VOL. 129 | NO. 172 | Thursday, September 04, 2014
Harmony Park Apartments Sells for $2.6 Million
The 164-unit Harmony Park Apartments and Townhomes at 3365 Steve Road has sold for $2.6 million to two entities.
TN Harmony LLC bought a 75 percent interest and WI Harmony LLC bought a 25 percent interest in the property from Bryan K. Smith, who has owned it since 2011.
Formerly known as Kenilworth Apartments, Harmony Park was built in 1969 and sits on 6.4 acres on the south side of Steve Road adjacent to O’Brien Park. The complex, which backs up to Interstate 240 and uses the alternate address of 3389 Steve, was appraised by the Shelby County Assessor of Property at $956,700 this year.
In conjunction with the purchase, the buyers filed a multifamily deed of trust, absolute assignment of leases and rents and security agreement (including fixture filing) through Financial Federal Bank.
David R. Zook signed the trust deed as manager of TN Harmony LLC, and Garry M. Pope signed as chief manager of WI Harmony LLC.
Source: The Daily News Online & Chandler Reports
– Daily News staff
Delta Resuming Cancun Service in December
Delta Airlines will resume nonstop service between Memphis International Airport and Cancun International Airport in December.
The flights will be offered on Saturdays starting Dec. 20. The initial flights will run through Jan. 10, 2015, and will then run Feb. 14 to Aug. 15.
The flights will depart Memphis International at 12:55 p.m. and arrive in Cancun at 4 p.m. On the return leg, they’ll depart Cancun at 4:55 p.m. and arrive in Memphis at 8 p.m.
Travelers can book the new flights at www.delta.com.
Delta is still the dominant carrier at Memphis International despite cutting dozens of flights after the airline announced the airport would no longer serve as a Delta hub.
– Amos Maki
Magazine Honors Pugh’s for Spin-Off
Floral Management magazine, the official publication of the Society of American Florists, has spotlighted Memphis-based Pugh’s Flowers for its development of a spin-off venture, Lickety Split Couriers.
Lickety Split, now in its fifth year, originally was developed as Pugh’s Express to take advantage of Pugh’s floral delivery service experience and its investment in trucks and drivers. It eventually was rebranded and spun off as Lickety Split.
Lickety Split drivers are full-time employees with company benefits and workers’ compensation, and all the vehicles are company-owned and insured, according to Pugh’s president Tim Pugh.
Floral Management magazine singled out Pugh’s as an innovative marketing example for other florists.
– Andy Meek
City Council Reconsiders Utility Standards Contract
Memphis City Council members Tuesday, Sept. 2, reconsidered their rejection at the Aug. 19 council meeting of an $8.8 million contract between Memphis Light, Gas and Water Division and Davis H. Elliott Construction Co. of Lexington, Ky. The contract is for three years’ worth of work to be done to meet federal utility reliability standards.
A majority on the council voted down the contract in August, citing a concern that the construction company is from out of town.
But several journeymen linemen from the utility told council members Tuesday that crews don’t have the time or equipment to do the work and presented a petition signed by most of the MLGW’s linemen to that effect.
Nevertheless, the vote to send the contract back to council committee for a vote in two weeks was a close one, with a seven-vote majority approving the move only after council member Bill Boyd changed his vote to one in favor of the contract.
The council also delayed a vote Tuesday on a special use permit for a car lot in a strip retail center at Brooks Road and Dogwood Lane after the applicant didn’t show up for a committee hearing on the matter.
The council approved spending $270,000 in capital funds to buy two Pro-Patch trucks to be used for making street repairs.
– Bill Dries
UTHSC Professor to Chair National Institutes of Health Study Section
Robert C. Klesges, professor in the Department of Preventive Medicine at the University of Tennessee Health Science Center, is the new chair of the Community-Level Health Promotion Study Section for the Center for Scientific Review at the National Institutes of Health.
Members of the study section, which reviews grant applications and clinical, community and population research studies, are chosen based on their competence and achievement in their chosen specialty. They are selected for research accomplishments, publication in scientific journals, history of NIH funding and honors.
As chair of the study section, Klesges will play a key role in assuring the quality of the NIH peer-review process for grants that total hundreds of millions of dollars annually and involve large-scale community intervention efforts.
According to Klesges, NIH study sections “have the responsibility for shaping the science, not for things you’ll be reading in journals today, but for the things you’ll be reading in journals five or six years from now.”
His term as chair commences with a meeting in October and will end June 30, 2016.
– Don Wade
Memphis Women’s Basketball Holding Fastbreak Picnic
The Fastbreak Club, the official booster club of the Memphis women’s basketball team, will host a fall picnic for its members Sunday, Sept. 7, beginning at 5:30 p.m. at the Penny Hardaway Hall of Fame Building.
Attendees are asked to RSVP to Donna LaRiviere at firstname.lastname@example.org . Food and beverages for the picnic will be provided, but donations to the program are appreciated. Fastbreak Club members are encouraged to bring a friend to meet the 2014-15 women’s basketball team.
Fastbreak Club memberships and women’s basketball season tickets can all be purchased online at www.gotigersgo.com. Tickets are also available by calling the Memphis ticket office at 678-2331.
– Don Wade
Federal Judge Rules Against TennCare
The state's expanded Medicaid program must hold hearings for people who have waited months to learn whether they qualify for coverage because of delays in processing applications, a federal judge has ruled.
The Tennessean reports U.S. District Judge Todd Campbell made the ruling this week on the lawsuit brought by the Southern Poverty Law Center, the Tennessee Justice Center and the National Health Law Program.
The judge also granted class-action status to the lawsuit, meaning possibly thousands of Tennesseans could also become plaintiffs in the case.
The lawsuit accused the state of not providing in-person assistance and forcing applicants to apply for TennCare through the federal Health Insurance Marketplace website, which the lawsuit says was not designed for that purpose.
The lawsuit also accused the state of failing to let people know within 45 days if they're eligible for Medicaid and failing to provide a hearing if there's a delay in the eligibility decision.
The judge specifically addressed that issue by stopping TennCare from refusing to provide hearings within 45 days after one is requested about a delayed determination.
People requesting such a hearing must prove they have gone 45 days without learning the outcome of their application when eligibility is based on income or 90 days when it is based on disability. The injunction became effective immediately.
– The Associated Press
Haslam, Legislative Speakers Call Education Summit
Republican Gov. Bill Haslam, House Speaker Beth Harwell and Senate Speaker Ron Ramsey are convening a summit in Nashville to discuss education changes in Tennessee.
The Sept. 18 event titled "Progress of the Past, Present and Future" will involve elected officials and representatives from 24 organizations focusing on K-12 and higher education and business leaders.
Haslam said the meeting is meant to review the ongoing education overhaul in Tennessee and plan for the future.
Some of those changes, like the Common Core education standards and related testing requirements, have received criticism from both tea party groups and teachers unions and became election fodder in legislative primaries earlier this month.
– The Associated Press