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An image of the LaSalle Street Cable Car Powerhouse from a Department of Planning and Development presentation. [City of Chicago]
Alderpersons on Tuesday gave an initial OK to a proposed property tax incentive to rehabilitate the landmarked LaSalle Street Cable Car Powerhouse in the 42nd Ward.
The approval came during the meeting of the City Council Committee on Economic, Capital and Technology Development. Alderpersons approved one other property tax incentive during Tuesday’s meeting.
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