% line:74% size:25%
EXPANSION.

06:39.466 --> 06:45.600 align:start position:10% line:74% size:72.5%
NOW THAT THE AIRFIELD WILL BE

06:41.133 --> 06:46.733 align:start position:10% line:74% size:77.5%
AMONG THE MOST EFFICIENT IN THE

06:44.500 --> 06:48.300 align:start position:10% line:74% size:52.5%
COUNTRY, WILL BE GATE

06:45.600 --> 06:50.400 align:start position:10% line:74% size:70%
CONSTRAINED AND IT'S TIME TO

06:46.733 --> 06:52.033 align:start position:10% line:74% size:77.5%
LOOK AT INVESTMENT IN THE GATES

06:48.300 --> 06:53.133 align:start position:10% line:74% size:72.5%
AND ALLOCATION FOR ALL OF OUR

06:50.400 --> 06:54.766 align:start position:10% line:74% size:72.5%
AIRLINE PARTNERS NOT ONLY OUR

06:52.033 --> 06:56.266 align:start position:10% line:74% size:62.5%
HUBS BUT EVERYBODY THERE.

06:53.133 --> 06:58.133 align:start position:10% line:74% size:72.5%
>> AND I KNOW YOU CANNOT GIVE

06:54.766 --> 06:59.500 align:start position:10% line:74% size:72.5%
DETAILS WHAT IS GOING ON WITH

06:56.266 --> 07:01.633 align:start position:10% line:74% size:72.5%
THE NEGOTIATIONS, BUT, STILL,

06:58.133 --> 07:02.700 align:start position:10% line:74% size:65%
ARE YOU GOING TO PRESS THE

06:59.500 --> 07:06.133 align:start position:10% line:74% size:80%
AIRLINES TO CHIP IN MORE FOR THE

07:01.633 --> 07:07.866 align:start position:10% line:74% size:45%
EXPANSION AND EVEN

07:02.700 --> 07:10.666 align:start position:10% line:74% size:60%
INFRASTRUCTURE PROJECTS?

07:06.133 --> 07:13.100 align:start position:10% line:74% size:67.5%
>> THE NEGOTIATION WITH THE

07:07.866 --> 07:14.666 align:start position:10% line:74% size:80%
AIRLINES RIGHT NOW INCLUDES THIS

07:10.666 --> 07:16.533 align:start position:10% line:74% size:65%
TERMINAL AREA PLAN THAT WE

07:13.100 --> 07:18.333 align:start position:10% line:74% size:72.5%
ANNOUNCED LAST YEAR AND WE'VE

07:14.666 --> 07:20.133 align:start position:10% line:74% size:70%
MOVED QUITE A BIT ON THAT IN

07:16.533 --> 07:22.333 align:start position:10% line:74% size:55%
TERMS OF LOOKING AT HE

07:18.333 --> 07:25.366 align:start position:10% line:74% size:80%
REDEVELOPMENT OF TERMINAL TWO AS

07:20.133 --> 07:26.166 align:start position:10% line:74% size:70%
A NEW INTERNATIONAL TERMINAL

07:22.333 --> 07:27.700 align:start position:10% line:74% size:75%
FACILITY AND ADDITIONAL GATES.

07:25.366 --> 07:31.200 align:start position:10% line:74% size:75%
>> REBEKAH SCHEINFELD YOU WERE

07:26.166 --> 07:33.300 align:start position:10% line:74% size:67.5%
ON THE PROGRAM NOT LONG AGO

07:27.700 --> 07:36.166 align:start position:10% line:74% size:72.5%
TALKING ABOUT A HOST OF C DOT

07:31.200 --> 07:36.500 align:start position:10% line:74% size:75%
PROJECTS AND ONE WAS THE RETRO

07:33.300 --> 07:39.166 align:start position:10% line:74% size:80%
FIGHTING OF THE STREET LIGHTS IN

07:36.166 --> 07:39.966 align:start position:10% line:74% size:20%
CHICAGO.

07:36.500 --> 07:41.766 align:start position:10% line:74% size:77.5%
AND YOU HAVE DECIDED TO SEND IT

07:39.166 --> 07:42.533 align:start position:10% line:74% size:45%
OUT FORBID AND THE

07:39.966 --> 07:45.666 align:start position:10% line:74% size:80%
INFRASTRUCTURE TRUST IS GOING TO

07:41.766 --> 07:47.333 align:start position:10% line:74% size:32.5%
PAY FOR THIS.

