"I appreciate everyone coming because it is easier to answer all of your questions at once than do individual interviews.

The recent revelations about Knoxville Tourism and Sports Corporation have raised questions about the organization and its role with the City.

Let me start by saying that tourism is an important economic driver for our city and KTSC has been an integral partner in that effort. KTSC has an existing contract with the City under which they have delivered valuable work. I know many of the good people there - both on the board and on staff. They work very hard and are committed to promoting the City and all of its assets. Let's not lose sight of this as we move forward.

However, in focusing on the stewardship of taxpayer dollars, I have many concerns. I have already stated that the pay and compensation package for President and CEO Gloria Ray is excessive.

In light of recent documents, I believe that the compensation is not consistent with what this community expects for an organization heavily-funded by taxpayer dollars.

To restore confidence in this critically-important organization and its mission, I recommend that Gloria Ray resign; and I am asking that the executive committee, who had oversight of Ms. Ray's compensation, also step aside and that the board take appropriate action to review all issues that have been raised."