February 9, 2021

9:00 AM | Tuesday, February 9th, 2021

Details

CCRFC - Tuesday, February 9, 2021, at 9:00 A.M.
114 North Main Street, Memphis TN 38103 (Via ZOOM)

Pursuant to prevailing law, State of Tennessee Executive Order No. 71 (extending Executive Order 65), County of Shelby and City of Memphis Executive orders, the Downtown Memphis Commission (“DMC”) has determined meeting electronically is necessary to protect the health, safety, and welfare of Tennesseans in light of the COVID-19 pandemic. Public notice is hereby given to all residents of the City of Memphis, TN, and all persons interested that an open public meeting of Center City Revenue Finance Corporation (“CCRFC”) will be held, via electronic means only, on Tuesday, February 9, 2021, commencing at the hour of 9:00 a.m.

THERE WILL BE NO PHYSICAL PUBLIC ACCESS TO THE PUBLIC MEETING.

Attendance at the Public Meeting will be allowed via electronic participation only and anyone interested in attending this Public Meeting may participate as follows:
(Meeting will be held via conference call & Zoom meeting. Any member of the public wishing to speak on an agenda item, please use the chat feature.)

Instructions for remotely joining this meeting via Zoom:
https://us02web.zoom.us/j/81697587302 > or dial (312) 626-6799

Meeting ID: 816 9758 7302
Call-in number, if no computer audio: (312) 626-6799

AGENDA

I. Call to order

II. Approval of minutes from meeting held January 12, 2021

III. Financial Update

IV. Consideration of the request from Stella Maris Development, for a 14-year PILOT Lease for full renovation for 84 apartments at 1030 Poplar Avenue, Memphis, Tennessee; explanation of request; authorization of execution of necessary documents; and consideration of any other matters in connection therewith.

V. Consideration of the request from KRN Development, URBN on Union for a 20-year PILOT Lease for new construction for 270 apartment units, 17,500 sq. ft. commercial, and 411-space parking garage at 1338 Union Avenue, Memphis, Tennessee; explanation of request; authorization of execution of necessary documents; and consideration of any other matters in connection therewith.

VI. Consideration of the request from 7 Devco, LLC, for a 19 ½ -year PILOT Lease for demolition & new construction for 210 apartments, 10,000 sq. ft. ground-floor commercial, and 244 parking spaces at 7 Vance Avenue, Memphis, Tennessee; explanation of request; authorization of execution of necessary documents; and consideration of any other matters in connection therewith

VII. President’s Report

VIII. Adjournment
• Next CCRFC meeting: Tuesday, March 9, 2021 at 9:00 AM