07:42.533 --> 07:49.700 align:start position:10% line:74% size:65%
IN TERMS OF OTHER PROJECTS

07:45.666 --> 07:51.333 align:start position:10% line:74% size:77.5%
ESPECIALLY THESE INFRASTRUCTURE

07:47.333 --> 07:52.700 align:start position:10% line:74% size:77.5%
PROJECTS INVOLVING THE CTA, THE

07:49.700 --> 07:54.766 align:start position:10% line:74% size:62.5%
MAYOR IS SAYING THERE ARE

07:51.333 --> 07:55.166 align:start position:10% line:74% size:65%
PRIVATE INVESTORS FROM ALL

07:52.700 --> 07:56.900 align:start position:10% line:74% size:75%
AROUND THE WORLD INTERESTED IN

07:54.766 --> 07:57.300 align:start position:10% line:74% size:25%
INVESTING.

07:55.166 --> 07:58.500 align:start position:10% line:74% size:75%
CAN YOU TELL US ANYTHING ABOUT

07:56.900 --> 07:59.466 align:start position:10% line:74% size:12.5%
THAT?

07:57.300 --> 08:00.966 align:start position:10% line:74% size:75%
AND HOW MUCH THEY ARE EXPECTED

07:58.500 --> 08:03.566 align:start position:10% line:74% size:35%
TO CONTRIBUTE?

07:59.466 --> 08:05.233 align:start position:10% line:74% size:70%
>> I THINK THE REFERENCE WAS

08:00.966 --> 08:07.466 align:start position:10% line:74% size:80%
TODAY IN RELATION TO THE AIRPORT

08:03.566 --> 08:10.033 align:start position:10% line:74% size:60%
EXPRESS RAIL IN PROTECT.

08:05.233 --> 08:11.266 align:start position:10% line:74% size:77.5%
BUT AS YOU KNOW THE MAYOR HAS A

08:07.466 --> 08:13.900 align:start position:10% line:74% size:55%
STRONG TRACK RECORD OF

08:10.033 --> 08:15.233 align:start position:10% line:74% size:80%
ATTRACTING PRIVATE INVESTMENT IN

08:11.266 --> 08:16.266 align:start position:10% line:74% size:77.5%
THE CITY WHEN IT'S HEADQUARTERS

08:13.900 --> 08:18.133 align:start position:10% line:74% size:52.5%
RELOCATION OR CAPITAL

08:15.233 --> 08:20.366 align:start position:10% line:74% size:27.5%
INVESTMENT.

08:16.266 --> 08:21.900 align:start position:10% line:74% size:62.5%
THE WANDA TOWER BUILDINGS

08:18.133 --> 08:24.700 align:start position:10% line:74% size:80%
DOWNTOWN ON THE RIVER THAT IS $1

08:20.366 --> 08:26.733 align:start position:10% line:74% size:80%
BILLION OF CAPITAL COMING IN AND

08:21.900 --> 08:27.933 align:start position:10% line:74% size:77.5%
A LOT FROM OUTSIDE THE COUNTRY.

08:24.700 --> 08:30.100 align:start position:10% line:74% size:55%
CHICAGO IS A LEADER IN

08:26.733 --> 08:31.166 align:start position:10% line:74% size:75%
ATTRACTING PRIVATE INVESTMENT.

08:27.933 --> 08:33.700 align:start position:10% line:74% size:75%
>> HOW WOULD THAT WORK FOR THE

08:30.100 --> 08:34.033 align:start position:10% line:74% size:30%
O'HARE LINE?

08:31.166 --> 08:35.466 align:start position:10% line:74% size:80%
WHAT WOULD THE INVESTORS WANT IN

08:33.700 --> 08:37.533 align:start position:10% line:74% size:17.5%
RETURN?

08:34.033 --> 08:38.500 align:start position:10% line:74% size:70%
>> I THINK THAT IS SOMETHING

08:35.466 --> 08:41.133 align:start position:10% line:74% size:57.5%
THAT BOB RIFKIN WILL BE

08:37.533 --> 08:42.400 align:start position:10% line:74% size:45%
EXPLORING FURTHER.

08:38.500 --> 08:44.033 align:start position:10% line:74% size:80%
AS WE HAVE DISCUSSED THE IDEA OF

08:41.133 --> 08:45.033 align:start position:10% line:74% size:75%
AN EXPRESS RAIL TO THE AIRPORT

08:42.400 --> 08:46.700 align:start position:10% line:74% size:72.5%
IS SOMETHING THAT HAS COME UP

08:44.033 --> 08:48.966 align:start position:10% line:74% size:37.5%
OVER THE YEARS.

