Jeremy Segal - RebelPundit.comChallenger Blasts Rahm For Giving Hotel Giant Marriott $55 Mil in TIF Funds Marie Dennis December 22, 2014 News, Rebel Pundit Mayoral Candidate, Alderman Bob Fioretti, held a press conference to condemn Mayor Rahm Emanuel for giving the Marriott Corporation $55 million in TIF funds for a new hotel. Progress Illinois reports that Fioretti has called for a temporary halt to any new TIFs. The alderman, if elected, “will call for an immediate moratorium on any new TIFs” as well as an independent audit of the program. Among other ideas, Fioretti says he would declare a surplus of unallocated TIF funds, with the money used “to reopen our mental health clinics, shore up some of our school budgets, turn some of the closed schools into community centers that drive economic development and begin meaningful neighborhood economic development programs.” Emanuel has long been accused of using the TIF program as a slush fund. Fioretti is one of nine candidates challenging Emanuel in the February 24th election. Leave a Reply Cancel ReplyYour email address will not be published.CommentName* Email* Website Save my name, email, and website in this browser for the next time I comment. Currently you have JavaScript disabled. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. Click here for instructions on how to enable JavaScript in your browser. Notify me of follow-up comments by email. Notify me of new posts by email.