More about a diversified economy and GM and skate boarding

The Herald-Bulletin reported on the latest city council meeting. The State Theater gets a tax break. I will repeat myself again that the downtown needs the State Theater. I wonder what the owner means by an "aggressive concert schedule". I also wonder when we will see the doors open.

Also, a fund is being set up to capture money from former GM properties.

In other business, the council also passed first reading of an ordinance creating a nonreverting fund to collect money and pay expenses related to General Motors properties.

The ordinance represents a step out of Anderson’s automotive history and into its future.

“We need to establish this account to receive money from GM property to cover any expenses incurred by the general fund,” said Anderson Deputy Controller Karen Carpenter.

The Anderson Redevelopment Commission and GM have negotiated the donation of property including Plant 16 and Plant 20. The ordinance will create a “property acquisition and disposition fund” to collect funds from the sale or lease of those properties. Those funds, in turn, will be used to promote and market the sale or lease of other such properties.

Seems that our forthcoming skateboarding park will open this Spring and has attracted attention from outsiders. I never thought about skateboarders traveling from Chicago to Anderson but seem that someone has done just that. I know some business owners thought this park rewarded bad behavior. Now the park seems to have the possibility of attracting people here from out of state. I call that an economic benefit.