CHICAGO — Chicago’s proposed new use agreement with Midway International Airport’s airlines calls for more than $1 billion in capital and maintenance spending over its 15-year term as the city continues to weigh whether to privatize operations.

Chicago Mayor Rahm Emanuel submitted the proposed use agreement and facilities lease with Southwest Airlines Co., Delta Air Lines Inc. Porter Airlines Inc. and other operators at Midway to the City Council at its meeting Wednesday. It will be reviewed by the council’s Aviation Committee.

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