08:45.033 --> 08:50.466 align:start position:10% line:74% size:77.5%
AND IT'S ALWAYS BEEN ENVISIONED

08:46.700 --> 08:51.733 align:start position:10% line:74% size:70%
OF SOMETHING THAT WOULD BE A

08:48.966 --> 08:53.466 align:start position:10% line:74% size:47.5%
GREAT PROJECT FOR A

08:50.466 --> 08:55.100 align:start position:10% line:74% size:75%
PUBLIC-PRIVATE PARTNERSHIP AND

08:51.733 --> 08:56.533 align:start position:10% line:74% size:75%
MINIMIZE TAXPAYER FUNDS AND BE

08:53.466 --> 08:58.033 align:start position:10% line:74% size:72.5%
MORE OF A PRIVATE INVESTMENT.

08:55.100 --> 09:00.700 align:start position:10% line:74% size:75%
>> I'M NOT SURE WHO IS THE ONE

08:56.533 --> 09:04.833 align:start position:10% line:74% size:80%
TO ASK ABOUT THIS QUESTION SINCE

08:58.033 --> 09:06.633 align:start position:10% line:74% size:67.5%
YOU ARE HANDLING THE CTA AT

09:00.700 --> 09:08.566 align:start position:10% line:74% size:75%
LEAST THE WHAT BASH MAD WABASH

09:04.833 --> 09:11.633 align:start position:10% line:74% size:72.5%
MADISON STOP BUT THE RED LINE

09:06.633 --> 09:13.800 align:start position:10% line:74% size:75%
EXTENSION IS PROPOSED NOW DOWN

09:08.566 --> 09:18.033 align:start position:10% line:74% size:72.5%
TO 130TH STREET AND THE GREEN

09:11.633 --> 09:20.033 align:start position:10% line:74% size:70%
LINE STOP L STATION NEAR THE

09:13.800 --> 09:21.533 align:start position:10% line:74% size:77.5%
UNITED CENTER IS SOMETHING NEW.

09:18.033 --> 09:22.733 align:start position:10% line:74% size:72.5%
WHO CAN BE THE SPOKES PERSON.

09:20.033 --> 09:25.566 align:start position:10% line:74% size:57.5%
>> THAT IS ANOTHER GOOD

09:21.533 --> 09:27.133 align:start position:10% line:74% size:57.5%
PARTNERSHIP WITH C DOT.

09:22.733 --> 09:28.200 align:start position:10% line:74% size:80%
>> TELL ME ABOUT THE FUNDING AND

09:25.566 --> 09:29.900 align:start position:10% line:74% size:80%
WHAT BROUGHT ABOUT THE NEW GREEN

09:27.133 --> 09:31.266 align:start position:10% line:74% size:32.5%
LINE STATION?

09:28.200 --> 09:34.133 align:start position:10% line:74% size:77.5%
>> THE ONE AT DAMON LAKE IS THE

09:29.900 --> 09:35.166 align:start position:10% line:74% size:75%
ONE THAT YOU ARE TALKING ABOUT

09:31.266 --> 09:36.933 align:start position:10% line:74% size:77.5%
THAT THE MAYOR ANNOUNCED TODAY.

09:34.133 --> 09:38.700 align:start position:10% line:74% size:60%
ALDERMAN BARNETT AND THE

09:35.166 --> 09:39.000 align:start position:10% line:74% size:80%
COMMUNITY HAS BEEN TALKING ABOUT

09:36.933 --> 09:40.600 align:start position:10% line:74% size:65%
THAT PROJECT FOR ALMOST 15

09:38.700 --> 09:42.166 align:start position:10% line:74% size:15%
YEARS.

09:39.000 --> 09:44.366 align:start position:10% line:74% size:80%
THEY HAVE BEEN TRYING TO GET IT.

09:40.600 --> 09:46.466 align:start position:10% line:74% size:72.5%
RESIDENTS IN THE AREA HAVE TO

09:42.166 --> 09:48.633 align:start position:10% line:74% size:45%
TRAVEL A MILE TO A

09:44.366 --> 09:50.533 align:start position:10% line:74% size:77.5%
MILE-AND-A-HALF TO GET TO RAIL.

