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VOL. 129 | NO. 107 | Tuesday, June 3, 2014

Council to Discuss Retirement Plan Changes

Memphis City Council members begin moving Tuesday, June 3, toward the first of three votes on a quartet of ordinances that would fundamentally change health care and pension benefits for city employees.

Reaching People

Resource Entertainment Group celebrates 10 years of event planning

The crowds that each week turn out for Thursdays Squared, the new entertainment event in Overton Square’s Tower Courtyard, are a testament to interest in the square and to its resurgence as an entertainment hotspot.

Commission Approves Budgets and Dueling Tax Rates Without PreK Amendment

Shelby County Commissioners signed off Monday, June 2, on a $1.1 billion consolidated operating budget for all of Shelby County government as well as a $75 million capital budget, both for the fiscal year that begins July 1.

MIFA Debuts Resource for Long-Term Care Needs

The Metropolitan Inter-Faith Association has operated a Long-Term Care Ombudsman program since 1996.

College Presidents Promote Community Connections

The president of Christian Brothers University says the time to discuss with college students whether they should see the world or build a life here is when they are still in college, not as they are graduating.

U.S. Senate Primaries Feature Different Realities

The statewide primary races for U.S. Senate on the August ballot feature the longest and best-known political back story in Tennessee politics and competing realities about what it takes for Democrats to end their shutout in statewide offices.

Cohen Touts Ability to Represent District

U.S. Rep. Steve Cohen told political supporters over the weekend that he expects the 9th Congressional district Democratic primary race with attorney Ricky E. Wilkins to involve a lot of mud slinging.

GOVERNMENT AGENDA

June 3 Memphis City Council Agenda

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

REAL ESTATE RECAP

Perkins Hotel Sells After Foreclosure

2700 S. Perkins Road, Memphis, TN 38118, Sale Amount: $2.2 million -
The Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has sold for $2.2 million following a first-run foreclosure notice filed earlier this year.

LOCAL COLUMNISTS

The Important Role of Requests for Proposals

Nonprofit organizations often secure the services of fundraising related consultants and contractors to support operations and growth. Services may be needed to supplement the expertise of current staff, to add specific skill set for a limited amount of time, or because it is more cost effective to contract for services than to hire full-time employees.

STATEWIDE

Group Supporting Incumbent Justices Raises $600,000

NASHVILLE (AP) – A group supporting the retention of three incumbent Tennessee Supreme Court justices says it has raised $600,000.

REGIONAL

TVA Off to Good Start in Meeting Emissions Goals

MEMPHIS (AP) – The Tennessee Valley Authority says it appears to have a good start in meeting goals set by President Barack Obama's administration aimed at cutting carbon dioxide emissions from power plants.

NATIONAL GOVERNMENT

Obama: Power Plant Rule Will Shrink Power Prices

WASHINGTON (AP) – In a sweeping initiative to curb pollutants blamed for global warming, the Obama administration unveiled a plan Monday aimed at cutting carbon dioxide emissions from power plants by nearly a third by 2030. But it delays the deadline for some states to begin complying until long after President Barack Obama leaves office.

Justices Reject Reporter's Bid to Protect Source

WASHINGTON (AP) – A reporter who has been ordered to divulge the identity of the source of classified information lost his bid Monday to get the Supreme Court to clarify whether journalists have a right to protect their confidential sources.

REAL ESTATE

US Construction Spending Up 0.2 Percent in April

WASHINGTON (AP) – U.S. construction spending posted modest gains in April, driven by an uptick in home building and government construction that lifted total activity to the highest level in five years.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 50 299 14,717
MORTGAGES 59 436 19,330
FORECLOSURE NOTICES 14 91 3,796
BUILDING PERMITS 135 697 35,330
BANKRUPTCIES 58 306 14,034
BUSINESS LICENSES 22 87 5,013
UTILITY CONNECTIONS 121 483 21,433
MARRIAGE LICENSES 22 104 4,557

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