For an lcu valuè ot $13,000, by how 3. For all much will property tax increase?

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For an lcu valuè ot $13,000, by how 3. For all much will property tax increase? CASE analysis Bille lean King Nationl Tenis Center Billie Jean King National Tennis Center one of the most successful public/private partnerships Tennis Center, the U.S. Open was played at the West Side Tennis erhaps one of between a municipality and a private eeen a municipality and a private entity is the USTA Bilile Jean Club. As its popularity increased,thetournament beganto our- and a private entity is the USTA Billie Jean Club. As its popularity increased, the tournament began to King n lushing Me Neational Tennis Center. The National Tennis Center, located grow the site. At the same time, the relationship between the Meadows, New York, is the world's largest public ten- USTA and the West Side Tennis club was deteriorating. During hacity. The partnership between New York City and the United negotiations for a lease extension in 1976,the USTA was pre- ns facility. The partnership between New York City and States Tennis Association (USTA) is classified as a private-sector sented with a take-it assumes responsibility for operation of a publicly owned facility. over the tournament and its revenues. The general atttude of See Chapter 9 for more information on public/private partnerships,) the membership was that the tournament's success depended The Problem The partnership between the USTA and New York City began in Open as much as the U.S. Open needs the West Side Tennis he late 1970s (Specter, 1997). Prior to its move to the National Club" (p. 10) -or-leave-t option of paying $7 millin for takeover. In a private-sector takeover, a private organization needed renovations at the club and ceding much of its on the club. Then USTA president Slew Hester summed up their attitude thus: "The members of West Side do not need the U.S.

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For an lcu valuè ot $13,000, by how 3. For all much will property tax increase?

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