A Chicago high school that would have been named after the nation's first African-American president is a casualty of the deal that prevented a teachers strike.
The deal that the Chicago Teachers Union and Chicago Public Schools reached late Monday includes roughly $88 million from a $175 million surplus from tax-increment financing, or TIF, funds.
The deal required several aldermen to sacrifice projects in their wards that would have been paid for with those funds.
Alderman Walter Burnett said Tuesday the project he agreed to sacrifice indefinitely is the $60 million selective-enrollment high school that Mayor Rahm Emanuel announced prior to the start of his 2015 re-election campaign and suggested be named for President Barack Obama.
Both the proposed school and its name stirred controversy, with some questioning its need in its proposed North Side location, far from where Obama built his political career on the South Side.