09:46.466 --> 09:53.333 align:start position:10% line:74% size:60%
AND SO THE DAY THE MAYOR

09:48.633 --> 09:55.566 align:start position:10% line:74% size:75%
ANNOUNCED IT AND IT'S GOING TO

09:50.533 --> 09:56.966 align:start position:10% line:74% size:77.5%
BE SIMILAR TO THE MORGAN STREET

09:53.333 --> 09:59.800 align:start position:10% line:74% size:72.5%
STATION BETWEEN 40-60 MILLION

09:55.566 --> 10:03.000 align:start position:10% line:74% size:80%
DOLLARS THAT MONEY WILL COME OUT

09:56.966 --> 10:04.900 align:start position:10% line:74% size:45%
OF THE NEARBY TIF.

09:59.800 --> 10:06.466 align:start position:10% line:74% size:77.5%
>> SO WILL IT BE FUNDED BY TIF.

10:03.000 --> 10:08.266 align:start position:10% line:74% size:70%
FUNDS HAVE NOT BEEN SECURED?

10:04.900 --> 10:08.600 align:start position:10% line:74% size:75%
>> THE WAY WE ENDED UP FUNDING

10:06.466 --> 10:09.733 align:start position:10% line:74% size:75%
AND BUILDING THE MORGAN STREET

10:08.266 --> 10:11.033 align:start position:10% line:74% size:20%
STATION.

10:08.600 --> 10:13.033 align:start position:10% line:74% size:77.5%
>> AND HOW MUCH IS THAT STATION

10:09.733 --> 10:15.466 align:start position:10% line:74% size:35%
GOING TO COST?

10:11.033 --> 10:16.766 align:start position:10% line:74% size:67.5%
>> I SAID THE MORGAN STREET

10:13.033 --> 10:18.400 align:start position:10% line:74% size:65%
STATION WAS AROUND $40-$60

10:15.466 --> 10:20.366 align:start position:10% line:74% size:77.5%
MILLION AND THE STATION WE WILL

10:16.766 --> 10:22.433 align:start position:10% line:74% size:70%
BUILD AT DAMON AND LAKE WILL

10:18.400 --> 10:23.200 align:start position:10% line:74% size:77.5%
ALSO BE IN THAT PRICE RANGE AND

10:20.366 --> 10:26.900 align:start position:10% line:74% size:80%
IT WILL BE FUNDED OUT OF THE TIF

10:22.433 --> 10:27.266 align:start position:10% line:74% size:27.5%
NEAR THERE.

10:23.200 --> 10:29.300 align:start position:10% line:74% size:75%
>> AND WHAT ABOUT THE RED LINE

10:26.900 --> 10:29.900 align:start position:10% line:74% size:25%
EXPANSION?

10:27.266 --> 10:32.266 align:start position:10% line:74% size:60%
THAT IS A BOLD PROPOSAL.

10:29.300 --> 10:32.666 align:start position:10% line:74% size:42.5%
>> BOLD PROPOSAL.

10:29.900 --> 10:34.400 align:start position:10% line:74% size:75%
>> AND TELL ME THE FUNDING FOR

10:32.266 --> 10:37.833 align:start position:10% line:74% size:12.5%
THAT?

10:32.666 --> 10:38.866 align:start position:10% line:74% size:77.5%
>> IN TERMS OF THE FUNDING IT'S

10:34.400 --> 10:40.900 align:start position:10% line:74% size:60%
IN OUR BUDGET IN FY17 TO

10:37.833 --> 10:42.766 align:start position:10% line:74% size:75%
CONTINUE THE ENVIRONMENTAL AND

10:38.866 --> 10:44.700 align:start position:10% line:74% size:72.5%
THE ENGINEERING STUDY THAT IS

10:40.900 --> 10:46.666 align:start position:10% line:74% size:72.5%
NEEDED TO KEEP THE PROJECT IN

10:42.766 --> 10:48.433 align:start position:10% line:74% size:77.5%
THE CAN QUEUE MANY AND WE THINK

10:44.700 --> 10:50.066 align:start position:10% line:74% size:70%
THE PROJECT WILL COST AROUND

10:46.666 --> 10:51.166 align:start position:10% line:74% size:77.5%
$2.3 BILLION AND WE CONTINUE TO

10:48.433 --> 10:52.100 align:start position:10% line:74% size:77.5%
MOVE FORWARD AND STAYING IN THE

10:50.066 --> 10:53.966 align:start position:10% line:74% size:70%
PROCESS AND MEETING WITH THE

10:51.166 --> 10:56.633 align:start position:10% line:74% size:80%
DEPARTMENT OF TRANSPORTATION AND

10:52.100 --> 10:57.066 align:start position:10% line:74% size:77.5%
SOME OF WHAT WE WERE ABLE TO DO

10:53.966 --> 10:58.466 align:start position:10% line:74% size:60%
WITH THE RED LINE PURPLE

10:56.633 --> 11:00.666 align:start position:10% line:74% size:35%
MODERNIZATION.

