Friday, March 14, 2008
Buildings' Best Future Hinges On City And County Involvement
What a Major Loss! Shelby County is proposing selling its part in The Pyramid, Mid-South Colisem, and the Liberty Bowl for $4.3 Million(which represents the debts that they have with the Pyramid). So basically, the County would be giving away the Mid-South Colisem and the Liberty Bowl for FREE!!! I personally think that this is a HORRIBLE idea. Is there no other possible way of raising revenue. I understand that they are in debt, but why just basically give stuff away. They could get a lot more money for those three buildings than that. This proposal was put into consideration to help fund the $16 Million funding gap that Shelby County has. The head of this operation is Shelby County Commissioner Sidney Chism. He wants the pyramid to be turned into a Bass Pro Shop. I also do not agree with this proposal. I think it could be used for so much more! I guess we'll have to see the outcome in the future!
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2 comments:
This may be a stupid question but doesn’t the football team play at that stadium and if they sell it what is the football team going to do and you cant give anything up for free you need to do something with all that money but that stuff to goods use cause Memphis is not the best city in the words in the state if Tennessee at that
This is ridiculous. I mean really those places are some very important landmarks. I mean can you imagine us without these buildings. Oh and no offense to Bass Pro Shops, but I do not want the Pyramid to become a Bass Pro Shop. I mean Memphis is going to look so redneck. These people who keep deciding what to do with debts need to start thinking. They are getting on my nerves!
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