CHICAGO - Mayor Richard Daley of Chicago announced yesterday a development plan for the city's two airports that could total nearly $2 billion and will include the use of bonds.

Speaking at a press conference, the mayor said because plans to build a new airport in the so-called Lake Calumet area of the city's southeast side are "dead, dead, dead," Chicago would now turn its attention to improving O'Hare International and Midway airports.

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