Panel OKs Wrigley plans for possible tax credit

Panel OKs Wrigley plans for possible tax credit

CHICAGO (AP) - The Commission on Chicago Landmarks has approved changes the Chicago Cubs made to their Wrigley Field renovation plan in an effort to obtain a possible federal tax credit.

Cubs officials went before the panel Thursday to get a thumbs up for a plan to move some of the outfield ad signage for which it won city approval in July.

The latest changes include eliminating a 650-foot sign in left field and swapping locations of a video board and a 650-foot sign in right field. The right-field video board would be smaller. The left-field video board would move closer to the center-field scoreboard.

The changes could mean the Cubs could receive up to $75 million in tax credits. Wrigley Field is

undergoing a privately funded $575 million renovation.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)