Arrowmont: auctions or actions?

September 18, 2008

Arrowmont’s director, David Willard, is quoted in a Metro Pulse article about the situation facing the school. In any sort of ongoing negotiations, someone in his position always has to be circumspect in what he says in public, but I don’t see a great deal of vision displayed in his remarks. Here are a series of quotes from the article and my thoughts on them.

Arrowmont’s lease extends through 2011, and the school has engaged legal counsel to pursue possible options. But Willard says that process is not far enough along to offer encouragement.

The facts are simple. Pi Beta Phi owns the land and is going to sell the land, while Arrowmont has a lease through 2011. Arrowmont needs to leverage that lease to get Pi Beta Phi to offer more than the $9 million on the table right now. While legal advice is useful, Arrowmont needs to rally its friends, aggressively seek a new home, and push pressure on Pi Beta Phi to share its impending windfall and pay for the move.

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