CHARLESTON, S.C. (AP) - The state of South Carolina has approved a 99-year, $1-a-year lease for property for a new $100 million Medal of Honor Museum.
The Budget and Control Board approved the arrangement Wednesday.
The Medal of Honor Museum Foundation will lease seven acres at the Patriots Point Naval and Maritime on Charleston Harbor.
Last year the foundation announced plans for the museum on high ground at Patriots Point where the World War II aircraft carrier USS Yorktown is moored. The museum will honor the recipients of the nation's highest award for valor.
Plans announced last summer envision a uniform collection, a large format theater with multiple video screens and a hall honoring medal recipients.Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.