Emphasis: Financial Services
Transcription
Emphasis: Financial Services
February 7-13, 2014, Vol. 7, Issue 7 Emphasis: Financial Services Accounting businesses are seeing growth in the Memphis market, as seen at a couple of local firms that have been adding to staff and offerings. P. 16 • Shelby • Fayette • Tipton • Madison pilot reform Economic development leaders weigh changes to incentive program The Electrolux factory began operations on Presidents Island last year. The payment-in-lieu-of-taxes program was used to bring the plant to Memphis. | (Memphis News/Andrew J. Breig) Office Occupancy Up arc de overton The fourth quarter pushed the office market into positive territory. P. 9 The arch of more than 300 bicycles opens as a new eastern entrance to Overton Park. P. 23 • digest: page 2 P. 14 health care: page 7 | • Inked/recap: page 10 | newsmakers: page 24 | editorial: page 30 A Publication of The Daily News Publishing Co. | www.thememphisnews.com www.thememphisnews.com 2 February 7-13, 2014 weekly digest Get news daily from The Daily News, www.memphisdailynews.com. The Memphis News | almanac February 7-13 This week in Memphis history: 1950: Among the new merchant licenses listed in The Daily News, Memphis Recording Service at 706 Union Ave. The owner of the recording service was a sound engineer for WREC radio who had decided to branch out into making recordings for whoever hired out his studio or hired him to bring his equipment to their event. His name was Sam Phillips. And he would soon add his own independent record label to the business, Sun Records. On the front page of The Daily News, Memphis Light, Gas and Water Division was expanding its central shops at Beale and Myrtle streets in a $225,000 project that included a modern paint shop. 1944: County Court Clerk Marvin Pope announced that effective April 1, car owners in the county would pay the same fee for renewal of car tags, but they would get just one license plate for the back of a car instead of two for the front and back. The effort was billed as an effort to save metal for the war effort. The war was making its presence known in other ways. New car tires were also being rationed. And starting that February only drivers holding gas rations good for 601 miles per month could get new tires with exceptions made for “highly essential occupations.” Also, Joy Cayler and her Swinging Coeds – “an all-girl” band – had recently played the Balinese Ballroom at the Hotel Claridge. Smith & Nephew to Buy ArthroCare in $1.5B Deal British medical technology company Smith & Nephew plans to buy U.S. medical device maker ArthroCare in a $1.5 billion deal that it says will strengthen its sports medicine business. Smith & Nephew said Monday it will pay $48.25 in cash for each share of ArthroCare Corp., which is based in Austin, Texas. Smith & Nephew PLC said ArthroCare's expertise in shoulder joint repair will complement its strength in knee repair. ArthroCare has 35.4 million shares outstanding, counting options and restricted stock, according to Smith & Nephew spokesman Charles Reynolds. Smith & Nephew values the deal at $1.7 billion counting ArthroCare's cash. It expects the acquisition to close by the middle of the year. ArthroCare makes surgical devices, instruments and implants and employs about 1,800 people. The company announced on Jan. 7 that it will pay a $30 million fine to resolve an investigation by the U.S. Department of Justice into alleged securities fraud by its former management. The Justice Department also is charging the company with one count of conspiracy to commit securities fraud and wire fraud, but it has entered into a twoyear deferred prosecution agreement with No other Memphis-based CPA firm has a longer legacy of providing assurance,tax and advisory services to the Mid-South community. ArthroCare. If the company meets requirements set by the Justice Department, it won't bring charges against the company. ArthroCare has said that deal will end the Justice Department's investigation, which was first made public in December 2008. Wright Medical Buys Solana, Plans to Acquire OrthoPro Arlington-based Wright Medical Group Inc. has closed on its agreement to acquire Solana Surgical LLC of Memphis and has entered into a definitive agreement to acquire OrthoPro LLC of Salt Lake City, the company announced Thursday, Jan. 30. Under the terms of the Solana acquisition, Wright acquires all of Solana’s outstanding equity for about $90 million, consisting of $47.6 million in cash and $42.4 in Wright common stock. The same basic arrangement applies to OrthoPro for $36 million in cash, with $32.5 million paid at closing and up to $3.5 million more in cash contingent on revenue milestones included in the agreement. The OrthoPro agreement is expected to close in a year, according to a statement from Wright. Both companies add to Wright’s foot and ankle portfolio, increasing the company’s focus on the surgical podiatric market. Wright Medical executives are ex- www.thememphisnews.com February 7-13, 2014 3 Get news daily from The Daily News, www.memphisdailynews.com. weekly digest DON’T JUST READ THE BUSINESS SECTION. pected to provide more details about the acquisitions, as well as what the coming integration will mean for Wright’s relocation from Arlington to Memphis, during the company’s Feb. 24 earnings conference call. Smucker Files $16 Million Permit for Plant Expansion The J.M. Smucker Co. has filed a $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven. No contractor or architect was listed on the permit, which is the first in Smucker’s plan to invest $41 million to upgrade its peanut butter production lines. The Economic Development Growth Engine of Memphis and Shelby County in mid-January unanimously granted the Orrville, Ohio-based company an amended payment-in-lieu-of-taxes agreement for 15 years on personal property and 13 years on real property. In addition to 42 new positions, which will have an average wage of $52,545, created through the expansion, Smucker will maintain its existing 61 employees. The approved tax freeze will save Smucker $13 million, but the company will still pay an estimated $16.2 million in taxes to the city and county over the length of the PILOT. The company said 25 percent of the company’s planned $21.5 million in discretionary spending will be with women- and minority-owned businesses. Kemmons Wilson School Becomes Independent The University of Memphis is making the 10-year old Kemmons Wilson School of Hospitality and Resort Management an independent school within the university. The school has its own bachelor’s degree curriculum with 60 credit hours of coursework. The coursework had been a third of that previously. With the autonomy, the school will also offer concentrations in event management, lodging, and food and beverage services. The Kemmons Wilson School had been a part of the Fogelman College of Business and Economics since it was founded. The school is housed in a full-service hotel and conference center on the university campus and is named for the late founder of Holiday Inn. His son, Kemmons Wilson Jr., said in a statement that the school’s goal is “a realworld environment within an academic setting.” Dr. Radesh Palakurthi, professor and director of the school, said the status as a separate school means it has achieved “the critical mass it needs to offer a more focused program in hospitality and resort management.” Gibson Guitar Launches ‘Government’ Brand Gibson Guitar Corp. has launched a “Government Series” Les Paul guitar commemorating federal agents raiding the Gibson factories in Nashville and Memphis. The guitar – which is available in a “Government Tan” color – is made from wood confiscated during the raids in Nashville. "Great Gibson electric guitars have long been a means of fighting the establishment, so when the powers that be confiscated stocks of tonewoods from the Gibson factory in Nashville – only to return them once there was a resolution and the investigation ended – it was an event worth celebrating,” Gibson said in a statement. The Nashville-based guitar maker was raided by U.S. Fish and Wildlife Service agents on allegations it violated the Lacey Act, which requires U.S. companies to comply with other countries’ environmental export restrictions. While denying wrongdoing, Gibson agreed to pay a $300,000 penalty and other fines. The Government Series II Les Paul, which will sell for around $1,099, features a pickguard that is “hot-stamped in gold with the Government Series graphic – a bald eagle hoisting a Gibson guitar neck.” Fred's Says Bad Weather Hurt Sales, Profits Fred's Inc. said Thursday that its sales were hurt in January by bad weather that also cut into the retailer's profit for the quarter. The discount retailer said that the rough weather disrupted consumers' shopping habits and led to the closure of more than 120 stores during the final week of the month. Fred's, based in Memphis, Tenn., operates 704 discount general merchandise stores in the southeastern U.S. The company said that its revenue from stores open for at least a year fell 1.8 percent in January. That measure is a closely watched gauge that strips away the impact of recently opened or closed stores. Analysts polled by Thomson Reuters were anticipating a 1 percent decline. Fred's adjusted its January results to eliminate the first week of the month to make it comparable with those of the prior year. CEO Bruce Efird said that prior to the last week of January, the company's sales were running in the middle of the company's forecast but fell sharply in that final week due to bad weather. He said that the drop in sales should reduce the company's earnings for its fourth quarter by 3 cents per share. Fred's now expects earnings between 13 and 16 cents per share for its fourth quarter. Analysts polled by FactSet were anticipating earnings of 18 cents per share. 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Call 888-774-3852 or visit www.auction.com/sell USE THE SEARCH CODE TO EASILY FIND A FEATURED ASSET Simply enter the code in the Auction.com search bar $2M Building Permit Filed For Indoor Sports Facility Memphis, TN SEARCH CODE: 3BD/2BA • SFR 1613251 Original Principal Balance: See Website Estimated Opening Bid: $50,000 WWW.AUCTION.COM/TNTRUSTEE ExAMPLE: 1613251 The nation’s leading online real estate marketplace. DISCLAIMER: No representations or warranties are being made regarding the accuracy or completeness of any information provided. Property information provided by Auction. com has been gathered from a variety of sources and has not been independently verified. Information may not describe the correct property or depict the condition of the property as of the time of sale. All properties are sold “AS IS, WHERE IS, WITH ALL FAULTS AND LIMITATIONS” and all sales are “FINAL, SUBJECT TO APPLICABLE LAW”. Prospective bidders are responsible for investigating all matters related to the properties before bidding. No prospective bidder may trespass on the property, disturb the occupants, or contact the borrowers to obtain information about the property. It is recommended that prospective bidders seek professional advice and fully understand the foreclosure process and foreclosure sales. Subject to the Auction Terms and Conditions applicable to this event. Value Based Bidding may not apply to all properties. Auction.com (Licensed under the following names: Auction.com, LLC, Auction.com, Inc., Auction.com, Ltd., Auction.com, Real Estate Disposition Corporation, and REDC) 1 Mauchly, Irvine, CA 92618 (800) 499-6199 www.Auction.com. TN RE Brkr Michael E. Carr 317462; Auction Firm 5430; Auctioneer Michael E. Carr 4573. 01162014 www.thememphisnews.com 4 February 7-13, 2014 weekly digest Get news daily from The Daily News, www.memphisdailynews.com. at 45,094 square feet. No architect or contractor is listed. Misenhelter last year bought the 5.6acre site east of Grays Creek on Walnut Grove Road to build Wesscorp Sports & Office Property. The development will include a climate-controlled indoor sports facility with turf soccer field and three separate areas for sports programs. The site also has two outparcels dedicated for office and medical development. Misenhelter filed a $2.3 million construction deed of trust through BankTennessee on Jan. 8, and the sports facility is expected to be fully operational in July. Source: The Daily News Online & Chandler Reports Prudential Collins-Maury Joins Coldwell System Prudential Collins-Maury has joined the Coldwell Banker Real Estate system and will now be known as Coldwell Banker Collins-Maury. “I started the process of exploring affiliation with the Coldwell Banker brand over the last six months and included our management team in the process,” said Doug Collins, president and CEO of Coldwell Banker Collins-Maury. “At the end of the review process, Coldwell Banker was a unanimous decision.” Collins, a former president of the Memphis Area Association of Realtors, shared the news with his staff Tuesday, Feb. 4. The Collierville-based firm, which has nearly 100 agents working in offices in Collierville, Memphis and Southaven, is coming off a strong year in which its sales volume increased by 16 percent to more than $243 million, the best year in the company’s history. High School Hoops Tourney Coming to FedExForum Some of the best high school basketball teams from Shelby County will compete at FedExForum for bragging rights in the SCIAA Fever Basketball Tournament Sunday, Feb. 9. Formerly known as the MIAA City Championships, 2014 will mark the inaugural SCIAA Fever tournament, a winner-take-all style tournament dating back to the 1960s. Past stars of the MIAA City Championships include Memphis’ own Larry Finch, Larry Spicer, John Gunn, James Bradley, Andre Turner, Todd Day, Cedric Henderson, Penny Hardaway and Elliot Perry. The tournament will consist of three girls games and three boys games. Tipoff will begin at 12:15 p.m. with a 16A girls game and conclude that evening with the 16AAA boys game featuring White Station High School, Tennessee’s top-ranked team and the No. 4 team in the nation. During the marquee match with White Station High School, the SCIAA will present the Court of Legends, a special presentation honoring NBA athletes from Shelby County, including Todd Daye, Elliot Perry, Penny Hardaway and Keith Lee. Tickets, which start at $12 and are valid for all six games, are available through Ticketmaster and the FedExForum box office. Ashley Furniture Outlet to Close The Ashley Furniture HomeStore Outlet location at 5228 Summer Ave. inside Perimeter Center is closing its doors due to a “lost lease.” The store, located near Summer and White Station Road, launched a closing sale on Thursday, Feb. 6. The sale will feature a large selection of furniture, bedding and accessories sold at discounts of up to 90 percent. A statement about the store closing did not mention a specific closing date, and the Summer Avenue closing does not affect the three other Memphis-area Ashley stores. “The lost lease in this location in no way reflects on the brand,” said Shawn Roberts, regional vice president of Ashley HomeStore Outlet, in a statement. Council OKs ‘Tax Dead’ Anti-Blight Program The Memphis City Council on Tuesday, Feb. 4, approved an anti-blight grant program for “tax dead” properties – properties with more in back taxes and associated fees than the property is appraised for or could ever be sold for. The five-year pilot program, which was approved last month by the Shelby County Commission, offers up to $200,000 a year to fund grants to community development organizations in the amount of the back taxes and