UNC E-News, October 28, 2008
Wilson Yard: Desperate Times & Desperate Measures
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Wilson Yard has taken another drastic turn with the recent amended changes quickly shoved through by the Finance Committee and City Council in early October. In an apparent violation of the Illinois Open Meetings Act, Alderman Burke, head of the Finance Committee, snuck through another amendment to the Wilson Yard development. Burke, who's law firm represents both Holsten Real Estate and Walsh Construction, recused himself from voting.
The major change in this amendment gives Peter Holsten, the lone developer and owner of the Wilson Yard low income housing, access to millions of taxpayers money with little accountability. The City gives up the right to stop paying Holsten if he defaults on deadlines and construction. In other words, the taxpayers assume the financial burden and Holsten is not held accountable.
The single, most critical, change is shifting the risk from the developer to the taxpayer. This step transforms the Wilson Yard project into a $52 million public works project funded by taxpayers. Visit www.uptownupdate.com for more detail.
Wilson Yard Lawsuit coming soon
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Fix Wilson Yard will be filing a lawsuit against the City within the next 30 days for several violations surrounding the Wilson Yard TIF development. The City has been notified of this pending lawsuit. We believe that the recent activity by the City and Holsten is a response to the strength of our pending lawsuit and power shown by Uptown residents who believe we deserve a better plan that truly addresses our community's economic future.
UNC will continue to work for Uptown's sensible balanced economic development and support the Fix Wilson Yard organization lawsuit.
Fix Wilson Yard Petition--Sign & Forward Now!
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The original Wilson Yard petition was created by UNC in 2004. It was huge success, garnering over 3,000 signatures. A new petition has been written to reflect the current Wilson Yard development. Fix Wilson Yard has drafted a new petition and needs your signatures and those of your friends, family and neighbors throughout Chicago! Please click here, to sign the petition. Please forward this petition to other concerned Chicagoans and help reach our goal of 5,000 signatures.
The Power of Your Vote in this Election
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The election ballot contains two obscure TIF referendums on pages 15-16. The referendums appear in only few precincts that ironically mirror the Wilson Yard boundaries. They appear under the heading Public Questions, read them very carefully and be sure to vote.
The first referendum is cleverly worded asking if 40% of TIF funds should be used for preserving, buying and adding more affordable housing. Most people who live in Uptown understand we do an outstanding job of providing affordable housing and deserve more opportunities to shop and dine in our neighborhood, enjoy better park programs and facilities, and restore the Wilson El Station.
The second referendum asks if businesses receiving TIF money should be required to hire local residents and pay them a living wage.
Politicans & Your Political Power
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You will also be voting for three political offices whose districts include the Wilson Yard development. Please take a few minutes to write to the current elected officials and ask them to support a better plan for Wilson Yard:
State Senator Heather Steans, heather@heathersteans.com
State Representative Greg Harris, greg@gregharris.org
Congresswoman Jan Schakowsky, www.house.gov/schakowsky/email.org
Join & Support Your Community Organizations
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Thanks to the immense grass-roots movement of organizations like Uptown Neighborhood Council and Fix Wilson Yard, Uptown's economic future looks brighter. Please join and support our work. To learn more about the history and UNC's community efforts on behalf of Wilson Yard, visit www.uncchicago.org and click on the Wilson Yard link. Please visit www.fixwilsonyard.org to learn more about the lawsuit project and how you can get involved.
Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, that's all that ever has.
UNC thanks you for your support!