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VOL. 127 | NO. 246 | Tuesday, December 18, 2012

Council to Review $12 Million Stadium ADA Plan

Memphis City Council members get their first look Tuesday, Dec. 18, at the plan to pay for improvements at Liberty Bowl Memorial Stadium to settle the city’s negotiations with the U.S. Justice Department over making the stadium comply with the Americans with Disabilities Act.

Good News

Positive national attention and local chamber efforts cap 2012

There’s something newly electric in the air. That’s how the editors of National Geographic Traveler describe Memphis, putting the city in the category of 20 must-see places in 2013.

Juvenile Court Reform Plan Announced

The U.S. Justice Department announced Tuesday, Dec. 18, an agreement with Memphis-Shelby County Juvenile Court that will put the Shelby County Public Defenders office in the role of defending juveniles who cannot afford to hire an attorney for court proceedings.

Commission Delays Final Vote on "Wage Theft" Ordinance

Shelby County Commissioners delayed Monday, Dec. 17, a final vote on a “wage theft” ordinance.

International Paper Touts Community Support

The Memphis-Shelby County Industrial Development Board meets Wed., Dec. 19, to consider a request from International Paper Co. for government tax incentives to support an expansion of its headquarters here.

Local Weather
Today
Memphis, TN
56°F
Partly Cloudy
Wind: 10 mph
Humidity: 40%

EVENTS

Seedco Mid-South is accepting applicants for Operation JumpStart: First Step, a national program that teaches entrepreneurs small-business planning and preparation skills, through Dec. 31. Participants can choose from two sessions: Jan. 8 to Feb. 14 or Jan. 18 to April 3. Cost is $375; a limited number of scholarships are available. Contact Genarda Wright at midsouthoperationjumpstart@seedco.org or 255-2955.

more events »

Makowsky Ringel Greenberg Beefs Up Commercial Team

Makowsky Ringel Greenberg LLC is sharpening the focus of its commercial real estate division to stabilize its existing portfolio as well as build its third-party brokerage in the Memphis market.

Fitch Ratings Downgrades First Horizon National Corp.

Fitch Ratings has made a downward revision to a rating assigned to the largest bank based in Tennessee.

GOVERNMENT AGENDA

Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Dec. 18, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.

REAL ESTATE RECAP

Delta Blues Winery LLC Buys 15 Acres in Lakeland

6495 Stewart Road Lakeland, TN 38002

LOCAL COLUMNISTS

Holiday Safety Tips

Last week we explored an easy way we can start planning ahead to make 2013 a Year of Books by working with Shelby County Books from Birth to plant the seeds of literacy and help build a stronger foundation for our future. This week, with the holiday shopping season now in overdrive, it is the perfect time to review some helpful safety tips that will allow us to protect our family and friends and thwart the traditional holiday spike in crime.

These are Taxing Times

I find it very curious that the fiscal cliff was not a topic of any of the presidential debates of 2012. It was not mentioned by the candidates or the moderators. Yet within a week of the election results, it seems as though everyone has heard of the looming fiscal cliff and the black hole that lies beneath it. Ignorance may be bliss, but the unknown can be downright scary. Right now, most of us are staring into the black hole and wondering how this country will address the growing national deficit and in particular, how inevitable changes in tax policy and accounting rules will affect us in 2013 and beyond.

STATE GOVERNMENT

Haslam: Tennessee Will be Part of National Gun Debate

NASHVILLE (AP) – Gov. Bill Haslam said Monday that he expects the Connecticut elementary school massacre to stir new debate in Tennessee about gun laws, as well as better ways to help those with a mental illness.

REGIONAL

Corps to Drain Water From Lake to Aid River

ST. LOUIS (AP) – Amid strong concerns about the declining level of the already low Mississippi River, the Army Corps of Engineers is releasing water from an Illinois lake to add to the flow of the Mississippi.

NATIONAL GOVERNMENT

White House: Gun Violence is Complex Problem

WASHINGTON (AP) – The White House says curbing gun violence is a complex problem that will require a "comprehensive solution" including addressing gun control measures.

Foreign Holdings of US Debt Hit Record $5.48 Trillion

WASHINGTON (AP) – Foreign ownership of U.S. Treasury securities rose to a record level in October, a sign that overseas investors remain confident in U.S. debt despite a potential budget crisis.

Census to Offer Internet Option in Government Surveys

WASHINGTON (AP) – For the first time, the Census Bureau is giving U.S. households a chance to respond to government surveys over the Internet, part of a bid to save costs and boost sagging response rates in a digital age.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 64 64 16,477
MORTGAGES 72 72 21,504
FORECLOSURE NOTICES 6 6 4,272
BUILDING PERMITS 0 0 39,378
BANKRUPTCIES 69 69 15,611
BUSINESS LICENSES 13 13 5,504
UTILITY CONNECTIONS 84 84 23,657
MARRIAGE LICENSES 37 37 5,072

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