$55.6 million O’Hare cargo project bond package advances with bolstered minority participation

posted on 27th January 2021 by Parveen Raja
$55.6 million O’Hare cargo project bond package advances with bolstered minority participation

But it sailed through the Finance Committee on Monday after Aeroterm Vice President Greg Russell testified about the minority-owned firms that will be part of the construction work.

Russell also said Aeroterm has agreed to pay damages if the company doesn’t hire enough Chicagoans to work on the project.

Council Black Caucus Chairman Ald. Jason Ervin, 28th, thanked Russell for addressing the problems.

The full City Council will consider the bond deal Wednesday.

image: Workers prepare to unload a Boeing 747-400 at O’Hare International Airport on April 22, 2019. (Antonio Perez / Chicago Tribune)