The Sun-Times reported Thursday that state lawmakers are drafting a ‘bill of rights’ for exhibitors at McCormick Place to convince them to keep their business in Chicago, and allowing McCormick to refinance its debt, reducing its annual costs by $40 million.
The refinancing will allow McCormick to reduce its rent charges to exhibitors, and the bill of rights could possibly include allowing exhibitors to hire their own electricians and bring in their own food. Food and electricians are two high-cost items at McCormick that has gained a lot of publicity in the past year. More.
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