fees due, which are then paid back to the city and county. The program would offer another pool of $100,000 a year in grants to pay property taxes on the properties for the next five years. The program now goes to the Tennessee attorney general’s office for legal review, then back to both city and county bodies for another vote. In other action, council members sent back to committee a proposal by Bill Boyd that would have waived the new monthly streetlight fees on Memphis Light, Gas and Water bills for recently annexed residents of South Cordova in areas without street lights. Harrison Creek Apartments Sell for $4.4 Million The 382-unit Villages at Harrison Creek apartment complex on Jackson Avenue in Raleigh has been purchased by an Illinoisbased entity named AMG Memphis LLC for $4.4 million. AMG bought the Class C complex in a Jan. 31 special warranty deed from JK Financial LLC and SK Financial LLC, which had acquired it in a 2011 foreclosure sale for $3.9 million. The purchase includes three main parcels and 0.2 acres of vacant land on the east side of Jackson Avenue north of Gragg Avenue. The largest parcel, 3807 Jackson, is a 6.76-acre site containing 208 apartment units built in 1964 and totaling 154,984 square feet. The Shelby County Assessor of Property’s 2013 appraisal is $1.8 million. The 3923 Jackson Ave. parcel is 2.9 acres and contains 98 units totaling 63,206 square feet. The phase was completed in 1966 and has an appraised value of $1.2 million. Last, the 3881 Jackson Ave. parcel is 2.6 acres and contains 76 units totaling 45,168 square feet. The phase was completed in 1964 and has an appraised value of $1.2 million. In conjunction with the purchase, AMG Memphis LLC filed a $3.2 million deed of trust, assignment of leases and rents, and security agreement through Thorofare Asset Based Lending Fund III LP. Adam M. Glickman signed the trust deed as manager of AMG Memphis. Pearl Shaw Named To Tennessee Lottery Board Gov. Bill Haslam has appointed Pearl Shaw to serve on the board of the Tennessee Education Lottery Corp. Pearl Shaw is co-author, along with Mel Shaw, of “Prerequisites for Fundraising Success: The 18 Things You Need to Know as Fundraising Professional, Board Member, or Volunteer” and “The Fundraiser’s Guide to Soliciting Gifts.” The Shaws also write the “FUNdraising Good Times” column that runs Tuesdays in The Daily News and weekly in The Memphis News. St. Louis School Files Permit for New Facility of Art, The Venue Apartments and the Habitat for Humanity of Greater Memphis ReStore, which sells a variety of donated goods to support Habitat’s mission to provide housing for families in need. The Modern West team of Laura Miller and Jess Vandenberg finished second, and the Handmade American team of Sam Herwehe and Evan Lebaroff captured third place. The Venue Apartments awarded $1,000 and six months of free rent to the firstplace team, $600 to the second-place team and $300 to the third-place team. The contest allowed students to showcase what they’ve learned in the classroom on a real-world canvas. The Venue provided the three teams with $500 for materials and $50 for supplies, plus a $100 gift certificate and a discount at the Memphis ReStore. The teams were also given a “mystery item” – an identical chest of drawers – to incorporate into their designs. Fred’s Offering Free Blood Pressure Screenings Fred’s Pharmacy is offering free blood pressure screenings at all 360 of its pharmacies during February. To encourage participation, fred’s will donate $1 to the American Heart Association for each screening. The campaign is the beginning a long-term effort by the company to help educate people about being conscious about their heart’s health, and each person screened will have an “I am Heart Smart” name card displayed at the pharmacy to show the progress of the campaign in that location. In addition to the free screenings and financial donation, fred’s Pharmacy also has partnered with the American Heart Association to create a special website, freds. toolsfortheheart.org, that features a “My Life Check” evaluation. St. Louis Catholic School has filed a $2.4 million building permit application for a multipurpose building on its campus at 5192 Shady Grove Road. The permit application filed with the city-county Office of Construction Code Enforcement lists the building as including administrative offices, a multiuse room, snack bar and recreation-type facility. Philadelphia, Miss.-based W.G. Yates & Sons Construction Co., which has an office on Poplar Avenue, is listed as general contractor. Started by the Dominican sisters in 1957, the Catholic school is on the northwest corner of Shady Grove and South White Station Road, adjacent to St. Louis Catholic Church. In March 2012, the school broke ground on a junior high wing that added eight classrooms, a science lab, music room and other amenities. St. Louis currently has more than 500 students in preschool through eighth grade, according to the school’s website. The Memphis chapter of Black Girls CODE will host its first workshop for the 2014 program year Feb. 22 at the Whitehaven branch library, 4120 Millbranch Road. This class will focus on how to build a website. Check-in will start at 9 a.m., and class starts at 10 a.m. Thanks to a grant from the Memphis Chapter of the Society of Information Management, the Whitehaven branch is partnering with Black Girls CODE to offer scholarships to 50 girls ages 10 to 17. MCA Design Contest Winners Announced Bartlett Mayor’s Son to Lead McDonald Insurance After hours of design and construction time, two open houses and more than 8,000 votes cast, a contest that allowed Memphis College of Art students to redesign real apartments has come to a close. Voters awarded the Double M team of Bailey Brocato and Ethely Lyons first place in the ReStore for More design contest, a competition created by Memphis College Brooks McDonald is leading McDonald Insurance of Bartlett following the retirement of his father, Keith McDonald, after 32 years of running the firm. The younger McDonald is a 10-year insurance industry veteran. The business has 10 employees and a satellite office in Covington, Tenn. Keith McDonald continues to serve as For more local and national news, visit www.memphisdailynews.com Black Girls CODE to Host Web Design Workshop www.thememphisnews.com February 7-13, 2014 5 Get news daily from The Daily News, www.memphisdailynews.com. Bartlett mayor and will seek re-election to another four-year term in the November Bartlett elections. Target Taking Actions On Security, Exec Says An executive of Target Corp. said Tuesday the retailer has taken actions to shore up security following the massive breach of millions of consumers' data during the holiday season. The testimony at a Senate hearing by John Mulligan, executive vice president and chief financial officer at the No. 2 U.S. discounter, also revealed that Target discovered an additional 25 cash registers infected by malicious software on Dec. 18. The company had said earlier that it had removed all the malware from its system by Dec. 15. Mulligan's testimony before the Senate Judiciary Committee was the first public appearance by a Target executive addressing the issue since the breach that occurred between Nov. 27 and mid-December. An estimated 40 million credit and debit card accounts were affected. Mulligan said Target is "deeply sorry" for the effect of the data theft on consumers, and he acknowledged that their confidence in the Minneapolis-based company has been shaken. Sen. Patrick Leahy, D-Vt., the panel's chairman, said the erosion of consumers' confidence — with data breaches on the rise affecting retailers, Internet companies and others — could hinder the U.S. economy's recovery. Nichols Named New Deputy District Attorney Jennifer Nichols is the new deputy district attorney general in the Shelby County District Attorney General’s office. District Attorney General Amy Weirich appointed Nichols to the No. 2 position in the county prosecutor’s office Monday, Feb. 3, succeeding Carter Myers, who is retiring after 30 years in the office. Nichols has been chief prosecutor for the office’s Special Victims Unit. She joined the Shelby County prosecutor’s office in 1991 after earning her law degree from Cumberland School of Law at Samford University in Birmingham and practicing law in Florida. She and Weirich shared an office at the start of their careers as prosecutors. Victorian Village to Host Fundraiser Feb. 23 Victorian Village Inc. on Feb. 23 will host a fundraiser dinner called A Taste of Elegance, a farm-to-table period dinner benefiting Victorian Village Inc. Community Development Corp. The event will be held inside three of the Victorian homes on Adams Avenue. The Mallory-Neely House will provide the backdrop for the charcuterie course, the 1871 Woodruff-Fontaine House will host a dinner and the newly renovated James Lee House will offer desserts. The menu will be period-inspired, and Victorian dress is welcomed. Tickets are $125 and can be purchased at victorianvillageinc.org. All three homes will be open for tours during the event. Dunavant Transportation Hires Recruitment Specialist Dunavant Transportation Group has hired Darlene Beasley as its new driver recruitment and relations manager, responsible for the recruitment and retention of drivers for its Dunavant Sea Lane Express subsidiary. Dunavant Transportation Group acquired Sea Lane Express, which specializes in regional trucking and intermodal drayage operations, in 2011. The company currently has terminal operations in intermodal and port cities including Atlanta and Savannah, Ga., Norfolk, Va., Charleston, S.C., Charlotte and Wilmington, N.C., and Nashville. Beasley, who most recently served as the regional manager of field recruiting for Comcar Industries, will analyze each terminal’s needs for driver recruitment based on customers’ freight requirements. Grizzlies’ Joerger Named Conference Coach of Month Memphis Grizzlies coach Dave Joerger was named the Western Conference Coach of the Month for January. Joerger guided Memphis to an NBAbest 12-3 record (.800) during the month of January, as the Grizzlies won five consecutive games and nine of their last 10 to close out the month. Memphis tied its franchise record for January wins and finished just one victory shy of the franchise record for wins in any month (13 in March 2004 and April 2012). The Grizzlies also won six consecutive road games from Jan. 5-31, the secondlongest road winning streak in franchise history. The Grizzlies held all six opponents to 90 points or fewer, including allowing just 77 points on the road against the Milwaukee Bucks on Jan. 15 in the second game of a back-to-back. Memphis emerged as one of the stingier defenses in the month of January, holding opponents to 91.5 points per game on just .431 shooting from the field and .311 shooting from behind the arc. After the return of center Marc Gasol from injury on Jan. 14, Memphis held opponents to a league-low 86.3 points per game. tions Board determined that the UAW and Volkswagen didn't violate federal labor laws last year during the process of moving toward a union representation vote. Board Changes Stance On Teacher Licensing The Tennessee Board of Education has changed its stance on rules effecting the licensing of teachers. In August, the board voted for the policy brought by the state Education Department to use student growth measured through standardized test scores, or value-added data, to determine renewing teaching licenses. The board voted at the time to delay implementation of the new rules until 2015. But The Tennessean reports the board voted to step away from the new policy. The vote was on first reading and the board is scheduled to take up the issue again in April. Many teachers opposed the changes because they were concerned that flawed scores could cause qualified teachers to mistakenly lose their licenses. Despite the board's new position, the Tennessee Education Association, the state's largest teachers' union, says it will still push a measure this legislative session that would prevent the state from taking teachers' licenses based on "any statistical estimate utilizing standardized test scores." Miss. Senate OKs Adding 'In God We Trust' to Seal The Mississippi Senate voted Friday, Jan. 31, to add "In God We Trust" to the state seal, as requested by Republican Gov. Phil Bryant. Currently, it has an eagle and the words, "The Great Seal of the State of Mississippi" without a slogan. Senate Bill 2681 passed the Senate 480, with four senators absent. It was set to move to the House for more work. The bill is called the "Mississippi Religious Freedom Restoration Act," and it says government may not burden a person's right to practice religion. Its chief sponsor is Republican Sen. Phillip Gandy, who is minister of Liberty Baptist Church in Waynesboro. Gandy said he has heard no examples of Mississippi government trying to limit religion, but he has talked to some conservative Christians – particularly Pentecostals and Baptists – who are concerned. "Times are changing, and Christians are afraid of a lot of different things. And some of that is reality, possibly, and some is perception. But we want to do what we can," Gandy told The Associated Press after the bill passed. Some senators, including Democrat David Jordan of Greenwood, pointed out during the debate that the U.S. Constitution already guarantees freedom of religion. Read to your baby. It’s amazing how much you’ll both learn. Go to TUCI.org for a copy of the Parents Guide to Kindergarten Readiness. Tennessee VW Workers To Hold Union Vote The United Auto Workers says employees at Volkswagen's Chattanooga plant will vote Feb. 12-14 on whether they want the union to represent them. The Detroit-based UAW said Monday that the National Labor Relations Board set the election. The vote follows an agreement between the UAW and the Germany-based automaker, which decided not to challenge a unionization vote. UAW President Bob King says a statement that Volkswagen "is known globally for its system of cooperation with unions and works councils." The UAW says the Chattanooga plant is VW's only major U.S. facility without a union. Last month, the National Labor Rela- weekly digest Dependable. Compassionate. Experienced. Maintain your loved ones routine in familiar surroundings with peace of mind. (901) 737-3990 www.eaglemedicalstaffing.com www.thememphisnews.com 6 February 7-13, 2014 contributors F e b r u a r y 7 - 1 3 , 2 0 1 4 , V O L . 7, N O . 7 news E d u c at i o n President & CEO P e t e r Sc h u tt General Manager Emeritus Ed Ra i ns Publisher Eric Ba r nes bill dries Senior Reporter Government, Education, Manufacturing, Agribusiness 528-5277 | bdries@memphisdailynews.com Associate Publisher & Executive Editor Ja m es Ove rstr eet Martin Challenges Dropout Premise Bill Dries bdries@memphisdailynews.com Managing Editor L a n c e All a n W i e d owe r Deputy Managing Editor Eric S m i th Associate Editor K at e S i m o ne Graphic Designer & Photo Editor B ra d J o h nso n andy meek Senior Reporter Banking/Financial Services/Accountants, Markets & Economy, Economic Development, Small Business 528-5279 | ameek@memphisdailynews.com Graphic Designer Y v e t t e To u c h e t Senior Production Assistant Sa n dy Yo u ng blo o d Production Assistant L aurie B ec k AMOS MAKI REPORTER Public Notice Director DON FANCH E R Commercial and Residential Real Estate, Architects/ Engineers/Construction 521-2464 | amos@memphisdailynews.com Senior Account Executive JANICE J E N K INS Account Executive LUCY B L ACK MON Business Development Manager Pat rici a m c k i nney Marketing Manager L e a h Sa ns i ng Controller/Human Resources PAM MA LL E TT DON WADE Reporter Health Care, Sports & Entertainment, Hospitality/Tourism, Nonprofits 528-8622 | dwade@memphisdailynews.com Administrative Specialist MARSHA PAY N E Circulation Coordinator K AY E K E RR Pressman C EDRIC WA LS H Pressman P ET E MITCH E L L Published by: THE DAILY NEWS PUBLISHING CO. 193 Jefferson Avenue Memphis, TN 38103 P.O. 