Showing posts with label point finances. Show all posts
Showing posts with label point finances. Show all posts

Sunday, February 13, 2011

Hairston Fail #1: The Point Collapse

posted by chicago pop


HAIRSTON FAIL #1:

Early in her tenure, Fifth Ward Alderman Leslie Hairston lost control of negotiations over the repair of a crucial and decaying stretch of lakefront, and ultimately lost $24 million in federal funding to fix it. Her lack of leadership led to the eventual rejection of the Compromise Plan of 2003 -- the best chance for a solution that met the demands of modern engineering and reasonable community input. Hairston was intimidated by a vocal group of activists and the plan was dropped in 2005.

Since then, funding has evaporated.

The lake shore revetment that surrounds what Hyde Parkers affectionately refer to as "The Point" is rotting. Every winter it is hammered by ferocious waves so that its once level and tiered limestone blocks (ca. 1920s-1930s) sink in a ragged jumble even further into Lake Michigan, and the steel and timber crib that originally held them all together juts out ever more visibly. The soil of Promontory Point itself is slowly eroding around the edges.

This is not how Promontory Point was intended to be. It may look nice from a distance and in fuzzy watercolor paintings, but it is incontrovertibly and dangerously dilapidated. It must be rebuilt. Its current condition is a danger to public safety, a disgrace to the Chicago Park District, and the fact that it was not fixed in the early 2000's is the most conspicuous HAIRSTON FAIL.

Wednesday, March 25, 2009

Federal Earmarks Include Promontory Point

posted by Elizabeth Fama

There was an interesting nugget you might have missed in the Tribune last week -- a piece of news that's pertinent to Hyde Park. It was about the earmarks slated for Illinois in the $410 billion Federal spending package approved on Monday, March 16, by the Senate. (There's a detailed breakdown of all the Illinois pork here.)

Apparently, four million dollars will go to the City of Chicago's Shoreline Project "for reconstruction consistent with a Project Cooperation Agreement" (which probably refers to the Memorandum of Agreement between the City, Park District, and Army Corps of Engineers).

The interesting take for me on this bit of news is: what the heck will $4 million cover? It'll fund maybe one study and one community meeting, that's what. Do you think that's what they intended the money for? Is it going to cover Horace Foxall's third-party review?


The erosion of soil under a section of revetment (seen at the top of this post) likely weakened the root structure of this tree at Promontory Point.

To get a better perspective on how insignificant four million dollars is, consider this: the Shoreline Project covers eight miles. Of these eight, 5.8 miles are completed. So far the total bill has been $354 million. Of that total, $192 million were Federal dollars.

Correct me if I'm wrong, but if the construction costs are the same (meaning no fancy limestone or nothin') to fix the remaining shoreline, the Feds would have to kick in $72.8 million, and the City would have to contribute $61.5 million. With numbers like those, four million is a rounding error.

(I just threw this one in to remind you how sweet it is that it's spring.)