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VOL. 128 | NO. 242 | Thursday, December 12, 2013

Daily Digest

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Ruby Tuesday Sells Bartlett Lots for $1.1 Million

Ruby Tuesday Inc. has sold two vacant lots at 8348 U.S. 64, also known as Stage Road, in Bartlett for $1.1 million.

An entity called 64 Kate Hyde Partners bought the properties in a Dec. 5 limited warranty deed from Maryville, Tenn.-based Ruby Tuesday, which operates local restaurants on Sycamore View and Winchester roads.

The two parcels are at the northeast corner of U.S. 64 and Kate Hyde Road. The first is 1.3 acres and has a 2013 appraised value of $563,900, according to the Shelby County Assessor of Property.

The second is 1.4 acres and has a 2013 appraised value of $1,000, according to the assessor.

Ruby Tuesday bought the first parcel in a 2005 special warranty deed from Aquawash Inc. for $1.1 million and the second in a 2005 warranty deed from Stage Road Partners for $40,000.

No financing was associated with the transaction, but a quitclaim deed transferring the properties to 64 Kate Hyde Partners was filed.

Source: The Daily News Online & Chandler Reports
– Daily News staff

Baptist CEO Reynolds Announces Retirement

Stephen Reynolds announced Wed., Dec. 11, that he will retire as president and CEO of Baptist Memorial Health Care Corp., effective in May.

Reynolds’ successor will be Jason Little, who is currently chief operating officer and executive vice president.

Reynolds is the fourth president and CEO of the hospital and health care organization. He joined Baptist in 1971 as an administrative resident and took the president position in 1994.

– Bill Dries

Independent Film to Be Shot in Memphis

The Sundance Lab Film “Free In Deed,” a drama about a Pentecostal preacher who tries to help a struggling single mother and her autistic child, will be shot in Memphis.

The film’s stars include David Harewood, who most recently had a prominent role as CIA official David Estes on Showtime’s “Homeland.” The film is written by Jake Mahaffy, who also will direct it, and it is being produced by Mike S. Ryan (whose credits include “Junebug”) as well as Mike Bowes and Brent Stiefel.

The Memphis and Shelby County Film Commission helped bring the project to Memphis. Casting is under way now.

– Andy Meek

Eclectic Eye Collecting Donations for 2 Nonprofits

Eclectic Eye's boutiques are collecting donations for two local nonprofits, the Memphis Child Advocacy Center and the Page Robbins Adult Day Care Center, throughout December.

The Midtown boutique, 242 S. Cooper St., is collecting new teddy bears for the Child Advocacy Center's Bearing It Together program. Eclectic Eye will also donate $5 of every frame purchase to the center, which serves children who are victims of sexual and physical abuse through prevention, education and intervention. Last year, Eclectic Eye donated nearly 140 bears and $1,250 to the nonprofit.

The Collierville boutique, 3670 S. Houston Levee Rd., suite 102, is collecting donations for Page Robbins Adult Day Care Center’s online wish list, including art supplies, paper products and food and kitchen items. The boutique will also donate $5 from each frame purchase to the Collierville nonprofit, which cares for individuals with Alzheimer’s disease and related dementias while offering support to their caregivers.

– Amos Maki

Criminal Court Clerk Race Gets Active

Incumbent Criminal Court Clerk Kevin Key has checked out his qualifying petition to seek re-election in 2014.

And as Key checked out a petition for the May Republican primary Wednesday, Dec. 11, the Democratic primary for the clerk position got its first possible contender, Michael McCusker.

Richard DeSaussure picked up a petition earlier to run in the GOP primary.

– Bill Dries

Alexander Staffer on Leave During Child Porn Investigation

Ryan Loskarn, chief of staff to U.S. Sen. Lamar Alexander, is on administrative leave without pay Wednesday, Dec. 11, after Alexander was told by the Senate legal counsel’s office that law enforcement officers were searching Loskarn’s residence in a child pornography investigation.

Alexander said in a written statement that he is “stunned, surprised and disappointed by what I have learned.”

– Bill Dries

Poll: Majority in Tennessee Want Medicaid Expansion

A poll conducted by Vanderbilt University shows more than three in five Tennesseans support an expansion of Medicaid, though nearly half also have a negative view of the federal health care law.

The survey of 800 randomly selected registered voters released Wednesday showed 63 percent favored an expansion of Medicaid, while 34 percent were against it.

Republican Gov. Bill Haslam last spring declined to accept $1.4 billion in federal funds to cover about 140,000 uninsured Tennesseans under the terms the money was offered. He has been involved in negotiations with the federal government over a special deal for the state, but those efforts have not been fruitful so far.

The Medicaid expansion is part of President Barack Obama's Affordable Care Act, which is viewed negatively by 47 percent in the poll.

– The Associated Press

Strategy Developed to Grow Tennessee Agriculture, Forestry

Tennessee's top agricultural leaders have developed a strategic plan to grow agriculture and forestry over the next decade.

The plan was developed following a challenge by Gov. Bill Haslam a year ago to make Tennessee the No. 1 state in the Southeast in those areas.

It highlights 27 action steps that focus on building production capacity and incentivizing the private sector through four major recommendations.

They include expanding marketing opportunities for Tennessee producers and encouraging new production systems and agribusinesses, as well as increasing the scope and depth of a skilled and educated workforce through career, technical and higher education.

The plan also endorses an initiative by the governor that calls for more than half the state's population to earn a postsecondary degree or certificate by 2025.

– The Associated Press

Delta CEO: Fliers Will Pay for Higher Security Fee

The CEO of Delta Air Lines says a bigger security fee being considered in Congress will be paid by travelers, not by the airlines themselves.

CEO Richard Anderson calls the fee a tax, and says it means fares are going up. He says the increase will not be absorbed by Delta.

Congress is debating a budget that would add $5 to each nonstop, round-trip ticket. The money is for a Transportation Security Administration fee, which already stands at $5 per ticket.

Airlines have long complained that sales taxes, security fees, and airport taxes drive up the cost of their tickets unfairly.

– The Associated Press

FDA Targets Antibiotics in Meat

Citing a potential threat to public health, the Food and Drug Administration moved Wednesday toward phasing out the use of some antibiotics in animals processed for meat.

Many cattle, hog and poultry producers give their animals antibiotics regularly to ensure that the animals are healthy and to facilitate the production process. Now, the agency has announced that it will ask pharmaceutical companies to voluntarily stop labeling drugs important for treating human infection as acceptable for those uses in animal production.

If the companies sign on, use of those antibiotics to promote growth in animals would be illegal and prescriptions would be required to use the drugs for animal illnesses.

The FDA is hoping to limit antibiotic resistant diseases in humans by decreasing the use of the drugs in animals. Exposure to antibiotics leads germs that survive stronger, so that they could withstand the drug the next time it is used.

Antibiotic resistance is a growing problem, and in September the Centers for Disease Control and Prevention released sobering estimates that more than 23,000 people a year are dying from drug-resistant infections.

The biggest risk is from germs spread in hospitals, and it's not clear how much of the problem is related to the use of drugs in meat. The FDA has been debating how to address it for several years.

– The Associated Press

PROPERTY SALES 97 418 8,253
MORTGAGES 112 508 9,293
BUILDING PERMITS 194 1,059 18,126
BANKRUPTCIES 46 208 5,367