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U niversity of Memphis interim President Brad Martin says the premise that students coming out of high school are academically unprepared for higher education may not be as prevalent as it’s believed to be. And he adds that the university’s experience indicates students leave without graduating because of other factors. “That’s a common belief. I’m not sure that’s true. I’m not sure that students are any less prepared for college than students were when I went to college,” Martin said on the WKNO-TV program “Behind the Headlines.” Martin is a 1976 graduate of the university. “When we look at the academic performance of our students who do not graduate, invariably, it’s not just academics,” he said. “It’s financial. It is family. It is some sort of an emotional or social issue that’s come up. Only probably about 10 percent of our students that do not finish clearly can’t do the work or have not been able to do the work at that level.” The program, hosted by Eric Barnes, publisher of The Daily News, can be seen on The Daily News Video page, video. memphisdailynews.com. Martin, who became interim president of the city’s largest institution of higher learning in July, set a basic goal of growing the university from its current enrollment of 22,000 students and bringing the school’s graduation rate from the mid-40s to the national average of 54 percent. Central to those two goals, Martin believes, is no tuition increase on his watch, which is expected to be about a year. “We are not going to raise tuition this coming year. We think enough is enough,” he said. “We’re very serious about growing our enrollment, improving our success rate and that will generate incremental revenue dollars in tuition and incremental revenue dollars from the state.” Martin is also critical of higher education’s rise in price, which he said has increased nationally more than the cost of providing that education has increased. “I think those days are over,” he said. “But the University of Memphis is still a bargain. It’s a fair bargain, and we have substantial federal programs, state programs and generous scholarships have been provided by donors.” The state provides $5,000 in funding a year for every student, out of $9,000 annual tuition for in-state students. Martin is among higher education leaders who would like to see Tennessee forget about the state line when it comes to tuition for students who live in metro Memphis but on the other side of a state line. He estimates about 1,000 university students live in the greater Memphis area but in Arkansas and Mississippi. “When we look at the academic performance of our students who do not graduate, invariably, it's not just academics. It's financial. It is family.” –Brad Martin “I don’t even understand how the concept of an in-state or out-of-state student works in 2014 when so much of our education is online,” Martin said. “What’s the digital border between north Alabama and Memphis if you are taking three classes online? I think it’s nuts.” The state does not contribute to the university’s cost of educating those students who pay more in tuition and have an impact on the local economy. “Those people are going to be school teachers, nurses, scientists and engineers. They are going to work in this greater Memphis community,” he said. “We are desperate to have more college-educated workers in the greater Memphis community. The state contributes not a dime to the operating costs of us serving those 1,000 students.” Tuition is two-thirds of the university’s revenue pool, with the other third coming from state funding. State funding has declined and university tuition has increased every year for the last 22 years. Martin has also made cuts in the university’s payroll. As enrollment at the University of Memphis has dropped, Martin said the faculty has increased 6 percent since the 2008-2009 academic year and staff has increased 2 percent over the same period. “We are not immune from the laws of economics,” Martin added, saying no tuition hike should increase the university’s revenue flow. “I think you will find that with no tuition increase we will have a substantial year-over-year increase in revenues if we achieve our enrollment goals.” www.thememphisnews.com February 7-13, 2014 7 news P u bl i c C o m pa n i es He a l t h C a r e ServiceMaster Lays Off 65 In Restructuring Bill Dries bdries@memphisdailynews.com M Baptist Memorial Health Care Corp. is in the midst of installing an electronic health records system, Baptist OneCare, that is one of the more ambitious undertakings in the company’s history. (Memphis News/Andrew J. Breig) Doctors Go Digital Baptist Adopts Electronic Records System Don Wade dwade@memphisdailynews.com T he name – Baptist OneCare – really does say it all. Baptist Memorial Health Care Corp. is in the midst of installing an electronic health records system that is as ambitious an undertaking as any in Baptist’s centuryplus history. “We call it ‘one patient, one record,’” said Beverly Jordan, Baptist vice president and chief clinical transformation officer. “No matter where you are, the caregiver can see all of your records. It improves efficiency, safety and reduces overall cost of care.” At the start of the year, Baptist’s four minor medical centers began using the new system designed by software vendor Epic Systems of Verona, Wis. Also coming online early this year were more than 50 clinics staffed by Baptist Medical Group doctors in metro Memphis, West Tennessee and North Mississippi. The entire system is expected to be operational by the middle of 2015. This March, the metro Memphis hospitals, including the flagship Baptist Memorial Hospital-Memphis, are scheduled to go live with the new system. The project also involves Baptist’s financial systems. Baptist’s minor med centers actually had been using a different electronic system for the last three years, so for them this has represented a smaller change, but still a significant one. “We’ll be able to share data with hospitals,” said Dr. Monica Griffin, medical director for Baptist Minor Medical Centers. “I can pull up an X-ray that a patient had in an emergency room six months ago. Or I can compare an EKG from two weeks ago to now. That is extremely valuable.” Another key component of the new system is MyChart, a free application that allows patients to view their records, schedule appointments, refill prescriptions and even send messages to their medical providers. All from their computers or mobile devices. “Some people will be robust users of the technology,” Griffin said. “And others …” Not so much. Regardless, the movement to digital medical records has picked up momentum. According to a 2012 Centers for Disease Control and Prevention survey, only 17 percent of physicians were using an advanced electronic health records system in 2008. By May of 2013, the U.S. Department of Health & Human Services reported “more than half of physicians and other eligible professionals in the United States had received a government incentive payment for adopting, implementing, upgrading, or meaningfully using an EHR.” In addition, about 80 percent of all eligible hospitals and critical-access hospitals in the U.S. had followed suit. In 2008, the figure was just 9 percent. Epic Systems has provided EHR systems for huge health care providers such as Cleveland Clinic and the Cedars-Sinai Medical Center in Los Angeles. Griffin says Baptist’s OneCare system will help patients take a more active role in their own treatment. “You’ve got a lot of medical alerts that will pop up a warning box,” she said. “One thing Epic has is a way to display different health advisories. For example, if a patient has high cholesterol” and is due for a test. Critics of EHRs have voiced concerns about security. “We have all sorts of firewalls and security systems in effect to prevent data breaches,” Epic’s founder and chief executive, Judith Faulkner, said in an interview with The New York Times. For instance, she said, files can be viewed on laptops used by doctors but those files cannot be stored there – a precaution in the event the device were to be stolen. Faulkner added, “To the best of our knowledge, there has never been a breach of Epic’s data by a hacker.” Jordan says there is a learning curve, like with any new electronic records system, for those using it. Baptist has about 4,000 affiliated physicians. “Doctors would probably tell you the first few days were kind of rough,” Jordan said, “but that after that it’s been pretty good.” How Baptist patients respond to the system’s full installation won’t be known for some time, but Jordan said: “To the patient, it should be seamless.” emphis-based ServiceMaster Co. has laid off 65 employees and eliminated another 40 vacant positions in a restructuring of its headquarters that began Feb. 5, and was confirmed by the company Thursday. The total number of positions – 105 – amounts to 8 percent of the headquarters staff and is a result of the spin-off of ServiceMaster’s TruGreen division as a separate company, said ServiceMaster spokeswoman Alison Bishop. “With the TruGreen separation behind us, we’ve taken a fresh look at the overhead structures and associated costs to support ServiceMaster’s growth plans and ensure that we are operating effectively and productively,” Bishop said. “We recognize the need for a simpler, leaner operating model that’s in line with the scale of the new ServiceMaster.” TruGreen became a company independent of ServiceMaster with the closing of the spin-off deal Jan. 14. ServiceMaster leaders had struggled to bring the commercial and residential lawn care service back to profitability. TruGreen lost 300,000 customers in two years despite several turnaround efforts, including an overhaul of sales methods and in-office practices, across the administrations of three ServiceMaster CEOs in 2 1/2 years. Under changes that began when Hank Mullany succeeded Patrick Spainhour as ServiceMaster CEO, the company tried to transplant the successful business model and methods of its Terminix pest-control division, loaning Terminix leaders to TruGreen in a turnover of TruGreen leadership. However, instead of Terminix executives returning, the effort instead led to new leadership at Terminix, not a return of the leadership to ServiceMaster’s most prominent brand in its set of commercial and residential services. So in November, five months after he was named ServiceMaster CEO, Rob Gillette announced TruGreen would be an independent company by the end of 2013. The irony was that it came just as TruGreen showed its first year-over-year increase in revenue in more than two years. Nevertheless, the bump in revenue didn’t make a dent in the declining customer count. TruGreen President David Alexander, at the time, called the spin-off “the best possible move for both ServiceMaster and TruGreen.” “We’re in charge of our own destiny,” Alexander added in the November earnings call with analysts. The layoffs appear to be the public start of the move to restructure ServiceMaster toward that destiny. www.thememphisnews.com 8 February 7-13, 2014 E d u c at i o n A dv e rt i s i n g Cohen Against Haslam’s College Plan More Than 30 Seconds Bill Dries Kitty Taylor and Natalie Cunningham bdries@memphisdailynews.com Special to The Memphis News T he legislator who pushed and finally won passage of the Tennessee Lottery a decade ago doesn’t like the plan by Tennessee Gov. Bill Haslam to use most of the lottery reserve for an endowment to offer two years of community college free to every Tennessee high school graduate. U.S. Rep. Steve Cohen, D-Memphis, specifically has a problem with the part of the Tennessee Promise plan that would cut the amount of money the lottery-funded Cohen HOPE scholarship would pay for the first two years of college. Haslam’s proposal would cut that amount by $2,000 but then increase the amount the HOPE scholarships pay for the third and fourth years of college by $2,000 a year. “I am extremely concerned and remain cautious about any plan that would make it harder for our state’s proven young people to begin attending the best universities in Tennessee,” Cohen said in a written statement. “Or any plan that places additional financial burden on schools like the University of Memphis, which are already struggling to keep costs down and provide high quality educations.” Cohen proposed and pushed for passage of the state lottery law including the establishment of the HOPE scholarships as a Tennessee state senator. And since leaving Nashville for Washington, Cohen hasn’t hesitated to express his opinions about changes to the lottery and the scholarships. Haslam made the Tennessee Promise the centerpiece of his State of the State address Monday. He also said the state still has to sell many Tennesseans on the necessity of some college or training after high school graduation to fill new manufacturing jobs Haslam has made the priority of his economic development efforts. To do that, Haslam is making the offer of free community college for two years and lowering the amount of HOPE scholarships in those first two years of college at four-year institutions. Cohen sees it as “raiding the scholarship fund’s surplus to create a new government program.” Instead, Cohen said he’s told Haslam the surplus should be used to either raise the income cap for eligibility for the scholarships or to raise the Aspire Awards funded by the lottery that go to low- and middle-income students. State Senate Democratic leader Jim Kyle of Memphis, meanwhile, has said he is “pleased” with the proposal. And Kyle does not think the emphasis on community colleges comes at the expense of four-year colleges and universities. “We’re leveraging our assets to get a bigger bang for the buck,” Kyle said. cohen continued on P28 Super Bowl ads go beyond traditional to tell story I t’s official. Super Bowl advertising is no longer a one-night event. The marketing strategies that reigned supreme in Super Bowl XLVIII took the better part of January to accomplish and are still unfolding online even this week. The real story is what this year’s advertisers did outside of the multimillion-dollar TV spots. We saw more brands than ever taking advantage of realtime rhetoric with their fans, marking a historymaking shift in the way companies communicate during the Super Bowl. With many major advertisers using social media to tease their #SB48 commercials well before game day, the rising ratio of digital to traditional media has never been this high. Official advertisers and non-advertisers alike manned interactive digital war rooms for the duration of the evening. Indeed, this year’s Super Bowl advertising story is simple: It’s what happened outside of the 30-second commercials that is most interesting. Here are the two major ways we observed brands stepping up their game: These Companies Smacked Brand Perception in the Face The first to acknowledge its reputational shortcomings, Radio Shack acknowledged its mundane image with self-deprecating humor and a slew of ’80s celebrities. In the hilarious spot called “The Phone Call,” we watched and laughed as “the ’80s called and said they want their store back.” While