c
•
IZ n
vote
e Detro· City Co cil
held a very orderly public
belar:·_ day, J 19,
people expre ed their
eoaeer pertaiDiq to the
propo ed lale of Pord
Auditoriu to Come rica
Corporation to b ild a
�dquarterJ on n· vediroat
c.
About nty_. t people
offered their vic OD the
proposed project, of
expressed op .. on to ·
Bu ine mcn, community
, org nizations, architect ,
pre crvationists, a d
co cerned individ citizc
all took a part in CXJ)1res.wur:
their CODCC to
ost of the argu eats
aaiDlt t project ee ered
onthc ofp dtoa
priv te entity, lack of public
acce to riYcrfr
doac for the city
in that Comerica wiD
not be prOYidiDg
j uffliDg cmployees &om
o building to other,
ill happcn to thc older
buildings if enants keep
moving to newer buildings, t
the auditorium's underground
gar is eeded for public
d the view that the city is
getting the low end of the deal.
Arguments for the project
foe d on the 1200 jobs and tax
revenue that ould be saved if
Co rica ayed in the city, the
dra the Comerica building will
provide for other businesses to
locate downtown, improved
acces to the riverfront,
re ewed investment downtown,
a prestigious company making a
ement by deciding to yin
. the city' uld provide
incentive for ot er b . esses to
ay in t e city, the 140 year
. ory of Detro' d Comerica
do' busi e together, and
traditional role of
town a financial center.
y peop e expressed the
vie that Comerica uld be
getting the ite for next to
DOtbi'ln£ Under the terms of the
propo d sale, Co rica will
buy the site for S7 miUio
dollar , to be paid over a .
t nty-eight year period with
no interest.
Hodge Masoo,. president. of
a district community council
. d, e are tired of giviDg 0
property y to big busiD
He ci ed plight 0 Po t
Ge
7
oppo i ion to
81
wiD cka
sub to locatc dmndCl.wJL
He also poiDted that the city
should try to nurture the
traditioaal role of dow'Dlmm
a financial aDd lepl a:atcr, and
aid thc project is vital for
�oftheCentral
B· District dowat
Bemard Parker is 011 the
Adhoc Committec for Pair
Banking Practices, said he .
pleased ith Comcrica'
. to in Detroit.
e laYS
MU:oImXpge
speech. .
Prank Smith of the Detroit
Cbll1DberofCommerce pointed
bCDebtI involved •
lcttiDa the project go on u
plaaaed. He said that a
pre tigious banking
headquarters OIl the riYcrfroDt
'1
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