![]() It is the site of the creation of the first standardized futures contracts, issued by the Chicago Board of Trade, which today is part of the largest and most diverse derivatives market in the world, generating 20% of all volume in commodities and financial futures alone. Ĭhicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. Chicago made noted contributions to urban planning and zoning standards, including new construction styles (such as, Chicago School architecture, the development of the City Beautiful Movement, and the steel-framed skyscraper). The construction boom accelerated population growth throughout the following decades, and by 1900, less than 30 years after the fire, Chicago was the fifth-largest city in the world. ![]() Even after 1871, when the Great Chicago Fire destroyed several square miles and left more than 100,000 homeless, Chicago's population grew to 503,000 by 1880 and then doubled to more than a million within the decade. It grew rapidly in the mid-19th century by 1860, Chicago was the youngest U.S. On the shore of Lake Michigan, Chicago was incorporated as a city in 1837 near a portage between the Great Lakes and the Mississippi River watershed. county), is the center of the Chicago metropolitan area, one of the largest in the world. Chicago, the county seat of Cook County (the second-most populous U.S. ![]() With a population of 2,746,388 in the 2020 census, it is the most populous city in the Midwestern United States. state of Illinois, and the third-most populous in the United States, following New York City and Los Angeles. The FHWA's ER program provides funding for highways and bridges damaged by natural disasters or catastrophic events.Chicago ( / ʃ ɪ ˈ k ɑː ɡ oʊ/ ( listen) shih- KAH-goh, locally also / ʃ ɪ ˈ k ɔː ɡ oʊ/ shih- KAW-goh) is the most populous city in the U.S. This initial “quick release” payment is considered a first installment on costs of making short-term repairs now which can make long-term repair work possible in the weeks ahead, which are estimated to top $15 million in Wisconsin. “We want to make sure we do everything we can to help repair and reopen roads quickly and safely.” “These emergency funds will be key to allowing the people of Wisconsin to expedite repairs in the impacted areas,” said Federal Highway Administrator Gregory Nadeau. Through the Forest Service, $900,000 will be allocated for the Chequamegon-Nicolet National Forest in Wisconsin with an additional $100,000 for the adjacent Ottawa National Forest in Michigan to address road damage in the national forests. The Bureau of Indian Affairs, will be awarded $500,000 to repair roads and bridges on the Bad River Reservation of the Bad River Band of Lake Superior Chippewa Indians in Wisconsin, including numerous culverts and the Kakagon Bridge. In addition, FHWA’s Emergency Relief for Federally Owned Roads Program (ERFO) will provide immediate assistance to address damage to roads of tribal transportation facilities and other federally owned roads. The work will include repairs to roadway embankments and multi-use paths. Wisconsin will receive $2.75 million to stabilize roads to prevent further damage and set up detours until permanent repairs are completed on federal-aid highways. Many roads may remain closed for weeks with detours posted, including Highway 13 in Ashland, sections of Highway 63 in Bayfield, parts of Highways 122 and 169 in Iron and Highway 35 in Burnett. ![]() More than a dozen roads remain washed out in the counties of Ashland, Bayfield, Burnett, Douglas, Iron, Price, Sawyer and Washburn. Scott Walker declared a state of emergency in the northern part of the state after storms caused flooding in eight counties. “The Department has put the reopening of critical transportation links in northern Wisconsin at the top of the priority list,” said Secretary Foxx. “With many communities cut off from vital necessities and services, we know the situation there is dire.” Transportation Secretary Anthony Foxx today announced the immediate availability of $4.15 million in Emergency Relief (ER) funds from the Federal Highway Administration (FHWA) to help repair roads and bridges damaged by heavy rains and subsequent flash flooding in northern Wisconsin. Additional $100,000 for Michigan National Forest Roads
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