the commercial was entertaining and brave, the real conversation happened on Radio Shack’s social media outlets. Just seconds following the broadcast of its ad, Radio Shack tweeted, “Out w/ the old, #InWithTheNew! For the next 24hrs, we're giving away all our old ’80s stuff,” extending their 30-second spot for another day. In a different approach, Audi introduced its new A3 model, a car at an entry-level price that still boasts premium German engineering. The luxury carmaker needed to foster a more approachable perception to drive sales within an expanded demographic. In a brand-atypical move, Audi chose Snapchat, arguably a Millennial-focused service, as its social media tool of choice, being among the first big brands to show interest in this up-and-coming platform. Twitter simply served to refer consumers to the conversation happen- ing on Snapchat. This isn’t the first time Audi touts a Super Bowl social media first – it claims that in the 2011 game, it was the first company to use a Twitter hashtag in its ad. These Companies Just Made You Social Ads were noticeably devoid of traditional “calls to action.” Instead we saw a groundswell of real-time conversation and connection, or at least the illusion of being authentically “in the moment.” Rather than asking consumers to buy, select advertisers gave us something to talk about with a series of risky – but potentially high-reward – stunts. Let’s start with J.C. Penney. Its brand buzz happened entirely off the airwaves. With just two tweets containing nonsensical typos, J.C. Penney stole attention with what was initially perceived to be a drunken social media staffer. Other big brands even engaged, including Pizza Hut, Coors Light and Doritos, brightening the spotlight as J.C. Penney rode the (odd) wave until it unveiled its #TweetingWithMittens stunt at halftime. The highly retweeted “Go USA” mittens photo painted a thousand words. It’s too soon to tell whether this stunt will translate into increased sales for the struggling retailer, but J.C. Penney certainly claimed relevance at a time when its brand is not top of mind for many consumers. Another buzz-worthy stunt that helped break up the monotony of the uneventful game was the #HumanDoritosChip photobomb. The snack brand known for its bold style dressed about 50 game-goers in orange jackets, forming an audience blob that when photographed from overhead looking like an oversized chip. With the tweet “Are we making you hungry?” Doritos kicked off a fan conversation online that lasted the entire game and showed immensely more creativity than what it brought to the game through its TV ads. Newcastle completely bucked tradition. Bragging that it couldn’t afford to purchase Super Bowl TV ads, the U.K. beer-maker owned the realm of online campaigning before and during the game. With its audacious #IfWeMadeIt series, Newcastle capitalized on the sport of Super Bowl ad-watching by releasing parodies of some of the night’s most-talked-about commercials. We’d wager a bet that the brand’s “no bollocks” attitude garnered more attention than a traditional 30-second spot and without the hefty price tag. It’s impossible in this column to address every brand’s performance. We acknowledge that many advertisers elected to go with the tried-and-true formula for Super Bowl commercials. They appealed to our emotions (Cheerios, Bud Light) and they deployed celebrities to appear as their spokespeople (Stephen Colbert for Wonderful Pistachios, Bruce Willis for Honda, the Full House cast for Dannon, and Ellen DeGeneres for Beats Music, to name a few). While the tried-and-true formula had its own winners and losers, we hope you agree – the magic this year took place outside of the 30-second ad spots and on our “second screens.” Kitty Taylor and Natalie Cunningham are account executives at RedRover Sales & Marketing. Taylor is the lead public relations strategist and Cunningham is the lead digital media strategist for the award-winning downtown agency. www.thememphisnews.com February 7-13, 2014 9 Re a l E s tat e Office Occupancy Ends 2013 on High Amos Maki amos@memphisdailynews.com A n unusually strong fourth quarter helped push the overall Memphis office market occupancy rate into positive territory for 2013, according to year-end commercial real estate market reports. The Memphis market recorded absorption of 225,338 square feet in the fourth quarter – the largest positive absorption the market has experienced during any quarter in more than 10 years – to end the year with positive net absorption of 40,558 square feet, according to CB Richard Ellis Memphis. A series of large transactions led to the high fourth-quarter total. Wright Medical Group Inc. leased 122,653 square feet for its new headquarters at 1023 Cherry Road in East Memphis. The state of Tennessee also signed its lease for 100,000 square feet at One Commerce Square Downtown for its relocation from the Donnelley J. Hill State Office Building, backfilling part of the 170,000 square feet vacated by Pinnacle Airlines. Other significant leases in the fourth quarter included Financial Federal taking 27,055 square feet at 1715 Aaron Brenner Drive in the Renaissance Center, Trustmark Bank leasing 12,622 square feet at 5350 Poplar Ave. and Legacy Wealth Management leasing 7,674 square feet in the Renaissance Center. “It was the biggest quarter we’ve had in 10 years, but it didn’t come from healthy, robust, across-the-board activity,” said Ron Kastner of CBRE Memphis. “There were two really large deals, the state of Tennessee and Wright Medical, and it’s great to have them, but I think folks would say it’s better if it was 25 smaller deals.” The vacancy rate for Class A space in the East submarket dipped 5.4 percent, which could help improve the position of Class B properties or lead to new office construction. “With the Class A tightening, you’ll see tenants starting to look at Class B,” said Ron Riley of Colliers International Memphis. “I think it’s possible we may hear of a building in 2014, but there are significant hurdles to overcome. That building will have to be preleased at 50 percent or more.” Meanwhile, the Memphis industrial market remained in the black in 2013 with year-end net absorption of 3.2 million square feet, according to Cushman & Wakefield/Commercial Advisors. The overall market vacancy rate dropped 0.4 percentage points from the previous year to 15.1 percent. The DeSoto County industrial submarket continued to post impressive gains. DeSoto County recorded more than 3 million square feet of absorption in 2013, essentially cutting the vacancy rate in the submarket in half from 12.1 percent in 2012 to 6.4 percent by year-end, according to Commercial Advisors. DeSoto Class A bulk The Memphis office market recorded absorption of 225,338 square feet in the fourth quarter – the largest positive absorption the market has experienced during any quarter in more than 10 years. (Memphis News File/Lance Murphey) vacancies ended 2013 even lower, at 5.6 percent, down 6.2 percentage points from 2012. By comparison, the Southeast Memphis submarket ended 2013 with a vacancy rate of 15.8 percent. Industrial developers and their tenants have flocked to DeSoto County because of the availability of space and the area’s business-friendly reputation, according to Commercial Advisors. “One reason for demand is DeSoto County’s proximity to major transportation corridors coupled with the fact that it is one of the few submarkets where new space can be found,” states the Commercial Advisors report. “Furthermore, DeSoto County continues to enjoy a reputation as a pro-business suburb of Memphis which offers property tax abatements that are easy to understand and easy to obtain.” During 2013, construction deliveries totaled more than 2.8 million square feet, which is about 1.2 million square feet more than 2012 and the largest year-end delivery total since 2007, according to CBRE Memphis. Construction deliveries should continue in the first quarter of 2014, with IDI expected to complete the 861,252-squarefoot Building H at Crossroads Distribution Center and Panattoni Development Co. expected to complete a 554,000-squarefoot building at Gateway Global Logistics Center in Marshall County, Miss. The Memphis retail market closed 2013 with a net absorption of 346,846 square feet, the highest year-end total since 2010, according to CBRE Memphis. “Retail really came back strong last year,” said Brian Whaley of CBRE Memphis. Leases and purchases in and around the redeveloped Overton Square accounted for more than 125,000 square feet of transactions during 2013, according to CBRE Memphis. Grocery activity increased significantly in 2013. Cincinnati-based The Kroger Co. is investing heavily in the area, pouring around $100 million into new stores and redeveloping older ones. Kroger has replaced its store in the large Poplar Plaza retail center at Poplar and Highland Street and is planning an ambitious new store to replace its existing Union Avenue location. Kroger is also expanding its Olive Branch location at 7427 Goodman Road, increasing the store from 50,000 square feet to 75,000 square feet. In addition to Kroger, Whole Foods expanded its location on Poplar Avenue in East Memphis and is planning a new store in Germantown, while Fresh Market will convert the Ike’s store on Union Avenue to one of its upscale grocery stores. The Cash Saver grocery store on Madison Avenue in Midtown also underwent a large renovation. “It was a really busy year for a lot of factors, from increased stand-alone construction, which we haven’t seen in a while, to infill of existing shopping centers,” Whaley said. He a l t h C a r e & B i o t e c h Memphis Firm Warns of IV Saline Shortage Don Wade dwade@memphisdailynews.com M emphis-based Comprehensive Pharmacy Services, the nation's largest pharmacy services provider, issued an advisory to its more than 400 hospitals and health systems clients throughout the country to prepare for a protracted intravenous saline shortage. Greg Wenthe, a vice president with CPS, said the reason for the shortage was not known, but that there are concerns it could last for some time. “We don’t really know what’s driving it,” Wenthe said. "We've been doing this for 40 years, and we don't see a clearly defined end to the current intravenous saline shortage so we are calling on the health care facilities we serve to take immediate action to help effectively manage through this crisis," Marvin Finnefrock, divisional vice president for Clinical Services, said in a statement. "It can't be business as usual, because the shortage is lasting longer than expected, so hospitals have to immediately focus energy, beyond finding the scarce supply, on managing what they have and engaging in thoughtful measures to best serve their patients." Wenthe said CPS does have several clients in the Memphis market, but declined to name them. “Our job is help (clients) figure out how to use the best medication at the right time for a given situation,” Wenthe said of CPS. Finnefrock explained that the IV saline shortage is particularly concerning because it is one of the most commonly used drugs in patient treatments. "As other avenues are pursued, such as the Food and Drug Administration working with the manufacturers to step up production or the federal government releasing some emergency stockpiles, those solutions have hurdles and are well outside the control of health care providers, so they need to take matters into their own hands, as well,” Finnefrock added. CPS is advising medical, nursing and pharmacy staff to work together to man- “We've been doing this for 40 years, and we don't see a clearly defined end to the current (IV) shortage.” –Marvin Finnefrock, CPS age the IV saline shortage using a threepart approach involving conservation, substitution and communication. To that end, CPS is recommending that medical professionals “set up basic guidelines leading to conservation of a limited resource.” Also, hospitals are advised to put in place plans for saline substitution where practical and possible, in case the shortage worsens or lasts for long time. www.thememphisnews.com 10 February 7-13, 2014 FedExForum-Area Targeted for New Apartments Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis. An Elmington-affiliated company plans on building a 64-unit apartment complex at 362 S. Second St., south of FedExForum. A $5.4 million building permit for the project lists Patton & Taylor Construction Co. as the general contractor and Shapiro & Co. as the architect. The apartment complex could boost development efforts in the roughly 150acre neighborhood south of FedExForum, which has largely missed out on the wave of development and investment that has washed over Downtown in the last 10-plus years. Elmington Capital is also launching the roughly $10 million second phase of Crescent Bluffs, which will contain three, three-story buildings at Virginia Avenue West and Kentucky Street. In all, the second phase of Crescent Bluffs will contain 172 units. Patton & Taylor and Shapiro & Co. are also serving as the general contractor and architect on the second phase of Crescent Bluffs. Elmington Capital, a Nashville-based commercial real estate investment and development firm, launched Crescent Bluffs’ 72-unit first phase at the northeast corner of Virginia and Florida near Crump Boulevard in 2012. In leasing news, Ozburn-Hessey Logistics has signed a short-term lease for 200,000 square feet at 4880 Tuggle Road, which is part of the Memphis TradeCenter development. Ford Motor Co. also occupies space inside the 1.1 million-square-foot building. Brad Murchison of CB Richard Ellis Memphis represented the landlord, while Brian Camp at ProVenture Real Estate represented Ozburn-Hessey. In other leasing news, Seriously Fun Apparel is on the move and getting a new name. The boutique fashion store is moving from its current location at 7859 Farmington Blvd. in Germantown to the 60,724-square-foot Germantown Collection shopping center on Poplar Avenue. Betty Hays of Seriously Fun Apparel R E A L E S TAT E R E CA P Smucker Files $16 Million Permit for Plant Expansion Eric Smith esmith@memphisdailynews.com S Perkins Rd Cromwell Ave Outland Rd J.M. Smucker Co. 4789 Cromwell Ave., Memphis, TN 38118 4789 Cromwell Ave. Memphis, TN 38118 Permit Cost: $16 million Project Cost: $41 million Permit Date: Applied January 2014 Completion: TBA Owner: The J.M. Smucker Co. Tenant: The J.M. Smucker Co. Architect: N/A Contractor: N/A Details: The J.M. Smucker Co. has filed a $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven. No contractor or architect was listed on the permit, which is the first in Smucker’s plan to invest $41 million to upgrade its peanut butter production lines. The Economic Development Growth Engine of Memphis and Shelby County in mid-January unanimously granted the Orrville, Ohio-based company an amended PILOT on for 15 years on personal property and 13 years on real property. signed a five-year lease for 1,284 square feet at Germantown Collection. As part of the move, the fashion and accessories store will be renamed Betty Hays – A Style Experience. Ed Thomas and Andrew Phillips of Colliers International Memphis facilitated the transaction. Bentley Pembroke and Anna Tranum of Cushman & Wakefield/ Commercial Advisors represented the landlord, In-Rel Properties Inc. Spa Parts has leased 48,000 square feet of space at 371 Saturn Drive, which is part of the Space Center development Amos Maki owned by Olymbec USA LLC. Inked Bruce Young with Memphis Commercial and Industrial Dynamic Security Inc., represented Spa Parts, while Elliot Embry which provides a wide range of private and Hank Martin with NAI Saig Co. represecurity services, has leased 1,655 square sented Olymbec. feet at Southwind Office Plaza. In November, Olymbec acquired Don Drinkard of CB Richard Ellis the 1.8 million-square-foot Bellbrook Memphis represented the landlord, Coindustrial park for around $23.3 milhen Southwind GP. lion. In February 2011, Olymbec bought the 1.1 million-square-foot Space CenTri-State Title & Escrow Inc. has reter portfolio at 3051-3133 Tranquility newed its lease at Lynnfield Office Park in Drive from Trammell Crow Co. for $7.3 East Memphis. million. The full-service, locally owned title insurance agency founded in 1990 recently Send commercial lease announcerenewed its lease for 2,375 square feet at ments to Amos Maki, who can be reached 1255 Lynnfield Road. The company also at 521-2464 or amos@memphisdailynews. has an office on Farmington Boulevard in com. Germantown. In addition to 42 new positions, which will have an average wage of $52,545, created through the expansion, Smucker will maintain its existing 61 employees. The approved tax freeze will save Smucker $13 million, but the company will still pay an estimated $16.2 million in taxes to the city and county over the length of the PILOT. The company said 25 percent of the company’s planned $21.5 million in discretionary spending will be with women- and minority-owned businesses. 