The city of Memphis announced today that it was willing to negotiate with the city of Green Bay, Wisconsin, for the Zippin Pippin roller coaster.
"Given the obvious budgetary pressures we're under, any opportunity for the city of Memphis to monetize one of its major assets needs to be looked at very carefully," said city CAO George Little. "It's been clear for some time that renovating and reconstituting the Zippin Pippin is simply beyond our capacity."
The coaster, known to be Elvis' favorite, was part of the former Libertyland amusement park at the Mid-South fairgrounds. Demolition began at the fairgrounds in December to make room for new, as yet un-named, development.
Green Bay is interested in installing the Pippin in its Beach Bay Amusement Park.