Stay up-to-date with our latest Solar Eclipse coverage

City Council committee votes to dissolve Beale Street Tourism Development Authority

MEMPHIS, Tenn. -- Changes could be in store for Beale Street.

The Memphis City Council Tourism Committee voted Tuesday to dissolve the board that was created in 2015 to oversee the popular tourist destination.

There's been contention between council members and the board for months after a management company was not given the contract to oversee the tourist attraction.

The board reportedly did not give the contract to 21 Beale because of legal concerns in Chicago of two of the men running it.

The lack of leadership has led to missed opportunities, Beale Street Merchant Association representative Ken Taylor said.

"When you’re asking [investors] to give thousands and hundreds of thousands of dollars to an organization, they want to see stability. They want to know they’re giving money to somewhere that organization is going to be able to thrive,” he said.

The Downtown Memphis Commission has been the interim manager of the street since 2014, president Terence Patterson said.

The decision to dissolve will ultimately be up to the entire council.