3815 S. Houston Levee Road Collierville, TN 38017 Loan Amount: $1.7 million Loan Date: Jan. 2, 2014 Maturity Date: Jan. 15, 2021 Borrower: Roller Properties LLC Lender: Community Bank, North Mississippi Details: The owner of Cecil’s Automotive at 3815 S. Houston Levee Road in Collierville has filed a $1.7 million loan on the property. Roller Properties LLC filed the deed of trust Jan. 2 through Community Bank’s North Mississippi branch in Hernando. Bradley Roller and Cecil Roller signed the deed as members of the borrower. Built in 2010, the 6,121-square-foot auto service garage sits on an acre along the west side of South Houston Levee Road south of its intersection with Winchester Road. 126 Beale St. Memphis, TN 38103 Permit Cost: $2.5 million Project Cost: TBA Permit Date: Applied January 2014 Completion: TBA Owner: Belz Enterprises Tenant: Hard Rock Cafe International (USA) Architect: N/A Contractor: W.G. Yates & Sons Construction Co. Details: Hard Rock Cafe International (USA) has filed a $2.5 million permit with the city-county Office of Construction Code Enforcement for interior renovations at 126 Beale St. The restaurant, bar and music venue will depart its current location at 315 Beale St. and move to the Lansky Bros. building at Second and Beale. The permit lists Hard Rock as the tenant and Belz Enterprises as owner. Philadelphia, Miss.-based W.G. Yates & Sons Construction Co., which has an office on Poplar Avenue, is general contractor for the project. 2435 Whitten Road Memphis, TN 38133 Loan Amount: $1.1 million Loan Date: Jan. 24, 2014 Maturity Date: Jan. 24, 2029 Borrower: GPG Development Co. Lender: Landmark Community Bank Details: The owner of the 14,136-square-foot retail center at 2435 Whitten Road in Northeast Memphis has filed a $1.1 million loan on the property. GPG Development Co. filed the deed of trust, assignment of rents and security agreement Jan. 24 through Landmark Community Bank. The following joint venturers signed the deed on behalf of the borrower: Ken Garland Jr., Mark E. Pugh, Michael R. Pugh, Timothy L. Pugh, and Arminta L. Pugh. www.thememphisnews.com February 7-13, 2014 11 G ov e r n m e n t M a n u fa c t u r i n g Haslam: Remove Higher Education Barriers Buckman Sees Leadership Changes Bill Dries Bill Dries bdries@memphisdailynews.com bdries@memphisdailynews.com W hen Tennessee Gov. Bill Haslam outlined an endowment from Tennessee lottery reserve funds to offer two years of community college free to all Tennesseans graduating high school – a plan he presented during his State of the State address Monday, Feb. 3 – it was a concept that had been years in the making. One of Haslam’s goals – as well as a goal of his predecessor, Gov. Phil Bredesen, and some legislators of both parties – has been a greater role for the state’s community colleges and other two-year institutions. This past September, state Sen. Jim Kyle of Memphis called on Haslam to use the operational reserve lottery fund of more than $400 million to pay for Tennesseans to resume and complete college. “We do good things with the lottery, but we can do more for other folks,” the Senate Democratic leader told the Frayser Exchange Club. “We’ve got to build the lives of adults. … Everybody needs to drink from the well.” Kyle paid close attention to Monday’s State of the State address. “I’m pleased with the proposal,” he said after the address. “What the governor has done is address the issue of the lottery. We’re going to use the lottery for access to higher education.” Kyle points to a detail that wasn’t in the speech, but in Haslam’s written proposal. In that proposal, Haslam would cut the HOPE scholarship amount in the first two years at a four-year college by $2,000 per year, but would increase the scholarship amount for the last two years by $2,000 to $5,000. “What it appears to be to me is something we’ve been working on for the last several years,” Kyle said of the change. “It’s a nationwide concept of trying to direct people into their community colleges because it’s a lot less expensive for people to go to a community college. It’s less expensive for the state and it’s less expensive for them.” The result is a bigger pipeline with four-year colleges gaining more students who are continuing beyond two years and associate degrees at that level. Haslam has made upping the percentage of Tennesseans with some kind of associate degree, similar certification or four-year degree a priority of higher education. His goal is 55 percent, compared to the current 35 percent. He said Monday night that there are barriers, including continued perceptions that it’s not necessary to go beyond a high school diploma. (AP Photo/Mark Zaleski) The centerpiece of Tennessee Gov. Bill Haslam’s State of the State address was his plan to offer two free years of tuition to all Tennessee high school graduates. “We have to change our culture,” Haslam said. “More Tennesseans have to believe that earning a certificate or degree beyond high school is not only possible but necessary. As we urge more Tennesseans to continue their education, we know we have to remove as many barriers as possible.” And Haslam said the biggest barrier is cost. “Of course, if you are going to a community college, you would be going for free,” Kyle said. “And then secondly, in your last two years we’re going from $3,000 to $5,000. So over the course of a four-year scholarship, the student gets the same amount of money.” Haslam specifically proposed Monday using all but $110 million of the $400 million reserve to create an endowment under the banner of what Haslam called the “Tennessee Promise.” “The Tennessee Promise is an ongoing commitment to every student – from every kindergartner to every high school senior,” Haslam said from the well of the state House. “We will promise that he or she can attend two years of community college or a college of applied technology absolutely free.” And, closer to Kyle’s specific proposal for using the lottery reserve funds, Haslam announced an expansion of the “last dollar” scholarships to cover all adults – no matter their age or whether they qualify for a HOPE lottery scholarship – to attend Tennessee Colleges of Applied Technology free. Haslam said the endowments are essential to sustaining the programs over multiple budget years. “The Tennessee Promise can only be a true promise if state of the state continued on P29 Kathy Buckman Gibson is changing her role in the Buckman family business, Buckman International. Buckman Gibson became president and chief operating officer of the global Buckman specialty chemical company with a company announcement Thursday, Jan. 30. She had been chairman of the Buckman board since 2000. Succeeding her as chairman of the board is Otto Heissenberger Jr., retired president and CEO of Voith Paper Inc., who has been on the Buckman board since 2010. Heissenberger is the first chairman of the board who is not a Buckman family member. The company was created in 1945 by Buckman Gibson’s grandfather, Stanley J. Buckman. Its original location, on the site of a former lumberyard in North Memphis, remains the company’s global headquarters. Buckman Gibson succeeded her father, Robert Buckman, as chairman of the company in 2000. The president position at Buckman has been open since Edson Peredo retired last year. As president and CEO, Buckman Gibson will focus on the company’s global strategic plan and track industry trends. She is involved in numerous civic organizations, including the Women’s Foundation for a Greater Memphis and the Chairman’s Circle of the Greater Memphis Chamber. Buckman Gibson also leads the company’s BuckmanCares initiative, which coordinates Buckman employees’ community volunteer work. Steven B. Buckman remains chief executive officer and president of Bulab Holdings Inc., the parent company of Buckman International. Buckman International makes chemicals used in pulp and paper production, water treatment and leather production. As part of the changes in the front office, Buckman also announced Robin Luck, vice president of global marketing since 2004, has retired. Community Literacy Mid-South Gears up for Busy March Andy Meek ameek@memphisdailynews.com L iteracy Mid-South is gearing up for a whirlwind of activity next month. The national Read Across America event happens in March, and Literacy MidSouth will have special events, book giveaways, author visits and more throughout the month. The literacy organization also will be hosting a month-long “virtual book club” on social media via Facebook, Instagram and Twitter. Heather Nordtvedt, Literacy Mid-South community relations manager, said the group wants to use those virtual outlets to engage the entire city in one communal reading experience by everyone focusing on the same books. “If you use our #ReadMemphis hashtag during the month of March, you'll be eligible to win prizes, including a Kindle Fire, baskets from The Booksellers at Laurelwood, and Literacy Mid-South swag bags,” she said. “Through our book giveaways, we'll (also) be distributing over 1,000 books to Mid-South children at Title I schools, including Springdale Elementary, Peabody Elementary and Kingsbury Middle.” The group’s previous book of choice for the month was read by more than 5,000 people, and this year Literacy Mid-South has picked two books for March. They are “Neversink,” by local author Barry Wolverton, and “Life is So Good,” by Richard Glaubman and George Dawson. “To wrap up Read Across America Month, we're hosting a Literacy Leader Awards finale event on Tuesday, March 25,” said Nordtvedt, about the event that will be held from 6 p.m. to 8 p.m. at Rhodes College. “We're currently accepting nominations for community organization of the year, outstanding education volunteer, and person of the year. Winners will be announced at the event, which is free and open to the public.” Other things in March include a “Read- ing Flash Mob” at Overton Park that will kick off the month. The event will be held March 1 from 10 a.m. to 2 p.m. as part of the group’s citywide reading campaign and involves participants simply heading to the park with things like a picnic blanket, friends, lunch and a book. Prizes will be awarded to anyone spotted reading “Neversink” and “Life is So Good.” To know where the flash mob will be, Literacy MidSouth recommends following the group’s Facebook and Twitter accounts. Separate from the March events, 2014 will be a milestone pretty much all year for Literacy Mid-South, partly because it’s the group’s 40th anniversary. www.thememphisnews.com 12 February 7-13, 2014 Re a l E s tat e Competing Bidders Emerge for Ashlar Hall Amos Maki amos@memphisdailynews.com T wo people that had once considered teaming up to acquire and renovate crumbling Ashlar Hall are going their separate ways. Joe Thordarson, founder of the Memphis Comic and Fantasy Convention, and Ty Cobb, founder of the nonprofit Have a Standard Foundation, said this week that they are now pursuing separate plans to gain control of the Midtown mansion. “I met with Ty Cobb last week to discuss how we might share the space, but we found that there is just no realistic way to do it,” Thordarson said. “So we have both decided to pursue the acquisitions separately. I suppose you could say that we are now in friendly competition.” The future of Ashlar Hall has been in the hands of Environmental Court Judge Larry Potter since its owner Robert “Prince Mongo” Hodges entered into an agreement with Potter’s court and the city to find a new owner that could make the repairs necessary to bring the 11,114-square-foot building into compliance. Thordarson was the first person to present Potter a plan to reuse Ashlar Hall. The local remodeling contractor would like to transform the castle-like building on Central Avenue into an arts, education and events center showcasing fantasy and science fiction art, literature and events. Thordarson is planning a Feb. 15 demonstration at the University Club, on the opposite side of Ashlar Hall, built in 1897 just off Central Avenue, could have two bidders interested in redeveloping the property. (Memphis News/Andrew J. Breig) Central Avenue near Ashlar Hall, to give the community a preview – complete with local filmmakers, artists and writers – of how he would use the building. “The concept for what we want to do is so unique we want to give people a taste of what it’s all about,” Thordarson said. “The Mid-South doesn’t have any venue like what we’re proposing.” Meanwhile, Cobb, whose foundation operates the CoreFire Commando learning program inside the AutoZone Challenge Center at the Kroc Center, is pursuing a plan to turn Ashlar Hall into an experiential learning venue designed to motivate students and mentors. CoreFire Commando participants are given “missions” – such as responding to a natural disaster or helping rescue hospital patients in a war zone – to foster an environment of innovation and teamwork. “You’ve got to work together as a team to overcome obstacles and succeed on that mission,” Cobb said. Cobb and Thordarson have each shown the ability to organize and raise funds, which will be important factors in their drives to acquire Ashlar Hall. Potter has emphasized that whoever wants to acquire the building will have to provide detailed plans on how they would finance future renovations and operations. “I cannot and will not accept any proposal unless that structure can be dealt with in an immediate fashion … so we can stop the bleeding,” Potter said during a Jan. 27 hearing. Thordarson started the Memphis Comic and Fantasy Convention from scratch. The fourth annual convention, held last year, attracted thousands of children, including around 1,300 who flocked to the Kroc Center Oct. 25 to participate in “Geek 101,” which featured comic book artists and characters, craftspeople and local filmmakers. Thordarson also shares his passion for the arts with children each year in school classroom visits. Thordarson said other contractors have pledged to donate their time and services to repair the building. “I think we have the ability to get around 80 percent of the repairs done now, but once we do the fundraising we’ll be able to take care of all the repairs,” Thordarson said. Cobb is not a Kroc Center employee but operates the CoreFire