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Resource ID: #13618
Subject: City Government
Source: Atlanta Business Chronicle
Affiliation: 
Date: 1996-10-25

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Description

This is a story about how the city of Atlanta leased its streets, sidewalks and public spaces to Munson Steed III, a politcally connected local businessman, during the 1996 Summer Olympics. Steed was supposed to manage an economic development program that would provide jobs for street vendors, sell corporate sponsorships on behalf of the city and guarantee the city would receive at least $2.5 million. The Chronicle's investigation revealed deep-rooted problems from the Steed's inability to fulfill his contract, to a bidding process rigged by top city officials. (October 18 - 24, 1996)

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