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Drm
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Username: Drm

Post Number: 1178
Registered: 10-2003
Posted on Wednesday, October 08, 2008 - 12:14 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

The Old Tiger Stadium Conservancy and the Detroit Economic Growth Corporation have reached agreement on a Memorandum of Understanding that will ultimately transfer title to the stadium to the Conservancy and grant a long-term lease of the playing field. We want our supporters to know that we are encouraged by this development and are continuing to pursue our goals of preserving and redeveloping the historic Navin Field grandstand and upper deck, restoring the playing grounds as a first-class youth baseball facility and revitalizing Corktown, Detroit's oldest neighborhood.

The Detroit City Council voted Tuesday to reject the DEGC's recommendation for complete demolition, allowing our group a brief
extension Through the generosity of hundreds of Tiger Stadium
supporters, we have raised approximately $170,000 to date. However, we still need to raise another $50,000 to provide for six months of onsite security while we put our long-term financing in place. Our $15M project plan expects to receive $4 million via a federal earmark and more than $6 million in historic preservation and economic stimulus tax credits.

The Conservancy is fighting hard to save historic Tiger Stadium, but we need your help. We're asking supporters to visit our Web site at www.savetigerstadium.org and donate whatever they can afford this week.

Note that, as stated on our Web site, donations will not be refunded in the event that the Conservancy's plan does not receive approval by the City of Detroit. The Conservancy expects to utilize all donations in the fight to save Tiger Stadium, and any unspent donations will be directed to a non-profit organization that is harmonious with the OTSC's mission.

The Conservancy is a registered Michigan non-profit corporation and has been accorded 501(c)3 status by the Internal Revenue Service. Therefore, all donations made to the OTSC, including those made earlier in 2008, are eligible to be deducted as a charitable contribution on your 2008 tax returns.

Thank you in advance for your generous donation in support of Tiger Stadium.