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Barack Obama Foundation chairman Martin Nesbitt speaks during a news conference announcing the future of the Barack Obama Presidential Center Tuesday, May 12, 2015, in Chicago. The Barack Obama Foundation announced in a news release early Tuesday that the library will be erected on park land that was proposed by the University of Chicago. The site was selected over bids made by Columbia University in New York, the University of Hawaii and the University of Illinois at Chicago. (AP Photo/Paul Beaty)

Barack Obama Foundation chairman Martin Nesbitt speaks during a news conference announcing the future of the Barack Obama Presidential Center Tuesday, May 12, 2015, in Chicago. The Barack Obama Foundation announced in a news release early Tuesday that the library will be erected on park land that was proposed by the University of Chicago. The site was selected over bids made by Columbia University in New York, the University of Hawaii and the University of Illinois at Chicago. (AP Photo/Paul Beaty)

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