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VOL. 131 | NO. 95 | Thursday, May 12, 2016

Daily Digest

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Tubby Smith Finalizes Tigers Coaching Staff

Tubby Smith has completed his first University of Memphis coaching staff with the additions of former Texas Tech staffers Pooh Williamson, Joe Esposito, Saul Smith (Tubby’s son) and Zo Goodson.

“I think we put together a staff that I am familiar with that brings continuity and consistency to help us recruit the type of players that are going to fit our system and our style,” Smith said.

Williamson, Esposito and Smith will be assistant coaches with the Tigers, while Goodson will be the director of basketball operations. Keelon Lawson will remain on staff as the director of player development.

Smith on Williamson: “Played for me at Tulsa, was one of the best point guards I have ever coached. He has excellent knowledge of the game and has recruited some outstanding players.”

Smith on Esposito: “Worked this state before at Tennessee State, has been with me for nine years. He has excellent skills in coaching and has that ‘New York flavor.’ He will help us in a lot of ways. ... I don’t think there is a place he hasn’t been to recruit.”

Tubby Smith on son Saul Smith: “Worked in this state at Tennessee Tech. We have brought in guys that had connections to this region. Saul played on the national championship team at Kentucky in 1998, and is a knowledgeable coach who has excellent contacts.”

Smith on Goodson: “Been with me for 12-plus years now, in multiple capacities, starting as a manager. He is going to be a good coach someday, and I know his dream is to be a full-time coach. He will be in charge of day-to-day operations.”

Smith on Lawson: “In Keelon we have an experienced guy who knows this city. He grew up here, and has coached here at multiple levels.”

– Don Wade

Agricenter Generates $524M For Shelby County Economy

Agricenter International generated 1.3 million visitors in 2015, producing an overall economic impact of $524 million, according to a study announced Wednesday, May 11.

That dollar amount reflects the value of all goods and services produced within the Shelby County economy as a result of Agricenter International and the business entities operating as tenants, combined with visitor spending from events, according to the 2015 Economic Impact Study conducted in March by Younger Associates.

John Charles Wilson, president of Agricenter, said that amount of economic impact on the region “is second only to the tourism draw of Beale Street.”

In a release, John Butler, president-elect of Agricenter, said the report shows the value of the nonprofit and its tenants.

The Agricenter and its related operations support 2,517 jobs in Shelby County. This figure includes jobs directly employed by Agricenter and its tenant operations, as well as indirect jobs that exist elsewhere in Shelby County in support of such operations. These indirect jobs are employed in a broad range of activities such as manufacturing, farm technology development, crop production, warehousing, customs brokerage, maintenance services, office suppliers, hotels, food services and other retail.

Total local taxes generated from operations, visitor spending and wages paid to direct and indirect jobs are estimated to be $4.7 million annually.

Visit agricenter.org/documents to download a copy of the report.

– Daily News staff

Facing History Announces Memphis Upstanders

The Memphis chapter of Facing History and Ourselves has named the people and groups that will be memorialized on its “Upstanders Mural,” a public art project honoring those who chose to take positive action in the face of injustice.

The mural, which will cover one wall of the organization’s office complex at 115 Huling Ave., was commissioned in partnership with the UrbanArt Commission, Downtown Memphis Commission and National Civil Rights Museum.

Nominations were accepted from the community and vetted by a committee of local historians, civil rights leaders, and South Main stakeholders.

The subjects for the mural will be:

Nina Katz (1924-2014): “Victimhood Didn’t Define Her”

• Rev. Billy Kyles (1934-2016): “Hold on to Your Dreams”

Lucy Tibbs (1860s): “Spoke the Truth at Great Personal Risk”

Maxine Smith (1929-2013) & Vasco Smith (1930-2009): “Even Great Leaders Have to Protect Their Hope”

• Dr. Sheldon Korones (1924-2013): “Protecting the Most Vulnerable”

• Bishop Carroll Dozier (1911-1985): “Love the Stranger”

• Ida B. Wells (1862-1931): “Challenging Racist Ideologies”

• Charl Ormond Williams (1885-1969): “Equality in Schools and in the Voting Booth”

• Yellow Fever Upstanders (1878): “Compassion in Times of Crisis”

Sanitation Strike Upstanders:

• T.O. Jones (1924-1989): “Power in Identity”

• John T. Fisher (1934-2011): “Going Against the Status Quo”

• Rabbi James A Wax (1912-1989): “Building Bridges”

“Throughout the selection phase of the Upstanders Mural project, the most important goal to us was to think deeply about how we are talking about these stories – and to understand why we chose the stories we did,” said Marti Tippens Murphy, executive director of FHAO’s Memphis chapter, in a statement.

Facing History and the UrbanArt Commission are seeking an artist to design and produce the mural, which is scheduled to be complete in September. Visit info.facinghistory.org/upstandersmural for more details on each upstander, along with information for artists interested in creating the mural.

– Daily News staff

Poplar Place Apartments Sell for $15.3 Million

The 220-unit Poplar Place apartments in East Memphis have sold for $15.3 million, or $69,409 per unit.

Brooklyn-based Poplar Place TN Townhomes LLC purchased the complex in a May 6 warranty deed from Poplar Place Associates LLC, a company of Newton Square, Penn.-based GMH Capital Partners LP. The deed lists 1669 Randolph Place as the real property address.

According to the Shelby County Assessor, the complex was built in 1975 and totals 330,631 square feet. It most recently was appraised at $8.8 million.

– Madeline Faber

MMIWorks Hires Youth Program Manager

The Memphis Music Initiative has hired Brittney Boyd Bullock as youth program manager for its new MMIWorks initiative.

In her new role with Memphis Music Initiative, Bullock will lead the development and implementation of MMIWorks, a new youth engagement program focused on creating summer internship and professional development opportunities for young people around music and the arts.

Bullock has worked as a project manager for the UrbanArt Commission and as the partnerships and community engagement manager for Crosstown Concourse and Crosstown Arts, working on arts-inspired initiatives as well as projects that use the arts as a tool for social change.

– Andy Meek

Cordova Wingate Sells for $6 Million

A Cordova hotel has sold for $6 million.

Amber Hospitality LLC purchased the Wingate by Wyndham hotel from Tirupati LP in a May 5 warranty deed. The three-story hotel, built in 1998 at 2270 North Germantown Parkway, bears 55,932 square feet, according to the Shelby County Assessor of Property. It most recently was appraised at $2.6 million.

In conjunction with the sale, Amber Hospitality signed a $4.6 million mortgage for the property with First Capital Bank. The loan matures May 5, 2021.

– Madeline Faber

Tenn. General Fund Surplus Reaches $700M in April

Tennessee general fund tax collections are beating projections by nearly $700 million through the first nine months of the budget year.

The Legislature adjourned last month without taking most of the surplus tax collections into account, meaning that the bulk of the money will not be appropriated until lawmakers return next year.

Collections in April exceeded estimates by $166 million on the strength of an 8.5 percent increase in sales tax collections compared with the same month last year. Corporate taxes came in at $82 million more than expected.

The state’s Hall tax on income from stocks and bonds was $36 million above the budgeted estimate. Lawmakers passed a bill this year calling for the Hall tax to be phased out by 2022.

– The Associated Press

PROPERTY SALES 0 322 4,193
MORTGAGES 0 320 4,710
BANKRUPTCIES 0 211 3,096