West Dundee Ice Rink Non-Profit had “No Skin in the Game,” Will MCC Health Club Operator?

The Illinois Finance Authority sold tax exempt bonds for the Leaf’s Hockey Club in West Dundee in 2007. Almost $20 million worth “with no equity at risk,” reports Crane’s Chicago Business. In this case, the bondholders are left holding the … Continue reading

Lake Barrington Sports Complex Might Provide Template for Lakewood’s

“State’s largest indoor sports complex set to open in Lake Barrington“ was the headline in the Daily Herald October 27, 2008. The story reported on a Lake Barrington field house that–at 175,000 square feet–would be the largest in the state. … Continue reading