10:57.066 --> 11:03.200 align:start position:10% line:74% size:67.5%
WHEN WE GOT THE LEGISLATION

10:58.466 --> 11:05.633 align:start position:10% line:74% size:80%
THROUGH SPRINGFIELD THE RED LINE

11:00.666 --> 11:07.100 align:start position:10% line:74% size:77.5%
EXTENSION IS INCLUDED SO WE CAN

11:03.200 --> 11:08.833 align:start position:10% line:74% size:72.5%
ALSO TIP THAT AREA WHICH WILL

11:05.633 --> 11:10.133 align:start position:10% line:74% size:67.5%
HELP US TO COME UP WITH THE

11:07.100 --> 11:10.400 align:start position:10% line:74% size:35%
LOCAL FUNDING.

11:08.833 --> 11:12.500 align:start position:10% line:74% size:77.5%
>> WILL THAT BE ENOUGH TO COVER

11:10.133 --> 11:14.833 align:start position:10% line:74% size:7.5%
IT?

11:10.400 --> 11:15.800 align:start position:10% line:74% size:77.5%
AND HOW MUCH ARE YOU RELYING ON

11:12.500 --> 11:17.633 align:start position:10% line:74% size:65%
FEDERAL FUNDS WITH THE NEW

11:14.833 --> 11:18.266 align:start position:10% line:74% size:72.5%
ADMINISTRATION THREATENING TO

11:15.800 --> 11:19.100 align:start position:10% line:74% size:75%
PULL FUNDS TO SANCTUARY CITIES

11:17.633 --> 11:20.200 align:start position:10% line:74% size:32.5%
LIKE CHICAGO?

11:18.266 --> 11:21.533 align:start position:10% line:74% size:72.5%
>> YOU HAVE AN ADMINISTRATION

11:19.100 --> 11:22.566 align:start position:10% line:74% size:52.5%
THAT IS TALKING ABOUT

11:20.200 --> 11:24.600 align:start position:10% line:74% size:77.5%
INFRASTRUCTURE IS GOING TO BE A

11:21.533 --> 11:25.366 align:start position:10% line:74% size:45%
PRIORITY FOR THEM.

11:22.566 --> 11:29.033 align:start position:10% line:74% size:70%
AGAIN, I THINK CHICAGO HAS A

11:24.600 --> 11:30.733 align:start position:10% line:74% size:50%
PROVEN TRACK RECORD.

11:25.366 --> 11:32.533 align:start position:10% line:74% size:77.5%
IF YOU TAKE THE RED LINE PURPLE

11:29.033 --> 11:34.066 align:start position:10% line:74% size:65%
MODERNIZATION PROJECT $1.1

11:30.733 --> 11:34.833 align:start position:10% line:74% size:77.5%
BILLION WE GOT FROM THE FEDERAL

11:32.533 --> 11:37.000 align:start position:10% line:74% size:75%
GOVERNMENT AND COME OUT WITH A

11:34.066 --> 11:37.466 align:start position:10% line:74% size:35%
BILLION MATCH.

11:34.833 --> 11:40.066 align:start position:10% line:74% size:67.5%
>> THAT WAS UNDER THE OBAMA

11:37.000 --> 11:42.266 align:start position:10% line:74% size:37.5%
ADMINISTRATION.

11:37.466 --> 11:44.000 align:start position:10% line:74% size:80%
>> BUT I ALSO KNOW THAT I'VE GOT

11:40.066 --> 11:45.933 align:start position:10% line:74% size:67.5%
A MAYOR WHO SAYS THAT HE IS

11:42.266 --> 11:47.766 align:start position:10% line:74% size:75%
GOING TO GET SOMETHING DONE HE

11:44.000 --> 11:49.666 align:start position:10% line:74% size:77.5%
IS GOING TO WORK ON SOMETHING I

11:45.933 --> 11:51.300 align:start position:10% line:74% size:70%
HAVE FAITH IN HIM THAT HE L.

