CHICAGO — An interim board overseeing Chicago’s convention center authority yesterday recommended Illinois lawmakers overhaul the agency to help bring down convention and trade show costs and ease mounting financial pressures through a debt restructuring plan.

“These changes could enhance Chicago’s ability to win and retain convention and trade show business. But I want to be clear: the interim board is not recommending new tax revenue or operating subsidies for McCormick Place. Its approach is to reallocate projected savings from debt restructuring to cut costs to customers and balance the MPEA budget,” Metropolitan Pier and Exposition Authority interim board chairman John S. Gates Jr. said in a statement.

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