Commando program there in addition to his existing location in Cordova. Cobb’s Have a Standard Foundation brought in $3.2 million in revenue from 2006 through 2012, according to state records. Around $1.2 million came from “public contributions,” with the rest coming from fees individuals, groups and business pay to take part in the CoreFire Commando course and host events such as birthday parties. “People who have supported us in the past, we’re going to go to them and see what their interest level is in seeing this happen,” Cobb said. “When there’s been a need before, people have come forward.” The once stately Ashlar Hall, which was built in 1897 and served as the home of real estate developer Robert Brinkley Snowden, has turned into a dilapidated eyesore. Hodges’ brother, Bernard Hodges, acquired the property for $300,000 in 1993 before transferring it via warranty deed to 1397 Central Ave LP in 1994. Robert Hodges began operating The Castle nightclub at the property after his brother acquired it, before closing the club’s doors around a decade later. The buildashlar hall continued on P29 Real Innovation Work is Corporate Shamanism This visionary work dates Everyday we advise clients to as far back as 40,000 years. take risks, leap into unknown A shaman uses the power, and unexplored areas, express wisdom and energies of a differthemselves in new ways – all ent frame of mind to create to locate, validate and capiand promote constructive talize on new areas of growth. JOCELYN ATKINSON change in people and their We have formal methods & michael graber let’s grow environments. and processes for unlocking A good shaman sees him or herself potential and manifesting new realities for as a “hollow bone” through which healing them. We always tell them to be true to and messages are transmitted to clients. themselves, their organizations and be a Isn’t this the same work as an Innovapositive force on the planet. We embolden tion Catalyst who strives to connect their and encourage. We connect them to the clients with their own humanity and the real lives that use their creations. humans who use their products and serFor these reasons, we would like to vices? Without imposing a pre-amped set state that real innovation work is a form of of prejudices, innovation starts in the dark Corporate Shamanism. of discerning what people perceive of your Shaman (pronounced SHAH-maan) offering. is a word of the Tungis people of Siberia, Then, through a set of rigorous exwhich means “one who sees in the dark.” ercises, the energies are harnessed and the perceptions that are gathered are put into a new pattern, a new way of seeing, a new way of measuring value. This creative process holds true on individual, product and corporate levels. As organizations are nothing more than collections of individuals, it makes deep sense that these time-tested, powerful methods can be used to restore organizations to a sense of mission, purpose and optimal creativity. In fact, many actual Shamanic practices can be applied to business issues and corporate cultures with great effect. Besides, Innovation, as a word, has no real meaning anymore. For some organizations it is a lofty goal, for others a marketing plan, for others a new IT platform. Yet, real innovations – categorized as Disrup- tive or Breakthrough – change the world they inherited. While it seems like a wild leap of fancy, calling the discipline Corporate Shamanism instead of the empty word from the industrial revolution (innovation) is a better-fitting moniker. Corporate Shamanism re-humanizes business, focuses on the people who use a product or services, and uses a scientific approach to achieving a visionary result. Who wants to journey into the vast land of possibility? Let’s go. Jocelyn Atkinson and Michael Graber run the Southern Growth Studio, a strategic growth firm based in Memphis. Visit www.southerngrowthstudio.com to learn more. www.thememphisnews.com February 7-13, 2014 13 S MA L L- B U S IN E S S S P OT L IGHT Hunter Fan’s Casablanca Brand Emphasizes Design Bill Dries bdries@memphisdailynews.com J ames C. Hunter’s first ceiling fan, which he invented in Syracuse, N.Y., in 1886, was water-driven. Sometime after that, Hunter moved the company to Memphis and in 1896 changed its name to Hunter Fan & Motor Co. Today, Hunter Fan Co. is still a part of the Memphis economy with its central administration facility that includes industrial design, engineering and a test lab. Over the company’s long life, it has bought several other brands, such as the smaller Casablanca Fans Co., which became part of Hunter in 1996 but kept the Casablanca brand name. “Casablanca is really set up as our leading design brand,” said Hunter CEO John Alexander, who took the company’s reins in March. Casablanca’s 2014 line of eight new fans debuted this month at the Dallas Market Center Show, a wholesale trade show. The new line is a concept in letting consumers choose the components of their ceiling fan. “With design, it’s always changing. Always evolving. … The one big change that came out with the line we launched this year … is built around the ability to customize your fan depending on your needs,” Alexander said. “It allows designers and consumers to be able to choose and decide and personalize the product they are building for their room specific to the room. For us, that’s a big change.” Christophe Badarello, Hunter’s director of industrial design, says the fan design and style is just as important as the furniture beneath the fan. Director of Industrial Design Christophe Badarello (right) goes over a product design with industrial designer Ben Guthrie. (Memphis News/Andrew J. Breig) “The first thing is you will choose your furniture. We’ve got to stay close to those trends,” he said. “It’s kind of the centerpiece of the ceiling. You cannot really see it as an accessory.” Badarello said aged white oak that has only a minimal treatment is a popular trend that Casablanca is pursuing. The company matches the woodwork in a new resin-molding process that makes other parts of the fan. “The blades that are on the fan are really high-end wood,” said Tiffany Miracle Judd, senior product manager. “The housing on that fan is the resin. They are spitting images. You cannot tell the difference. The grain is very specific. It mimics the look of the true wood in the housing of the ceiling fan.” Alexander said Hunter has other new technology in its future. “We can’t speak about them now, but I think what you will see over the next couple of years will be very exciting,” he said as he talked of broadening the reach of the products into foreign markets. “We feel it’s much more important to put a stronger presence in some of the developing markets,” he added. “That will benefit both those markets as well as the U.S. as we scale up this company. We’ll see more trends from other countries that actually will feed into the U.S.” Alexander said ceiling fans enjoyed great popularity in the 1970s as homeowners became more conscious of energy costs. “It was a really strong story. As energy became relatively less expensive, people forgot about that benefit and the importance of it,” he added. “That story is still as strong as it was back then.” hunter continued on P29 Just SNAPa PIC & YOUR CHECK IS OFF TO THE BANK With Remote Check Deposit! Midtown 2000 Union Ave 901-272-7300 Downtown 50 North Front St 901-432-7300 East Memphis 510 S. Mendenhall Rd 901-888-2265 College Housing Options Have Different Costs Ray’s Take As if college tuition – and books – weren’t expensive enough, there’s also the cost of ray & dana Brandon rays of wisdom housing. Unlike the other two, however, this is one area where you can possibly have a little control. Many colleges offer various options. The old complaints about lack of privacy and shared bathrooms aren’t necessarily valid – depending on how much you’re willing to pay. Dorms still provide less privacy and more distractions. That’s why some students opt to switch to housing off campus. When that happens, sit down with your student and do the math. It isn’t just the cost of an apartment versus a dorm room, there are a lot of other factors to consider as well. Campus housing usually includes utilities, high-speed Internet, cleaning services, basic furnishings, the option of a meal plan that offers a balanced diet, a built-in support system through resident assistants, and eliminates the need for transportation to and from campus. These are all expenses that will add to the cost of off-campus living. Plus, the student will have to do all his own cooking and cleaning. Is it ultimately worth it? Some parents think they can largely offset housing costs by buying a condo or house and then selling it when their child is through school. If they’re really lucky, this might work out. However, when you consider the short duration of ownership, wear-and-tear, and associated costs like taxes, insurance and local oversight, the odds are against them. Do the math, and think through the social and college-experience aspects, too. There is no one right option, but there is a better one for your child. Dana’s Take Imagine a student having to get to an 8 a.m. class in 30-degree weather. As hard as it is for a student to get up in the morning at all, it is important to remove as many obstacles to class attendance as possible. Students living off-campus may have to drive, park on the outskirts of campus, and then walk to class. University housing is nearly always a short walk to class, thus improving the odds of the student arriving to class. Might the parent or student save money by renting off-campus housing? Yes. The risk is that the off-campus student may miss more classes, resulting in a lower overall return on the education investment. No one knows your college student better than you. If your child craves independent housing, make sure he or she has the tools and discipline to make it work financially, socially and academically. Otherwise the costs could be severe. Ray Brandon is a certified financial planner and CEO of Brandon Financial Planning (www.brandonplanning.com). His wife, Dana, has a bachelor’s degree in finance and is a licensed clinical social worker. Contact Ray Brandon at raybrandon@brandonplanning.com. Visit cbtcnet.com for details. www.thememphisnews.com 14 February 7-13, 2014 Work on an expansion of the Frayser Nike facility is well underway. The $301 million expansion will create 250 new jobs. (Memphis News/Andrew J. Breig) PILOT Reform Economic development leaders weigh changes to incentive program Amos Maki amos@memphisdailynews.com N ike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.based company will create 250 jobs and retain 1,600 existing local jobs. But Nike officials said the expansion could have landed in another community if not for a payment-in-lieuof-taxes (PILOT) incentive that is expected to save the company $57.8 million over 15 years. Nike was considering multiple sites for the project at the time and the PILOT incentives offered by Memphis and Shelby County played a key role in the company’s decision to expand locally. “It is our intent to be here in Memphis,” Willie Gregory, Nike director of Community and Business Relations, said at the time. “The support and incentives that we have received will help in that decision.” Now, major changes could be in store for the PILOT program, the primary economic development incentive tool used by Memphis and Shelby. The Economic Development Growth Engine of Memphis and Shelby County has launched a sweeping review of the PILOT incentive that could lead to the most significant reforms in the program’s history. “This is the city and county’s most effective and important program,” said EDGE president Reid Dulburger. “It has served the county well over the years.” “It has been tweaked over the years, but this is the best opportunity in years to do a thorough review from top to bottom,” he said. “From our board members’ perspective, it’s been a long time coming and the time is finally here.” EDGE has hired Sharon Younger of Younger Associates to conduct the review, which will include getting input from commercial real estate brokers and developers, elected officials, PILOT recipients, chambers of commerce from across Shelby County and the public. “Given the importance of this program it’s important that we get it right and take the time to talk to the right people,” said Dulburger. “Everything is on the table, from small tweaks to the program to completely rethinking the program.” The PILOT program administered by EDGE is the main business recruitment tool used by Memphis and Shelby County. The program works by abating taxes – 85 percent on the city side this year, before dropping to 75 percent next year, and 75 percent on the county side – for real and personal property improvements. Companies pay the full amount of taxes on the pre-developed land. A scoring matrix that includes the number of jobs created, wages, capital investment and other factors determines the length of the PILOT term. A cost-benefit analysis is performed to ensure that for every $1 in taxes abated at least $1 in new taxes is produced. To qualify for a PILOT, companies must produce at least a $1 to $1 tax ratio and the vast majority of PILOT recipients far exceed that amount. Nike’s $57.8 million PILOT, for example, is expected to lead to a local tax benefit of $105.3 million in return, or $1.82 in revenue for every tax dollar abated. “We have net new dollars that otherwise would not be coming in to the community,” Dulburger said. “We try to negotiate the best deal for the community that we can.” Memphis and Shelby County have relied heavily on the PILOT program to offset the cost of property taxes to businesses to locate or expand here. A national expert on business incentives told City Council members in 2012 that nearly a third of all properties enrolled in PILOT programs across the state of Tennessee are from Shelby County. The PILOT has been used to land everything from the corporate headquarters of International Paper and ServiceMaster to the manufacturing plants Electrolux and Mitsubishi Electric Power Products Inc. are operating. Conduit Global, which recently announced it was building an $8 million call center that will employ 1,000 people, will likely seek a PILOT. But it has also been a lightning rod for criticism. Some residents and elected officials paint the incentive as corporate welfare, and public employee unions have blasted the tax breaks, saying city and county governments have slashed public employee salaries, reduced benefits and cut services while doling out lucrative tax breaks to often-profitable businesses. A 2010 report from the Tennessee Advisory Commission on Intergovernmental Relations said exemptions and tax incentive programs suck “millions of dollars in uncollected taxes” from local governments and “impose unfair tax burdens on households and businesses” that don’t receive the incentives. “We’re issuing long-term PILOTs but once the companies get established and get on their feet they should contribute to the community,” said Mike Williams, president of the Memphis Police Association. “A lot of them are making major profits but they’re not contributing back to the city other than the jobs they provide.” Memphis Mayor A C Wharton Jr. has heard the criticisms for years but says Memphis must remain competitive in the high-stakes game of job recruitment if the city is going to make significant strides toward alleviating poverty and curing the city’s financial woes. “The competition is fierce and there is a need for incentives,” said Wharton. “Our job is to make sure we get a return for those incentives, not only in terms of dollars but what (the companies) are doing for the community as a whole. So far the companies who have come in here have www.thememphisnews.com been good corporate citizens contributing more than just tax dollars.” Gov. Bill Haslam said incentives should be viewed as an investment that produces returns for taxpayers. “The challenge for me is to look at it like you would in business and that is return on investment,” said Haslam. “We’re literally investing the taxpayers’ money when we give incentives so we have to make sure the return is there in terms of the number of jobs, what those jobs pay and the capital investment.” Dulburger said he understands the controversy that surrounds the use of incentives but that simply doing away with incentives like the PILOT program would be tantamount to unilateral disarmament in the ongoing battle for jobs. “We get that there is general criticism from people who don’t like the concept of public sector incentives for private firms and that’s a common theme around the country,” Dulburger said. “They say, ‘We pay our taxes; they should pay theirs.’ “But we live in a highly competitive world and the choice we have is to compete or not compete. If we choose not to compete we will have fewer jobs and capital investment in Shelby County.” Wharton also understands the criticism surrounding and even harbors his own mixed feelings for the PILOT program. “We have to have the incentives but I wish we had a greater arsenal of incentives,” Wharton said. “I’m not a big fan of the PILOT program because you’re manipulating the tax rate, but it’s the only tool we have for the most part.” That is beginning to change, and the PILOT review could produce recommendations that could allow the program to do more. EDGE has already introduced several new incentive programs in the hopes of expanding the number and types of businesses it can reach. February 7-13, 2014 15 The PILOT program has been used for projects such as the International Place Tower IV construction. Dr. David Ghodoussi, founder of Optimum Polymer Technologies, a Memphis-based automotive detailing solution manufacturer, was trying to expand his business and looking at locations in Memphis and Mississippi. In 2013, Ghodoussi acquired a $271,000 loan through the EDGE Impact Fund, which provides capital to small businesses that want to expand in Shelby County but would not qualify for a PILOT. “It was a great program that we were able to take advantage of for a building we wanted to purchase,” Ghodoussi said. “The terms were much better than what the banks were offering us and I really enjoyed working through EDGE because most small businesses like us are not able to go and find all the resources available to them.” EDGE also provides Small Business Administration 504 loans, which can help fund land and equipment purchases and building renovations. EDGE has also launched the Inner City Economic Development Fund, a forgivable loan program to fund façade and interior improvements for neighborhood businesses in distressed parts of Memphis. Dulburger said the ongoing review will include exploring ways to do more with the PILOT program, which currently places a heavy emphasis on job creation. “How can we use the existing tools we have in new and innovative ways to spur additional growth in Memphis and Shelby County?” Dulburger said. “A focus on jobs means we are structurally precluded from other projects that may be of benefit to the community.” Younger will take a close look at the PILOT program offered by the Center City Revenue Finance Corp., the financial arm of the Downtown Memphis Commission. Both PILOT programs are authorized by the same state law, but the one offered by the CCRFC places a greater emphasis on capital investment, which en- (Memphis News/Andrew J. Breig) The PILOT program was instrumental in bringing the Electrolux manufacturing plant to Presidents Island. (Memphis News/Andrew J. Breig) courages redevelopment. EDGE, which places an emphasis on job creation, may be able to craft a similar program to encourage investment in targeted areas to spur things like inner-city redevelopment or speculative industrial development. The ongoing review will also focus on the process for receiving incentives, which has been criti- cized for years by some business officials as too cumbersome. “The general notion is, if we can compete how can we better compete?” Dulburger said. “How can we streamline the process, or make the process simpler, while at same time maintaining the transparency we have worked very hard to implement at EDGE?” www.thememphisnews.com 16 February 7-13, 2014 special coverage e m p h a s i s : F i n a n c i a l S e r v i c es New Horizons Office move heralds new future for Marston Group Andy Meek ameek@memphisdailynews.com W hen The Marston Group PLC, a Memphis-based certified public accounting and financial consulting firm, held an open house in recent weeks at its new digs, the evening portion of the event lasted from 7 till later in the night, with the last person leaving around 10. The next day, when senior partner and CEO Chip Marston talked about the event, the energy and excitement from the night before was still there – about how far his firm has come and about what is on the horizon. “We wanted to celebrate with clients and give them a chance to visit with each other,” Marston said of the festivities Jan. 23, which included breakfast, lunch and evening gatherings to celebrate the firm’s move to 1661 International Drive. “It’s a fun space. It’s bright, warm and inviting. There’s also a tremendous amount of art in our office, artists that all have Memphis roots.” The company moved to the second floor of the 89,000-square-foot, four-story building there known as the Colonnade. It was a relocation from Primacy Parkway that was needed because the firm’s clients and business have grown, and The Marston Group wanted to rethink the functionality of its workspace and layout design after being in the same place for almost 20 years with three expansions. Marston described the new space as a better match for the firm’s corporate identity and more convenient for clients – Girl To Great_4.875”x7”_DailyNews The Marston Group PLC offices at 1661 International Drive in the building known as the Colonnade. From left: Marston Group partners Chip Marston, Bill Drummond, Terry Courtenay and Jimmie Dickey. (Memphis News/Andrew J. Breig) girltogreat. as well as a “brighter, more vibrant office environment inside.” Graham Reese of Graham Reese Designs helped fashion the space and make it a good fit for the accounting firm’s more than 25 employees. “It’s going to be a very dynamic year for us,” Marston said, referring to both the new office and the fact the firm is continuing to add to its ranks. Recently, for example, The Marston Group – which was founded in 1985 – added Terry Courtenay as a member of the firm’s practice. Courtenay, a certified public accountant, has experience providing tax and advisory services to predominantly family-held businesses, and he’s worked with a variety of businesses, including in the fields of real estate and agriculture. “Over the last year, Bill Drummond also joined us from Ernst & Young to lead our audit and financial reporting area,” Marston said. “And Terry Courtenay merged his practice into ours. We have both of those guys providing experience and leadership now, and we’ve also added a senior manager in the financial reporting ranks, plus others. We really deepened the bench and broadened our service offerings.” The Marston Group works with both individuals and companies, with the individuals often being members of multigenerational families who own companies, trusts or estates. The firm’s services include accounting and consulting, tax preparation, general For an outstanding all-around education in an all-girl environment, there is no better choice than Hutchison. World-class teaching, university-caliber coaching, Broadway-style theatre and innovative leadership opportunities empower girls to be outstanding scholars and athletes, artists and leaders. From early childhood through high school, girls are prepared for college and ready for life. From the classroom to the world, from girl to great, a Hutchison girl can go anywhere. www.hutchisonschool.org 1740 Ridgeway Road | Memphis, TN 38119 | 901.762.6672 | PK2-12 Hutchison welcomes qualified students regardless of race, religion, or ethnic origin. HUT-048 GirlToGreat_4.875x7_DailyNews2.indd 1 8/21/13 5:15 PM business consulting, litigation support for contract disputes and divorces, and also the attest function, an independent review of data and research from an audit. Besides accounting, the firm is known for its mentorship. Senior leaders make themselves available to provide expertise and advice to a number of startup-related and entrepreneurial initiatives around town, including Marston and Chief Operating Officer Jimmy Dickey taking on mentorship roles for last year’s Everywhere Else Startup Conference. “Many of our clients were entrepreneurs who grew their ideas into successful businesses,” Marston said. “We feel passionately about community involvement and helping companies get started on the right foot. Our staff has donated a tremendous amount of time to be mentors.” On his biography page on the firm’s website, Marston has included a quote from Lucius Annaeus Seneca: “As long as you live, keep learning how to live.” It reflects what he presents as the evolving nature of the firm and its work – and its adaptability. “People like to say that death and taxes are the only thing that’s certain – but the other thing to add to that is change,” Marston said. “We’re constantly evolving as a company. Our new space reflects that. We wanted it to be productive, relaxing and energizing. We wanted clients to be comfortable and warm at the office. And it’s fun. We’re having fun.” www.thememphisnews.com February 7-13, 2014 17 special coverage e m p h a s i s : F i n a n c i a l S e r v i c es Lamanna Loves Client Relationship of Accounting Andy Meek ameek@memphisdailynews.com F rank Lamanna attributes his interest in pursuing accounting as a career to an early episode in his life – taking an accounting class at Christian Brothers High School. At the time, he enjoyed it, and while he made good on that interest and ended up going into accounting after college, his love of the work has deepened because of the rewards that come with time spent doing it. Over his two-decade career, it’s the feeling of sitting at the table with clients and working with them, giving them advice that helps their businesses thrive, that especially appeals to him. “What I like about the work is the relationships you develop working with clients,” Lamanna said. “That’s very rewarding. It’s rewarding to see clients have success and to hope you were a part of that success and were involved in it. It’s very professionally rewarding to see your clients fulfill their dreams in running successful businesses and perhaps at some point successfully exiting those businesses or transitioning them to the next generation.” Lamanna is an assurance principal in the Memphis office of Decosimo Certified Public Accountants. He also serves as a director with the broker-dealer Decosimo Corporate Finance LLC. Among his duties, Lamanna provides audit and management advisory services to entities like partnerships, not-for-profits and 401(k) and profit-sharing plans. For much of his career, he’s provided corporate buy-side and sell-side transaction advisory services, and he’s been involved in due diligence work for everything from software and telephone systems companies to even a minor league baseball team. Much of his practice focuses on the real estate industry and overseeing internal audit procedures, financial statement audits, employee benefit plan audits and tax work for multifamily and property management company clients. “I went to work right out of college for another accounting Lamanna firm, and then I’ve been over here for 20 years,” Lamanna oriented, and helping transition said. “One of the roles, I think, of businesses to the next generation a good CPA and good adviser is or even for an exit of a business.” to understand when things are Decosimo is based in Chatgoing to impact a company going tanooga, Tenn., and has nine forward and then kind of helping offices throughout the Southeast. them make decisions and plans The firm has clients from Calithat we see are going to impact fornia to New York and employs them in the next year or longerabout 20 people in Memphis. term than that. “Obviously, our industry is “It’s about helping them with constantly changing,” Lamanna ways to generate additional cash said. “On the tax side, for examflow for their businesses, help ple, we have a Congress at any with things like financial reportpoint in time that can and does ing requirements, with tax planevery year enact changes in the ning and tax savings and estate tax laws. And as most people are planning, which are all future- probably keenly aware for 2013, their tax rates were increased. Every year, there’s something there. Tax brackets have gone up for individuals, increasing from what they were in 2012. There’s also some additional phase-outs and additional taxes levied on top of that that will tend to affect more of your middle- and upper-income people.” When he’s not helping clients navigate their financial landscapes, Lamanna is deeply involved in the Memphis community. He’s a past chair as well as a current member of the board of the Boys & Girls Club of Greater Memphis and the Alliance for Nonprofit Excellence, among several other boards on which he’s participated. He’s also an avid outdoorsman and a board member of the Minnendosa Duck Club, a fundraising organization supporting the activities of Delta Waterfowl. “Restored my faith in insurance companies.” Member enthusiasm like this inspires us every day. 