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VOL. 127 | NO. 40 | Tuesday, February 28, 2012

Daily Digest

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Mirimichi Receives Property Transfer

Mirimichi LLC – an entity related to entertainer Justin Timberlake’s Millington golf course of the same name – recently received and financed property on Woodstock Hills Drive near the golf course.

Big Creek Golf LLC quitclaimed the site to Mirimichi LLC, which financed it with a 17-year, $924,300 trust deed through U.S. Small Business Administration.

The property, according to documents filed with the Shelby County Register of Deeds, includes 21 lots in Woodstock Hills Subdivision and two tracts of land together measuring a little more than 310 acres. That roughly equates the area of the course, which is on the south side of Woodstock-Cuba Road.

Previous property acquisitions related to the golf course have used the Big Creek Golf LLC name. In 2009, the limited liability company filed an amendment with the secretary of state’s office changing its official name from Big Creek Golf to Mirimichi LLC.

A representative of Mirimichi was not immediately available for comment.

Mirimichi, a public course, opened in 2009, closed several months later for improvements, and opened in September 2010. Besides improvements to the greens, bunkers and drainage, the reopened course included expansion of its wetlands, wildflowers and native grasses.

Mirimichi is the first golf course in the Americas to receive Golf Environment Organization certification and the first course in the United States to be designated as a Certified Audubon International Classic Sanctuary.

Source: The Daily News Online & Chandler Reports

– Daily News staff

'Undefeated' Doc Picks Up Oscar Win

A documentary about one season in the football program at Manassas High School in North Memphis – and Bill Courtney, the volunteer, tough-love coach who led them through the year – won an Academy Award Sunday night for best documentary feature.

“Undefeated” chronicles the highs and lows of what had been a struggling team at an inner-city school that at one point was so hard up for money it resorted to a tactic that from the outside might seem like a desperate move: The Manassas team was charging far better teams to play it so Manassas could raise money for the season.

Bill Courtney, a Memphis businessman who owns lumber company Classic American Hardwoods, came on board as a volunteer coach of the football team in 2003. “Undefeated” chronicles the inspiring brand of leadership Courtney brought to a team that slowly began to do something extraordinary – start believing in itself.

“Congrats to Oscar Winning FilmMakers Dan Lindsay, TJ McKay Martin and Coach Bill Courtney,” tweeted rapper Sean “P. Diddy” Combs Sunday night after “Undefeated” picked up its golden statue.

Combs is one of the film’s executive producers.

In an email a few hours after the win, Courtney said, when asked how he felt, “Happy for the directors and the kids.”

Courtney was featured in The Daily News Feb. 24 article “The Coach’s Calling.” An expanded profile of the Memphis businessman and his effect on the North Memphis community where he located his lumber shop will be featured in the March 3 Memphis News.

– Andy Meek

ServiceMaster to Fill 100 IT Positions

The ServiceMaster Co. plans to hire 100 new IT workers for positions ranging from technical support to management.

All of the positions will be based in Memphis supporting the ServiceMaster home and commercial services American Home Shield, Merry Maids, Terminix, TruGreen, AmeriSpec and Furniture Medic.

The Memphis-based company is holding a job fair March 10 at the Hilton Memphis, 939 Ridge Lake Blvd., from 10 a.m. to 2 p.m. to take applications for those jobs, which are among 350 local jobs ServiceMaster will add through June. The company is adding 6,700 jobs nationally during the same period.

Most of the jobs require experience and a bachelor’s degree in computer sciences or a related field. An associate’s degree is acceptable for some of the jobs.

– Bill Dries

Mark Skoda Show Moves WMPS Slots

MPS Broadcasting recently announced the Mark Skoda Show is moving to the 2 p.m. to 6 p.m. slot on WMPS The Point.

The conservative talk radio show is simulcast on FM 87.7 and AM 1210 in the regional market and is syndicated through the IRN/USA Network.

The company also added the new Dial Global show Overnight America to its programming lineup. Overnight America, with Jon Grayson, will be carried live from the midnight to 5 a.m. slot, leading into the Steve Gill Show.

The Phil Valentine Show continues to be carried by the station and will move to the 6 p.m. to 8 p.m. slot.

The Mark Skoda Show launched WMPS The Point in February 2011

– Sarah Baker

On Location: MEMPHIS Releases Festival Lineup

On Location: MEMPHIS has announced the official selection for its annual international film and music festival to be held April 19-22.

The festival will be held at Malco Paradiso, Malco’s Studio on the Square and Malco Ridgeway Four.

The categories include feature films, documentaries, live action shorts, animated films, music videos and student-created films at the collegiate level.

In addition to the selected films, the festival will include several special screenings, including “Back Door Channels: The Price of Peace,” a documentary that explores how President Jimmy Carter, Israeli Prime Minister Menachem Begin and Egyptian President Anwar El-Sadat worked to broker a peace treaty in the Middle East.

Other screenings – including a Bollywood event, a Hispanic cinema night and a senior film event – will be announced later.

The festival also will include a music lineup, workshops and panels.

This year, along with the official selections, which qualify to win juried awards, the festival will allow filmgoers to vote for the Fan Favorites Award.

All official selections can be found at www.onlocationmemphis.org. Passes that include entry to all films, parties, workshops and panels are $60.

– Taylor Shoptaw

UTHSC Prof Gets Grant for Autism Research

Dr. Lawrence T. Reiter, associate professor in the University of Tennessee Health Science Center Departments of Neurology, Pediatrics, and Anatomy and Neurobiology, has received a $412,344 grant from the National Institute of Neurological Disorders and Stroke, a subsidiary of the National Institutes of Health.

The award will fund a two-year study focused on advancing research into autism and other neurological diseases.

The main goal of Reiter’s research is to develop a method to investigate the neurons of patients with neurogenetic diseases using primary teeth or pulled teeth.

– Aisling Maki

Sales Contracts for Homes Rose 2 Pct. in January

The number of Americans who signed contracts to buy homes rose in January to the highest level in nearly two years, supporting the view that the housing market is gradually coming back.

The National Association of Realtors said Monday, Feb. 27, that its index of sales agreements rose 2 percent last month to a reading of 97. That’s the highest reading since April 2010, the last month that buyers could qualify for a federal home-buying tax credit and the last time the reading was above 100.

A reading of 100 is considered healthy.

The Realtors’ group also released revised data for 2011. That lowered November’s initial 19-month high of 100.1 to 96.9. But contracts have been markedly up since the summer when some feared a second recession loomed.

Contract signings typically indicate where the housing market is headed. There’s a one- to two-month lag between a signed contract and a completed deal.

A sale isn’t final until a mortgage is closed. One-third of Realtors complain that they’ve had at least one contract scuttled in January, December, November and October, according to the Realtors’ group. That’s up from 18 percent of Realtors in September.

Nonetheless, the gain in signed contracts supports other evidence of improvement in the housing market.

– The Associated Press

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PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700

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