In a special presentation Tuesday, June 12, the deed to the Bowling Green Assembly Plant (home of the Corvette) was turned over to plant representatives. Unknown to many was the fact that the facility was purchased through bonds.
In an article published at WBKO.com:
"We purchased bonds from the city, 30 year bonds, that matured on May 1st 2012. Now at the time, because we were buying the bonds from the city, the city owned the plant so up until today, the city owned the plant," said Plant Manager Dave Tatman.
"One of those little technicalities was that they had to pay off the deed for a dollar so I came out to collect the dollar," added Bowling Green Mayor Bruce Wilkerson.
Some elected officials were given a tour of the 131 million dollar construction project Tuesday, before the plant closes to the public on September 14th.