I was reading the blog of Merle Widmer, the Vice Chairman of the Peoria County Board.

In writing about how local unions want construction started on a museum for which money is not in the bank, retired businessman Widmer writes,

“My dealings over the years with bankers who ask you how much you have in the ‘bank’ means CASH, not promises.”

That made me think of the “commitments” that two potential funding sources for the McHenry County SportsPlex that is proposed to be in Lakewood at the intersection of Routes 47 and 176.

Read them carefully and I think you will agree that neither gets past the promise stage.

Commitment letter for $27 million for McHenry County SportsPlex.

EB-5 letter of commitment for $27 million for the McHenry County SportsPlex.

Maybe, “maybe ‘promise’” stage would be a more accurate description of the commitments.