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VOL. 129 | NO. 132 | Wednesday, July 09, 2014

Daily Digest

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Six Poplar View Office Park Buildings Sell for $1.5 Million

Six buildings in Collierville’s Poplar View Office Park have sold for $1.5 million.

Poplar View Offices LLC, which lists a Collierville address, purchased the buildings in the Class B office park from Pro Memphis LLC in a June 16 warranty deed. In conjunction with the purchase, the buyer filed six trust deeds totaling $1.2 million through Bank of Bartlett.

The properties include Building B at 336 Poplar View Parkway (3,226 square feet, built in 1986 and appraised by the Shelby County Assessor of Property at $316,100 this year), Building D at 1125 S. Poplar View Lane (1,904 square feet, built in 1994, appraised at $186,600), Building D-1 at 311 W. Poplar View Lane (2,902 square feet, built in 1994, appraised at $205,000), Building E-2 at 319 W. Poplar View Lane (2,420 square feet, built in 1994, appraised at $237,200), Building K at 1196 Poplar View Parkway (3,385 square feet, built in 1996, appraised at $331,700) and Building L at 328 Poplar View Lane (2,075 square feet, built in 1996, appraised at $203,400).

Thomas E. Weis signed the trust deeds as member of Poplar View Offices LLC.

Source: The Daily News Online & Chandler Reports

– Daily News staff

Grizzlies Renew Commitment to Raise $2.5 Million for St. Jude

The Memphis Grizzlies have announced that they have committed to raising $2.5 million over 10 years to continue helping St. Jude Children’s Research Hospital in the research and treatment of childhood cancer and other deadly diseases.

The commitment cements a longstanding partnership between the Grizzlies and St. Jude. The Grizzlies regularly host St. Jude patient families at games and events, and their coaches and players frequently visit the St. Jude campus to provide patients a distraction from the rigors of treatment. The team serves as the NBA host and its players are prominent ambassadors within the NBA’s league-wide “Hoops for St. Jude Week,” which raises awareness and funds for the hospital each spring.

“Memphis and St. Jude are fortunate to have a marquee sports franchise like the Memphis Grizzlies that attracts national attention to our city and to our lifesaving mission, and is such a positive force in our community,” said Richard C. Shadyac Jr., CEO of ALSAC/St. Jude Children’s Research Hospital. “The Grizzlies have been a true partner to St. Jude, supporting us in ways well beyond their generous financial contributions. The awareness they’ve helped bring to our mission is invaluable, and we are grateful for their incredible partnership.”

To celebrate the Grizzlies’ extension of the longstanding commitment, St. Jude is naming the basketball court adjacent to the newly-named Tri-Delta Place in honor of the team. Plans also include refreshing and adding permanent signage to the court.

– Don Wade

Commission Approves $4.37 Property Tax Rate

The Shelby County Commission approved a $4.37 Shelby County property tax rate Monday, July 7, for the fiscal year that began July 1. The rate is 1 cent lower than the $4.38 rate the commission approved a year ago this month for the just-ended fiscal year.

The tax rate also removes the 4 cents extra that Shelby County residents outside Memphis were paying to pay off rural school bonds that financed construction of Arlington High School. The remainder of the debt will be paid with sales tax revenue from unincorporated Shelby County.

The tax rate is the one proposed by Shelby County Mayor Mark Luttrell. The commission voted down an alternate tax rate that kept the 4 cents extra on the tax rate outside Memphis and would have used the sales tax revenue to fund prekindergarten classrooms.

The action on the dueling tax rates closes county government’s budget season.

Commissioner Steve Mulroy pursued a resolution later to secure county funding for prekindergarten using surplus funds from the just-ended fiscal year and the first $3 million of any surplus funding at the end of the current fiscal year.

The commission voted down the attempt.

Luttrell said he opposed the attempt as too uncertain and possibly unsustainable without better planning. He wants to use a nonprofit firm to manage the prekindergarten funding.

Mulroy favored bypassing such a firm and sending the funding directly to Shelby County Schools for use.

Commissioners approved a resolution by Mark Billingsley that moves the body’s twice-monthly meeting time from 1:30 p.m. to 3 p.m. starting in September, which is also when commissioners elected in the Aug. 7 county general election begin their term.

– Bill Dries

Levitt Shell to Host Shell Out for the Arts

The Levitt Shell is playing host Thursday, July 10, to an event that supports the arts in Memphis.

“Shell Out for the Arts,” which runs from 6:30 p.m. to 9:30 p.m., includes wine, beer and dinner by Fratelli’s in a private VIP area before and during the Chubby Carrier and Bayou Swamp Band concert.

Admission is $25 for adults and is free for children 12 and younger, and all proceeds support arts organizations and artists throughout the community.

– Andy Meek

Survey Aims to Help Protect Children’s Emotional Health

A task force made up of more than 40 community leaders is asking randomly selected Shelby County residents to "Answer the Call" this summer by participating in a confidential phone survey, which will gather information to help develop tools to assist parents in protecting their children's emotional and behavioral health.

The ACE (Adverse Childhood Experience) Center Task Force of Shelby County recently was established to create a trauma-informed community, engaging residents in understanding the costly and harmful outcomes of toxic stress on all families that arise from adverse childhood experiences.

The task force is implementing a two-pronged approach to involve residents, starting with the countywide phone surveys Thursday, July 10.

Secondly, two state-of-the-art parenting sites will open in January 2015. The sites will offer Shelby County families access to professional guidance to identify and address symptoms of toxic stress.

Porter-Leath will administer the parenting sites, while partners Baptist Memorial Hospital for Women and Knowledge Quest will serve as the host locations.

For more information about "Answer the Call," visit acecentershelbycounty.com.

– Don Wade

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 33 91 3,886
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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