Herenton will resign effective July 10

Memphis Mayor Willie Herenton just announced his resignation, effective July 10. He called his tenure as mayor the highlight of his professional career. He will go into business with his son, Rodney. He's still planning to run for congress against incumbent Steve Cohen. He says he doesn't want to serve as mayor and run for congress at the same time.

He quoted the book of Ecclesiastes before his announcement:

"To everything there's a season and a time to every purpose under the heaven. There's a season and there is a time. It is now a season and a time for me as a mayor of the great city of Memphis to announce to you today that effective July 10, 2009 I will resign my tenure as mayor of the city of Memphis."

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