- Associated Press - Saturday, January 31, 2015

ATLANTA (AP) - Atlanta Mayor Kasim Reed is considering selling the Civil Center outside of an auction already under way.

The Atlanta Journal-Constitution (https://bit.ly/1Dqp4SO ) reports that bids on the 20-acre property were below what city leaders hoped to make off a sale.

Reed said Friday he’s been approached by an investment group willing to pay a higher price for the performing arts center. He would not name the potential buyer. City attorneys are trying to determine whether the sale can be made.

Reed said he believes the public would want him to sell for the maximum value possible. The mayor said it may also be possible to rebid the project.

He expects to have an answer to his legal question in a week.

___

Information from: The Atlanta Journal-Constitution, https://www.ajc.com


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide