Mayor Daley's Chicago 2016 panel has no problem with committee member Michael Scott's role developing a for-profit real estate project near a planned Olympic venue, according to a statement the organization released Tuesday night.
Scott met with Olympic bid officials Tuesday to explain his plan to develop residential and commercial units on city-owned land kitty-corner from the proposed Douglas Park cycling venue. Scott has said he was working on behalf of a group of West Side ministers, although his name alone appears on the venture's incorporation papers. After the Tribune published an investigation Friday, Scott said he would take no profits or fees from the development.
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