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The $500 million development will include two residential towers and work on the long-awaited DuSable Park as well as plans to extend the Chicago Riverwalk.
Ald. Matt Martin (47th) wants to start small, with a public financing program confined to candidates for City Council. That limits the cost to roughly $10 million over four years.
Prospective candidates took turns presenting their piles of papers for counting; officials had to confirm at least 1,000 signatures before they could be submitted. Candidates have until 5 p.m. next Monday to file.
Napoleon Harris III, chairman of the Illinois Senate's Insurance Committee for several years, recently became an "investor" with insurance brokers in Chicago's southwest suburbs. He denies any conflict of interest.