Commission OKs Wigwam Transfer
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe City of Anderson Redevelopment Commission has approved the transfer of the iconic Wigwam to a private group aiming to revive the aging gymnasium. Wigwam Sports & Entertainment LLC is expected to complete the transaction by July 8th. Our partners at the Herald-Bulletin report the move saves the building from demolition. WSE needed to line up $600,000 from private investors in order to meet commission requirements.
The building had been owned by the Anderson Community School Corp., which shuttered the 1960s-era gym in 2011 due to budget constraints.
Early this week, Anderson Schools approved $100,000 to help push the deal forward.
The city is considering using tax revenues to fund a long-term use agreement with the new owners.
Source: The Herald-Bulletin