Chicago skyway investors unfazed by legal challenge to toll structure

Williamson, Tammy
February 1998
Bond Buyer;02/19/98, Vol. 323 Issue 30334, p36
Trade Publication
Reports that Chicago, Illinois Skyway investors are not bothered by a citizen's lawsuit to force Chicago to defease some Skyway toll-backed municipal bonds it used to pay for non-bridge capital projects. Charges of illegal use of Skyway revenue bond proceeds for non-Skyway projects; Plaintiffs' pursuit of a refund of toll money and refund of the 1996 bonds.


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