City approves Olympic benefits agreement

April 23, 2009 5:52:28 AM PDT
Minority and women-owned businesses now have a guarantee that they'll get a piece of the Olympic pie if Chicago gets the 2016 Games.The Chicago City Council okayed a community benefits agreement on Wednesday. It promises 40 percent of Olympic related work will go to minority and women owned firms.

The agreement also promises apprenticeship hours and job opportunities for people who live near proposed Olympic venues on the South and West Sides.

Chicago won't learn whether it will get the games until October.