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 funds whose schedules show two drawn to $134,000 and $4,000 by 2016; $11,977,992 in deal fees; and $1,441,818,000 still unrecognized at the end of 2025, counted $18.5 million a year through 2103. Control of the concessionaire has changed twice; the city's record stops at 2016.









