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Home Permits Flat in Quarter Suburbs Will Form Districts Sec Has Plenty To July 19-25, 2013, Vol. 6, Issue 30 SEC HAS PLENTY NEW PHASE FOR TO BRAG ABOUT CENTRAL STATION YET AGAIN MATA officials are Don Wade checks »reviewing requests in from SEC Media for proposals for the next Days, where he round of redevelopment chronicles the league’s at Central Station, the accomplishments and iconic property in the weighs in on Johnny South Main Historic Football. P. 1 6 Arts District. P. 1 2 SHELBY • FAYEttE • TiptON • MadisON • • CHANGE OF SCENERY Commercial real estate mainstays prepare for transformation P. 1 8 Lance Murphey SUBURBS WILL HOME PERMITS FORM DISTRICTS FLAT IN QUARTER Six suburban towns Building permits were voted to form their the exact same as they own municipal school were for same period districts. • P. 7 in 2012. • P. 2 0 WEEKLY DIGEST: PAGE 2 loGISTICS: PAGE 8 INKED: PAGE 23 LAW TALK: PAGE 26 EDITORIAL: PAGE 34 A Publication of The Daily News Publishing Co. | www.thememphisnews.com 2 July 19-25, 2013 www.thememphisnews.com weekly digest Get news daily from The Daily News, www.memphisdailynews.com. THE MEMPHIS NEWS | almanac Orion Donates $7,500 to better handle them if they occur. The To Nonprofit Groups seminars are being put on by the Workers’ Compensation Division, the Tennessee Orion Federal Credit Union has since Occupational Safety and Health Admin- JULY 19-25 the beginning of the year donated more istration and the Tennessee Chamber of This week in Memphis history: than $7,500 and more than 1,000 items to Commerce. seven local nonprofit groups. They take place from July 25 through The charitable giving is part of the Aug. 29. Specific dates, times and locations >>>>> 2012: Loeb Properties Inc. of Memphis closed on its $7 million acqui- credit union’s community involvement can be found on the department’s website sition of eight acres of the Overton Square entertainment district from program, Orion Gives Back. Launched in at http://www.tn.gov/labor-wfd . Denver-based Overton Square Investors LLC. January 2012, Orion chooses a nonprofit each month to be the focus of the giving >>>>> 1993: Scott Construction Co. continued work on widening to four initiative. lanes a quarter-mile section of what was then called Mud Island Road Recipients thus far have included the Cohen ‘Stunned’ Woman from the Auction Street Bridge to the entrance to Harbor Town. Harbor Mid-South Food Bank, Memphis Fam- Isn’t his Daughter Town Square was still under construction at the time. The first layer of ily Shelter, Literacy Mid-South, Memphis asphalt was due by September. Farmers Market, Clovernook Center for U.S. Rep. Steve Cohen, D-Memphis, the Blind and Visually Impaired and Youth said Thursday that he’s “stunned and >>>>> 1973: Humble Pie, T-Rex and Hydra at the Mid-South Coliseum as Villages, among many others. dismayed” to learn that DNA tests revealed the Fairgrounds venue and the Auditorium Downtown were each well he is not the father of a woman with whom into their runs as the city’s dominant performance halls for rock bands he had an affectionate Twitter exchange through the 1990s. It was the second time in a year that the band front- this year. ed by Steve Marriott played Memphis. And the band would return to the State Labor Department In February, tweets between Cohen city less than a year later on another tour. The continuous touring was To Discuss Workers’ Comp and Victoria Brink, a 24-year-old Texas the primary means of generating record sales along with radio airplay. woman, attracted public attention during The Tennessee Department of Labor the president’s State of the Union address. >>>>> 1943: On the front page of The Daily News, Memphis Congressman and Workforce Development is holding a Soon after, Cohen revealed that he was Cliff Davis predicted that after World War II at least six new air routes series of seminars across the state to ex- Brink’s father. He said he’d learned about could include Memphis stops with the possibility of two more either end- plain the Workers’ Compensation Reform the relationship three years earlier. ing or beginning in Memphis. Act of 2013. But on Thursday, CNN reported that The bill removes injured workers’ DNA tests showed Cohen is not her father. “The Memphis airport will be expanded to huge proportions and the ex- claims from state trial courts and instead “I was stunned and dismayed when pansion will be the biggest thing to come to Memphis since the outbreak creates a special panel appointed by the DNA tests disproved what Victoria and I of the war,” Davis said. governor to hear claims and appeals. believed about our