Chicago Mayor Debates Leasing Midway Airport
Mayor Richard M. Daley’s administration is considering whether to privatize Midway International Airport, a city official said.
Dana Levenson, the city’s chief financial officer, said the move was a possibility as the city looked for ways to raise cash without increasing taxes.
Levenson said either all or part of Midway could eventually be leased to a private operator. Such a deal would take years to complete.
A proposal in the Legislature would make the action possible by maintaining Midway’s property tax-exempt status, said bill sponsor Sen. Don Harmon.
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