As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WASHINGTONEXAMINER.COM:
Chicago’s Committee on Zoning, Landmarks, and Building Standards voted Tuesday to approve permits for the Obama Presidential Center on historic park land on the city’s South Side.
All but one member of the 10 present at the hearing voted in support of the $500 million private project, which started out two years ago as a library and has since morphed into a “center” equivalent to the height of a 23-story building.
Alderman David Moore voted against the proposal due to financial concerns that were not alleviated prior to the hearing.
The article goes on to state the following:
Terms of the lease between the city and Obama Foundation have not been released, but it is likely only a token amount of rent to be charged.
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