11:47.766 --> 11:54.100 align:start position:10% line:74% size:70%
>> REBEKAH SCHEINFELD DO YOU

11:49.666 --> 11:55.533 align:start position:10% line:74% size:75%
FEAR THAT FEDERAL FUNDS MY DRY

11:51.300 --> 11:56.633 align:start position:10% line:74% size:70%
UP OR NOT BE AS FORTHCOMING?

11:54.100 --> 11:57.600 align:start position:10% line:74% size:45%
>> I THINK THE NEW

11:55.533 --> 11:58.833 align:start position:10% line:74% size:72.5%
ADMINISTRATION HAS MADE CLEAR

11:56.633 --> 12:01.100 align:start position:10% line:74% size:75%
THAT INFRASTRUCTURE INVESTMENT

11:57.600 --> 12:02.266 align:start position:10% line:74% size:35%
IS A PRIORITY.

11:58.833 --> 12:05.333 align:start position:10% line:74% size:77.5%
THE MAYOR MADE CLEAR THAT HE IS

12:01.100 --> 12:06.633 align:start position:10% line:74% size:72.5%
GOING TO CONTINUE TO STAND UP

12:02.266 --> 12:08.100 align:start position:10% line:74% size:75%
FOR THE VALUES BUT WHERE THERE

12:05.333 --> 12:08.400 align:start position:10% line:74% size:77.5%
ARE OPPORTUNITIES TO PARTNER HE

12:06.633 --> 12:10.366 align:start position:10% line:74% size:72.5%
IS GOING TO TAKE ADVANTAGE OF

12:08.100 --> 12:12.233 align:start position:10% line:74% size:15%
THOSE.

12:08.400 --> 12:13.266 align:start position:10% line:74% size:75%
AND THE LAST FIVE YEARS HE HAS

12:10.366 --> 12:16.066 align:start position:10% line:74% size:80%
BEEN AGGRESSIVE ABOUT MAKING THE

12:12.233 --> 12:18.466 align:start position:10% line:74% size:77.5%
MOST EFFICIENT USE OF THE FUNDS

12:13.266 --> 12:20.100 align:start position:10% line:74% size:80%
WE HAVE AND AGGRESSIVELY SEEKING

12:16.066 --> 12:21.300 align:start position:10% line:74% size:77.5%
AND SECURING COMPETITIVE DOLLAR

12:18.466 --> 12:23.400 align:start position:10% line:74% size:65%
AT THE FEDERAL LEVEL AND I

12:20.100 --> 12:25.100 align:start position:10% line:74% size:65%
EXPECT THAT WILL CONTINUE.

12:21.300 --> 12:26.400 align:start position:10% line:74% size:80%
>> AND THE RIVERWALK FOR EXAMPLE

12:23.400 --> 12:30.933 align:start position:10% line:74% size:77.5%
THAT ONE-FOURTH IS BEING FUNDED

12:25.100 --> 12:33.833 align:start position:10% line:74% size:80%
BY FEDERAL FUNDS OF I BELIEVE IT

12:26.400 --> 12:35.233 align:start position:10% line:74% size:65%
IS A $499 MILLION PROJECT.

12:30.933 --> 12:36.633 align:start position:10% line:74% size:75%
>> $108 MILLION AND ABOUT $100

12:33.833 --> 12:38.366 align:start position:10% line:74% size:57.5%
MILONE FROM THE FEDERAL

12:35.233 --> 12:40.433 align:start position:10% line:74% size:75%
GOVERNMENT A GREAT EXAMPLE HOW

12:36.633 --> 12:41.633 align:start position:10% line:74% size:72.5%
THE MAYOR HAS BEEN AGGRESSIVE

12:38.366 --> 12:42.066 align:start position:10% line:74% size:65%
AND SUCCESSFUL IN SECURING

12:40.433 --> 12:44.333 align:start position:10% line:74% size:45%
CREATIVE FINANCING

12:41.633 --> 12:47.166 align:start position:10% line:74% size:35%
OPPORTUNITIES.

12:42.066 --> 12:49.033 align:start position:10% line:74% size:72.5%
THAT IS A LOAN SECURED BY THE

12:44.333 --> 12:51.500 align:start position:10% line:74% size:60%
REVENUES COMING FROM THE

12:47.166 --> 12:52.366 align:start position:10% line:74% size:72.5%
CONCESSIONS ON THE RIVERWALK.

