CHICAGO (AP) — The Chicago City Council has signed off on part of the plan to build the Obama Presidential Center in a park on the city’s South Side.
The council on Wednesday unanimously approved a plan to allow the Obama Foundation to occupy the buildings that will make up the center.READ MORE: Investigators Raid Three Locations Of Parlor Pizza Restaurant
The city will lease the land in Jackson Park on which it will be built for 99 years for a one-time token payment of $10.
The vote doesn’t clear the way for construction of the $500 million center. The foundation still must do things like complete a federal review process before construction can start.READ MORE: 'John Doe' Who Accused Former Blackhawks Video Coach Brad Aldrich Of Sexual Abuse Identifies Himself As Kyle Beach
Also, the project is threatened by a federal lawsuit from a group that’s against building the center in a public park.
In a video released by the foundation after the vote, Obama thanked the City Council for approving the deal.MORE NEWS: CBS 2 Money Insiders: October 2021
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