OK, I haven’t sold the naming rights of the blog to Mediacom…but the city’s selling them for the Ice Park and the Cooper Tennis Complex. The deal is for ten years at $200,000 per year that City Manager Bob Cumley said will have 3/4 of the money going to pay down the debt of the ice park.
That will be $1.5 million toward paying down the approximately $9 million debt on the ice park.
I know some will say it’s a drop in the bucket but it’s still $1.5 million toward paying off debt and considering we’re having to cut corners everywhere it’s at least a good thing for the city’s financial situation. If you want all the down and dirty info, click here for the News-Leader story.