12:49.033 --> 12:54.133 align:start position:10% line:74% size:80%
>> JONATHAN LEACH LET ME ASK YOU

12:51.500 --> 12:57.700 align:start position:10% line:74% size:72.5%
ABOUT SOMETHING DIFFERENT AND

12:52.366 --> 12:59.500 align:start position:10% line:74% size:80%
THAT HAS TO DO WITH THE PROPOSAL

12:54.133 --> 13:01.233 align:start position:10% line:74% size:70%
BY ALDERMAN TO ARM GUARDS AT

12:57.700 --> 13:03.133 align:start position:10% line:74% size:62.5%
O'HARE IN THE WAKE OF THE

12:59.500 --> 13:04.233 align:start position:10% line:74% size:77.5%
TRAGEDY IN FORT LAUDERDALE WHAT

13:01.233 --> 13:05.366 align:start position:10% line:74% size:75%
DO YOU THINK OF THAT PROPOSAL?

13:03.133 --> 13:07.533 align:start position:10% line:74% size:70%
>> SECURITY IS OF COURSE THE

13:04.233 --> 13:08.366 align:start position:10% line:74% size:65%
NUMBER ONE PRIORITY AT OUR

13:05.366 --> 13:10.666 align:start position:10% line:74% size:52.5%
AIRPORT AND WE HAVE A

13:07.533 --> 13:12.600 align:start position:10% line:74% size:60%
MULTILAYERED APPROACH TO

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SECURITY RIGHT NOW BETWEEN OUR

13:10.666 --> 13:15.266 align:start position:10% line:74% size:67.5%
FEDERAL PARTNERS, STATE AND

13:12.600 --> 13:18.100 align:start position:10% line:74% size:55%
LOCAL LAW ENFORCEMENT.

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THE CHICAGO POLICE DEPARTMENT IS

13:15.266 --> 13:22.133 align:start position:10% line:74% size:80%
OUR LEAD LAW ENFORCEMENT AGENCY.

13:18.100 --> 13:23.366 align:start position:10% line:74% size:75%
IT IS AN EFFECTIVE SYSTEM THAT

13:20.366 --> 13:25.733 align:start position:10% line:74% size:70%
HAS WORKED WITH OUR TERMINAL

13:22.133 --> 13:27.733 align:start position:10% line:74% size:80%
DEVELOPMENT WE ARE GOING TO LOOK

13:23.366 --> 13:28.133 align:start position:10% line:74% size:70%
FOR NEW OPPORTUNITIES TO PUT

13:25.733 --> 13:30.933 align:start position:10% line:74% size:67.5%
SECURITY INFRASTRUCTURE AND

13:27.733 --> 13:33.233 align:start position:10% line:74% size:27.5%
TECHNOLOGY.

13:28.133 --> 13:34.666 align:start position:10% line:74% size:75%
>> SHOULD THE GUARDS BE ARMED?

13:30.933 --> 13:36.100 align:start position:10% line:74% size:70%
DO YOU HAVE THOUGHT ON THAT.

13:33.233 --> 13:37.333 align:start position:10% line:74% size:77.5%
>> WE HAVE CHICAGO POLICE THERE

13:34.666 --> 13:41.566 align:start position:10% line:74% size:37.5%
THAT HAVE GUNS.

13:36.100 --> 13:43.500 align:start position:10% line:74% size:80%
>> AND TERRY PETERSON LET ME ASK

13:37.333 --> 13:44.633 align:start position:10% line:74% size:77.5%
YOU ABOUT HOW 2016 FOR THE CTA,

13:41.566 --> 13:46.566 align:start position:10% line:74% size:42.5%
WAS RIDERSHIP UP?

13:43.500 --> 13:48.200 align:start position:10% line:74% size:72.5%
>> RIDERSHIP WAS DOWN BOTH ON

13:44.633 --> 13:49.800 align:start position:10% line:74% size:77.5%
RAIL AND BUS BUT WE CONTINUE TO

13:46.566 --> 13:51.666 align:start position:10% line:74% size:72.5%
MAKE INVESTMENTS IN IT AND WE

13:48.200 --> 13:54.500 align:start position:10% line:74% size:75%
THINK WE ARE DOING THINGS THAT

13:49.800 --> 13:56.433 align:start position:10% line:74% size:57.5%
WILL BRING BACK RIDERS.

13:51.666 --> 13:57.666 align:start position:10% line:74% size:80%
WE'VE GOT 4G ON THE RAIL STATION

13:54.500 --> 14:00.866 align:start position:10% line:74% size:65%
WE'RE GOING TO CONTINUE TO

13:56.433 --> 14:01.700 align:start position:10% line:74% size:77.5%
INVEST AND PARTS OF THE CITY WE

13:57.666 --> 14:02.966 align:start position:10% line:74% size:80%
ARE SEEING INCREASES BUT OVERALL

14:00.866 --> 14:04.900 align:start position:10% line:74% size:47.5%
RIDERSHIP WAS DOWN.

14:01.700 --> 14:06.566 align:start position:10% line:74% size:60%
>> HOW MUCH DOWN WAS IT?

14:02.966 --> 14:08.733 align:start position:10% line:74% size:75%
>> I DON'T HAVE THE PERCENTAGE

14:04.900 --> 14:09.100 align:start position:10% line:74% size:75%
OFFHAND I CAN GET THAT TO YOU.

14:06.566 --> 14:09.500 align:start position:10% line:74% size:77.5%
>> AND DO YOU HAVE IDEAS WHY IT

14:08.733 --> 14:10.933 align:start position:10% line:74% size:22.5%
HAPPENED?

14:09.100 --> 14:12.866 align:start position:10% line:74% size:15%
COSTS?

14:09.500 --> 14:15.000 align:start position:10% line:74% size:70%
>> I THINK IT'S COMPETITION.

14:10.933 --> 14:16.866 align:start position:10% line:74% size:77.5%
I MEAN TO BE HONEST WITH YOU, I

14:12.866 --> 14:19.500 align:start position:10% line:74% size:70%
THINK UBER AND LYFT, I THINK

14:15.000 --> 14:21.300 align:start position:10% line:74% size:77.5%
HAVE COME INTO THE MARKET AND I

14:16.866 --> 14:22.900 align:start position:10% line:74% size:70%
THINK THAT YOU KNOW THAT HAS

14:19.500 --> 14:24.966 align:start position:10% line:74% size:57.5%
PROBABLY CAUSED SOME --

14:21.300 --> 14:28.066 align:start position:10% line:74% size:77.5%
ONE OF THE REASONS WE HAVE SEEN

14:22.900 --> 14:32.266 align:start position:10% line:74% size:60%
A DROP OFF IN RIDERSHIP.

14:24.966 --> 14:34.200 align:start position:10% line:74% size:77.5%
>> GIVEN THAT YOUR RIDERSHIP IS

14:28.066 --> 14:35.666 align:start position:10% line:74% size:80%
DOWN, DOES IT MAKE SENSE TO HAVE

14:32.266 --> 14:37.766 align:start position:10% line:74% size:77.5%
THESE AMBITIOUS EXPANSION PLANS

14:34.200 --> 14:38.266 align:start position:10% line:74% size:80%
WHEN THE RIDERSHIP DOES NOT SEEM

14:35.666 --> 14:39.300 align:start position:10% line:74% size:30%
TO BE THERE?

14:37.766 --> 14:41.600 align:start position:10% line:74% size:35%
>> ABSOLUTELY.

14:38.266 --> 14:43.333 align:start position:10% line:74% size:75%
ONE OF THE THINGS WE HAVE BEEN

14:39.300 --> 14:43.733 align:start position:10% line:74% size:77.5%
ABLE TO SEE IS AN INVESTMENT IN

14:41.600 --> 14:46.166 align:start position:10% line:74% size:77.5%
TRANSIT IS AN INVESTMENT IN THE

14:43.333 --> 14:47.666 align:start position:10% line:74% size:25%
COMMUNITY.

14:43.733 --> 14:50.033 align:start position:10% line:74% size:72.5%
AND YOU LOOK AT THE NUMBER OF

14:46.166 --> 14:51.100 align:start position:10% line:74% size:55%
JOBS THAT GET CREATED.

14:47.666 --> 14:53.333 align:start position:10% line:74% size:65%
AND YOU LOOK AT THE MORGAN

14:50.033 --> 14:54.066 align:start position:10% line:74% size:75%
STREET STATION LESS THAN THREE

14:51.100 --> 14:55.633 align:start position:10% line:74% size:80%
YEARS OF BEING IN PLACE OVER ONE

14:53.333 --> 14:57.133 align:start position:10% line:74% size:37.5%
MILLION RIDERS.

14:54.066 --> 14:58.833 align:start position:10% line:74% size:62.5%
AND YOU LOOK WHAT WE HAVE

14:55.633 --> 14:59.700 align:start position:10% line:74% size:67.5%
INVESTED ON THE SOUTH SIDE.