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Sun April 8, 2012
Snyder will sign bills authorizing sale of Michigan state fairgrounds on Monday
In 2009, Michigan hosted its last state fair after 161 years.
It was the second oldest in the country. But the event was losing too much money. Between 1970 and 1995, the fair lost on average 2 million dollars a year. Attendance was down 39 percent over the final eight years. In 2009, Governor Granholm ended all state financing.
Since then, not much has happened with the Fairgrounds. On Monday, Governor Snyder will sign bills which will authorize the state to sell the property. The 157 acre property is located just south of Woodward Avenue. Any money made from the sale of the Fairgrounds will be added to the state’s general fund.