CHICAGO — New members of a revamped Illinois Sports Facilities Authority board took their seats late last week, tasked with the challenge of easing the pressure on Chicago taxpayers to make up for potential shortfalls in hotel tax revenues used to repay $400 million of Soldier Field renovation bonds.

Mayor Rahm Emanuel, who included two public finance banking professionals among his three appointments, on Thursday responded to published reports that the authority required $1.1 million in city income taxes to make up a shortfall in fiscal 2011 hotel revenue that serve as the primary repayment source.

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