PONTIAC, Mich. (AP) -The Silverdome, the venerable former home of the Detroit Lions, is headed to the auction block. Pontiac Emergency Financial Manager Fred Leeb tells the Detroit Free Press the suburban Detroit city is excited about the upcoming sale. The city spends about $1.5 million annually to maintain the empty structure, which stands on 127 acres. Tulsa, Okla.-based Williams & Williams is conducting the auction and accepting sealed bids until Nov. 12. There is no minimum bid, but a $250,000 deposit is required to tour the facility. Pontiac has tried repeatedly to sell the 80,000-seat domed stadium since the Lions left in 2002 to move to Ford Field in Detroit.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press. |
