A 1998 budget was presented to the Board of Directors in February and revisions were made. As noted in the Presidents letter, the Museum Project must now be done in stages. We need to continue to raise funds in order to complete the project and develop the inside of the facility.
During the last six months we have been following the progress of our application for a Property Tax Exemption for the Museum. In the process we have received support via resolutions from the Boards of Cook County, the Chicago Park District, the Board of Education, the Cook County Forest Preserve District, the City Colleges, the Water Reclamation District and the City Council of the City of Chicago. Thanks to Alderman Patrick O'Connor for his introduction of the first resolution in the City Council. Now we await review by the State of Illinois Department of Revenue.