The Herald Bulletin

Afternoon Update

Local News

June 7, 2014

Wigwam's fate to be decided Tuesday

ANDERSON — The Anderson Redevelopment Commission heard another presentation from the group trying to purchase the Wigwam gym, this time showing how much revenue the city could generate with a renovated gymnasium.

Greg Winkler, director of economic development, said Wigwam Sports Entertainment Group LLC received another large donation Thursday from an undisclosed source. He said he is confident the group will have enough money before the deadline at the end of the month.

"My sense is they will make the official date," Winkler said. "They are very close now and once they do hit the necessary amount, they will be able to get the building."

Winkler said the commission was pleased with the presentation from the entertainment group, which tried to show additional revenue and visitors the city could expect to see if the gym is reopened.

"We just saw anticipated revenues, but they were promising," Winkler said. "The numbers aren't solid yet given the circumstances."

A final determination on the Wigwam will be made at the June 10 Anderson Community Schools board meeting. A resolution regarding the Wigwam facility is listed on the board's agenda.

According to Winkler, the board's legal counsel said the resolution is broken down into two parts. The first part will take place if the Wigwam group has the necessary funds by the end of the month. If that is the case, the building title will be passed from the school board to the redevelopment commission. The commission will then pass the title on to the Wigwam group, which will begin renovations.

If the funds are not procured by the end of June, the second part of the resolution will kick in and the demolition of the Wigwam will begin.

Winkler said the board has received demolition bids from companies but decided not to make those numbers public until the Tuesday meeting.

Winkler said the appraisal process for the building can't be completed until the cost of demolition is known. If the bids are for more money than the worth of the Wigwam, Winkler said it could complicate the transfer process.

Follow Zach Osowski on Twitter @Osowski_THB, or call 640-4847.

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