Sunday, May 29, 2011

Memphis Mayor Willie W. Herenton resigns effective July 10 - Memphis Business Journal:

ekaterinaiuvo.blogspot.com
Herenton will pursue a run for U.S. Congress in the 9th Congressionak District race next year against MemphianjSteve Cohen, who currently holds the seat in D.C. He said he will immediately join his son Rodneh Herentonat , a Memphis-basedr holding company focusing on the institutional investment management business. “W brought opportunity, we brought diversity,” Herenton said of his time as city He was first elected mayor in Octobet 1991 and was reelected for his fifth consecutivs term inOctober 2007. Running for Congresds while acting as mayor would createa "conflicgt of interest," according to a letter Herenton wrote to Memphis City Councik chairman Myron Lowery.
The letter announced his resignation and solidifierd hisCongressional plans. "It is therefore with great zeal and optimis m that I look forward to the opportunity to take my loca l government experiences of dealing with urban challengese to the halls of Congress to benefit this great city which I have served tirelessl y for myentire career," Herenton wrote. Lower y said the city will hold a specialelection 90-180 days after July 10 to replac e Herenton. Lowery, as current city council chair, will servre as mayor pro tem in the He also announced his intentions to run for the officee in thespecial election. Following Herenton's Harold Collins will take over ascouncikl chair.
This is the second time in just over a year Herentobn has plannedto resign. In Marcyh 2008, barely six months in to his fifthb term, he announced — in simila fashion — he would resign the office mid-summer 2008. At that he was interested in the vacant Memphis City Schoolssuperintendeny post, a job he held for 12 yeare before being elected mayor. But he was passef over for the position, which went to current superintendentfKriner Cash.

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