Posted Dec 8, 2010, 3:22 AM
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Join Date: Nov 2007
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Flint due to take possession of Genesee Towers Wednesday
http://abclocal.go.com/wjrt/story?se...cal&id=7829004
Quote:
Flint due to take possession of Genesee Towers Wednesday
FLINT (WJRT) -- (12/07/10) -- The Genesee Towers officially changes hands from the outgoing owner to the city of Flint.
Just a day before the move, anyone walking by could see a flurry of activity as the outgoing owner moved out just about anything in the building that was not nailed down.
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Also Wednesday, Flint's City Council Finance Committee agenda contains an item that asks the mayor's office to talk about what will happen with the money if the Genesee Towers is sold or rented. The question comes as Flint property taxpayers are now finding winter tax bills with an extra assessment to pay for the city's nearly $9 million price tag to acquire the building from Vemulapalli.
The mayor said in the past that there are some people who have expressed an interest in renovating the building.
The uptown reinvestment group has said the building needs to come down.
There is no word yet on its future.
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