relationship,” Cohen The seminars aim to educate employ- said in a Thursday statement. “I still love ers about the impact of the bill, including Victoria, hold dear the time I have shared ways to avoid workplace injuries and how with her, and hope to continue to be a part @ MemphisConnect Sometimes you can live somewhere your whole life and never know the full story. MemphisConnect.com is your guide to local culture, arts, living and all things Memphis. For Memphis By Memphians www.thememphisnews.com July 19-25, 2013 3 Get news daily from The Daily News, www.memphisdailynews.com. weekly digest of her life. recovery that is helping to drive economic Department Director Scott Bennett told a for traffic signal improvements at Pleas- “It’s been a roller coaster ride these last growth this year. legislative panel Thursday that he expects ant View Road and Covington Pike as well three and a half years from which I have To calculate average mortgage rates, to begin issuing bonds in September that as $300,000 for engineering and inspec- learned something about parenting and Freddie Mac surveys lenders across the will be repaid by the new sales tax. He said tion work on a Central Avenue crosswalk some more about love, life, and heart- country on Monday through Wednesday he expects work to begin on some of the funded by the state for the University of ache.” each week. The average doesn’t include projects by the end of the year. Memphis. And $936,400 for road improve- Brink is the daughter of Texas criminal extra fees, known as points, which most Voters last year approved the tax, ments along Fairley Road were approved. defense lawyer Cynthia White Sinatra, who borrowers must pay to get the lowest rates. which will raise about $1.8 billion during The council approved accepting $1.1 ran for Congress in 2006 against Ron Paul. One point equals 1 percent of the loan the next decade for the state’s highway million in state Fast Track grant money Cohen described his relationship with amount. needs. The half-cent tax increase is set to for an access road into the site of the Nike Sinatra as longtime friends. Texas execu- The average fee for a 30-year mortgage expire by 2023. plant expansion in Frayser. tive John Brink raised Victoria Brink. was 0.7 point this week, down from 0.8 With a $3.2 million contract approved CNN reported Thursday that it point last week. The fee for a 15-year loan between the city and Memphis Light, Gas obtained DNA from John Brink, Victoria also slipped to 0.7 point from 0.8 point. and Water Division, the next phase of the Brink and Cohen for tests, and that results The average rate on a one-year Bank of Bartlett Earns renovation of the Elvis Presley Boulevard showed Cohen wasn’t her father. adjustable-rate mortgage was unchanged Magazine’s High Marks streetscape in Whitehaven will begin. The Cohen’s office said that he also submit- at 2.66 percent. The fee declined to 0.4 contract is to locate overhead utility lines ted DNA to determine paternity indepen- point from 0.5. The “ABA Banking Journal,” the Ameri- underground on the stretch of the state dent of the CNN report. The average rate on a five-year adjust- can Bankers Association’s monthly maga- highway from Brooks Road to Winchester Cohen, who has never been married, able mortgage fell to 3.17 percent from zine, has recognized Bank of Bartlett as Road. said in February that he decided to pub- 3.26 percent. The fee eased to 0.6 point among the nation’s top performing banks licly acknowledge Brink as his daughter from 0.7. based on return on equity for 2012. after bloggers and the media tried to make In the current edition of the magazine, exchanges during the State of the Union the “ABA Banking Journal” lists the bank Wunderlich Lists appear salacious. Cohen’s message to as the nation’s second best-performing First Horizon as Buy Brink included a Twitter abbreviation for “I Tapes of 2 Elvis Concerts community bank, with return on average love you.” equity at 65.33 percent and assets of $370.4 Wunderlich Securities Inc. has an Added to Calif. Auction million. analyst note out maintaining a buy rat- Uncirculated tapes of two Elvis Presley Since its founding in 1980, Bank of ing on First Horizon National Corp., the concerts recorded two months before Bartlett has financed the construction of Memphis-based parent company of First 30-Year Mortgage Rate he died have been added to a celebrity more than 20,000 homes in Shelby County Tennessee Bank, and keeping a price target memorabilia auction in California. and currently operates eight bank branch- of $13 on the stock. Declines to 4.37 Percent The Mecum Auction Co.
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