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Chicago’s Skyway Lease, From the Documents: $1.83 Billion Up Front in 2005, Two of Three Reserve Funds Drawn Near Zero by 2016, and $1.44 Billion Still Being Counted Through 2103
The Skyway lease from the city’s posted documents and the owners’ own filings: $1.83 billion up front in January 2005 for 99 years, $446.3 million of it refunding Skyway bonds; three reserve…
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