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Trademarks are property of PRM used with permission. ©2013 PURE. www.thememphisnews.com 18 February 7-13, 2014 e m p h a s i s : F i n a n c i a l S e r v i c es Diversity Dialogues A Project of American Anthropological Association Funded by Ford Foundation & National Science Foundation CBIZ Memphis Welcomes 20 Hires, Interns Andy Meek ameek@memphisdailynews.com T Businesses churches community groups maKe your group reserVations toDay! Diversity Dialogues are facilitated discussions surrounding the traveling exhibit RACE: Are We So Different? Led by Common Ground Memphis, these discussions allow audiences to participate and reflect on what they have learned about experiencing race as a factor in their lives and community. FeB. 17 through may 1 MONDAYS THURSDAYS SATURDAYS 9:30am to 12:30pm 1:30pm to 4:30pm 1:30pm to 4:30pm onLy 9:30am to 12:30pm 1:30pm to 4:30pm group program Fee $400. non-proFit Discount $200. maximum 20 participants per program. reserVations requireD. Presented by Kathy and JW Gibson P!NK PALACE MUSEUM he Memphis office of CBIZ MHM LLC is welcoming a host of new faces in 2014. The firm, which provides financial services such as accounting, tax, financial advisory and others, in recent days added a new business development manager. Drew Bringhurst joined the office’s marketing department with more than 10 years of experience in a variety of industries, including sales, marketing and human resources. As business development manager, he’ll support CBIZ’s business growth through client retention and lead generation. His areas of expertise include the financial, accounting, engineering, human resources and information technology industries. CBIZ MHM senior managing director Steve Dunavant said Bringhurst’s addition shows the firm’s commitment to client service. “He’s going to be a great addition to the team – his personality and skill set are just a nice complement to what we’re trying to do in the market,” said Megan Murdock, CBIZ practice development manager. Bringhurst’s position is a new one for the Memphis office but one that’s established in other CBIZ markets, according to the firm. In the past, he’s also had account management and sales positions with firms such as Robert Half and New Job Fever. He received a bachelor’s degree in business administration from Christian Brothers University. Besides Bringhurst, the Memphis office is adding 20 hires and interns this year, with 14 of the additions starting in January. That will tip the Memphis office past the 100-person mark. Along with those personnel moves, the firm has promoted Karen Cassella to managing director. She has more than 20 years of experience in accounting, internal audit and consulting services. She’s worked for eight years in public accounting with local and international accounting firms and has more than 15 years in the public and private sectors. Her concentrations and specialties include risk management and the payment card industry, especially with data security assessment and compliance. Eustis Corrigan, managing director in the CBIZ Memphis office, said the personnel additions and deepening of the team’s bench strength are a reflection of several things, one of which is a moderately improving economy. He also cited a kind of resurgence of what could be described as the “talent wars,” intense competition Bringhurst CBIZ MHM LLC has welcomed several additions, including Drew Bringhurst as business development manager. among professional services firms to secure the best talent as the firms face a growing need for new staff. “We do have the need, and we have a strong pipeline of work right now,” he said. “We’re seeing the economy come back, and there’s demand for talent in the professional space.” Along with new staff, the Memphis office expects to see a particular segment of its business – its payment card industry compliance and advisory work – continue to grow at a steady clip. Cassella now leads the CBIZ Security & Advisory Services service line, which is based in the Memphis office. Dunavant said the office expects work to pick up in that area and in its employee services division in 2014. “There does seem to be an economic pickup that seems to be developing that's a little stronger than it was last year,” Dunavant said. “We’re seeing it in our clients’ business a bit as well. I think things are looking better overall this year economically than last year.” CBIZ provides a long list of services that also include government health care consulting, risk advisory, real estate consulting and valuation services. Employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, human resources consulting and executive recruitment. www.thememphisnews.com February 7-13, 2014 19 e m p h a s i s : F i n a n c i a l S e r v i c es Legacy Wealth Management Grows Staff, Relocates Andy Meek ameek@memphisdailynews.com L egacy Wealth Management is starting 2014 with a handful of new faces and a move to a new office soon. New additions to the ranks at Legacy include Brent Westbrook, who’s joined the firm as managing director of business development and client service. He came to Legacy from Argent Financial Group and will be working to introduce Legacy’s services to individuals, families and businesssponsored retirement plans. Stephen Russell also has joined Legacy as a financial planner. He came to Legacy from his own firm – Russell Law Firm PLLC – and is responsible for delivering financial plans to new and existing clients while also helping with portfolio management needs and helping with client needs related to estate planning. Jeffrey Barnes has joined the Legacy team as director of retirement plan services. Before joining Legacy, Barnes was founder and president of Barnes Retire- ment Plan Specialists Inc. The Memphis-based firm employs 23 wealth management professionals and manages more than $1 billion in assets. Legacy, which has been in business for more than 30 years, provides portfolio management and financial planning services to more than 750 clients. “The culture here is client service – clients come first,” said Westbrook, in describing his reasons for the move. “That’s in the DNA of this firm. For me, that’s important. Coming over and meeting Jeff, it was the same reason he did. We both want to see our clients serviced well and not have to worry about other things that distract from that. This is a well-established, client-centered firm poised to grow even more, and that’s exciting.” Barnes said his arrival at Legacy came as a result of an inflection point he reached in his previous venture. “I had decided in 2008 that I would incorporate a business Brent Westbrook, Stephen Russell, Jeffrey Barnes. “The culture here is client service — clients come first. That's in the DNA of this firm.” –Brent Westbrook that would be so specialized that it would only cater to and advise companies that sponsor 401(k) plans,” Barnes said. “I had this idea of bringing a boutique firm and great deal of client service to the market here in Memphis, set out to grow, and I did. I got to a point really at the end of last year where I realized that I had to do something different and was either going to have to go out and find capital, either private or through a bank, and go out and try to hire more staff. “(With Legacy) I saw a way for me to move my practice in and elevate it. This company is full of very smart people who already know how to provide M AS T E R YO U R M A R K E T: A S E M I -A N N UA L S E M I N A R S E R I ES O N S H E L BY C O U N T Y R E A L ES TAT E T R E N D S WEDNESDAY, FEBRUARY 19, 2014 3:00 PM - 4:30 PM MEMPHIS MARRIOTT EAST NOBLE BALLROOM S T E V E B R OW N L I SA R E I D reserve your seat today! call 901-528-5273 or email wendy@chandlerreports.com TO D D G L I D E W E L L financial services to individuals. It’s not hard at all to have that fall right into the same approach to companies that sponsor retirement plans.” Another aspect of what’s new at Legacy, meanwhile, is the new office space it’s preparing to move into. Legacy is taking space in the Renaissance Center, 1715 Aaron Brenner Drive, relocating from its current office at Atrium I. Wyatt Aiken and Neely Mallory of Cushman & Wakefield/Commercial Advisors represented Legacy in the relocation transaction, announced last year, and Ron Kastner of CB Richard Ellis Memphis represented the landlord. At the time it was announced, Legacy President and CEO Jim Isaacs said the new location would provide the double benefit of new space for his growing firm as well as replacing the firm’s current divided space. The goal, he said, was to lease offices where everyone shares a common suite. $10 attendees receive electronic copies of our presentation and walk away with our most popular market trend reports. www.thememphisnews.com 20 February 7-13, 2014 sports G r i zzl i es Stretch Against East Teams Pivotal for Grizz Playoffs Push Don Wade dwade@memphisdailynews.com I t wasn’t unthinkable that Dirk Nowitzki and the Dallas Mavericks would come into FedExForum and win. They were, after all, protecting a one-game lead over the Grizzlies for the last playoff spot in the Western Conference, Nowitzki has been on a hot streak, Rick Carlisle is one of the NBA’s best coaches and the Grizzlies were without point guard Mike Conley. But giving up 110 points? That’s what the Grizzlies did Wednesday, Feb. 5, losing 110-96 and getting dominated 56-32 in the paint. “We needed this game,” forward Zach Randolph said. “We’re better than (allowing 110 points). We’ve got to be better, especially to get where we’re trying to get.” Back in the postseason party. Where, theoretically, anything is possible. Given the team’s recent play – the league’s best defensive rating (94.3) through a 9-2 stretch upon center Marc Gasol’s return – this was a very unGrizzlylike performance, to invent a word. Grizzlies coach Dave Joerger pointed the blame at himself, saying, “I did a poor job at getting us ready against the multiple action pick-and-rolls that they ran.” Dallas left town with a 29-21 record, a two-game lead over the Grizzlies (2622). With a 3-0 record this season over Memphis the Mavericks would own the tie-breaker should it come down to that for a playoff berth or seeding, if you wish to dwell on worst-case scenarios. “This is a game that was worth two – their win and our loss,” Joerger said. That about says it. Except that, this has been a season dedicated to doing things the hard way. It’s likely the Grizzlies keep Conley and his sprained ankle off the court until after the All-Star break. A re-injury might mean a month or more on the bench and that almost certainly would end the Grizzlies’ playoff chances. The remaining schedule before the break looks like this: Saturday, Feb. 8, at Atlanta, Sunday, Feb. 9, at Cleveland, Tuesday, Feb. 11 at home against Washington and John Wall, and Wednesday, Feb. 12 at Orlando. Having lost the Dallas game, the Grizzlies really need a 2-2 split. Even without Conley, there is no excuse for not beating a Cavaliers team that couldn’t defeat the Los Angeles Lakers when they literally ran out of eligible players and by NBA rule center Robert Sacre, who had fouled out, was put back in the game so the Lakers would have five players on the court. And the Magic are even worse than the Cavs. “These are the four biggest games of the year,” Joerger said. “There are 30 after that. These are four teams we are playing from the East (code for the lousy conference aside from Indiana and Miami). “It’s a tough time for us to play without Mike Conley, Tony Allen and Quincy Pondexter,” Joerger continued. “But it is what it is. It’s very important. Otherwise, you’re going to come into the last 30 games and say, `jeez, we’ve got to go 21-9.’ This is big-time right here.” Of course, you need go no further than the Mavericks’ locker room to hear comments about how this victory, to quote Carlisle, “guarantees nothing.” It did put Dallas eight games above .500 for this time this season, though guard Devin Harris was even careful with that fact. Taking On Tennis Recruiting Woes Rafael Nadal isn’t walking through that door. But Kei Nishikori is. Novak Djokovic, Andy Murray and Roger Federer aren’t walking through that door, but Vasek Pospisil, Feliciano Lopez and Lleyton Hewitt are. If you know the names Nadal, Djokovic, Murray and Federer – the ATP’s Nos. 1, 2, 6th and 8th-ranked players – then you qualify as at least a casual tennis fan. If you remember Lleyton Hewitt, now ranked 40th, as a former No. 1 (way back there in 2001), and also know that Pospisil, 23, a Canadian ranked 25th, is considered a potential rising star, you are well past casual. All of this, of course, is getting around to who you will and won’t see next week at the U.S. National Indoor Championships at The Racquet Club of Memphis. The ghosts of Connors and McEnroe, Agassi and Sampras, still float about but let’s not lie to each other. The Memphis tennis event isn’t what it once was. You may have noticed American men’s tennis isn’t either. This year, there are 11 significant American tournaments. In 1980, when John McEnroe won the Memphis event, there were three dozen. I could kill a lot of your brain cells and THE PRESS BOX DON WADE mine with detailed, tedious, back story about how the local tennis tournament is now in its second straight year without a title sponsor. I won’t do that. What I will say is that we’ve been this way before with the PGA Tour stop at TPC Southwind in 20092010. Then FedEx, well, delivered. However, for tennis tournament director Peter Lebedevs, the sponsorship issue is not his problem. His job is trying to lure the best players here. And that is, to a large extent, a separate recruiting issue. This year, Nishikori, No. 17, is the projected highest-ranked player who will be in the draw. Nothing against Nishikori, a 24-year-old from Japan, who happens to be this event’s defending champion, but he brings no buzz. “We had Andy Roddick for 11 years,” Lebedevs said of the last American man to win a Grand Slam (2003 U.S. Open). “As soon as Andy signed up, it gave the event a certain flair. Last year was our first year without Andy and it was a different vibe. “The field, by the numbers, was the best field ever,” Lebedevs added. “But it didn’t reflect in ticket sales.” The mission is complicated, too, by being dropped from a 500-level ATP Tour event to the 250 level. In real-world terms, it means the event’s purse got sliced in half (it’s a little under $600,000 this year) and rankings points were halved – hence the 500 and 250 designations. The tournament has employed exhibitions to try and deliver a little more zing to the event – McEnroe came a couple of years ago – and last year there was a mixed doubles exhibition that featured former Memphis singles champs Mark Philippoussis and Lindsay Davenport. “It was good,” Lebedevs said. “But the feedback from our fans was they wanted to see something a little different.” Different they will get on Monday, Feb. 10, when No. 1-ranked doubles partners and brothers Bob and Mike Bryan split up for an exhibition match that will feature actor Boris Kodjoe (he played tennis in college) and local “celebrity”/ car dealer Mark Goodfellow, who carries a 4.5 ranking and won a national title as part of USTA team doubles. Hey, it’s all good. Especially on the new party deck at the stadium court. “The umpire may even say, `You people on the stinking party deck please quiet down,’” Lebedevs said. “It’d be OK – means they’re having a great time.” Meanwhile, Lebedevs is working on the 2015 field – networking, talking to players and their coaches and their agents – and presumably hoping to find a large bag of money under a rock to cover “appearance fees.” He says he and a representative from the Acapulco, Mexico, tournament have had good discussions with a Top 10 player. He declined to name the player but when asked what the chances were of landing him for the 2015 tournament, Lebedevs smiled. “Better than 50-50,” he said. In 2014, any director of an American tennis tournament not named the U.S. Open will take those odds. Don Wade’s column appears weekly in The Daily News and The Memphis News. Listen to Wade on “Middays with Greg & Eli” every Tuesday at noon on Sports 56 AM and 87.7 FM. www.thememphisnews.com February 7-13, 2014 21 sports “ These are the four biggest games of the year. There are 30 after that. These are four teams we are playing from the East." –Dave Joerger After dropping their third game this season to the Dallas Mavericks, Marc Gasol and the Memphis Grizzlies find an upcoming stretch against Eastern Conference teams important in the playoffs race. (Memphis News/Andrew J. Breig) Multifunction Machines Scanners Copiers Printers “We don’t want to jinx it,” he said, “but we’re headed in the right direction.” Enough so that Carlisle quickly tired of talking about the status quo. “We’re looking to move up in the standings, not hang on to the eighth spot,” he said. “Who wants to be in the eighth spot if you have a chance to move up to seventh, sixth, fifth or fourth?” It’s a viewpoint that, for now, is beyond the Grizzlies. For them, there is only the eighth spot, the closest entrance into the playoffs, and a four-game push before the break that makes beating the Cavs and Magic as crucial as any game against the Mavericks. “There are no games in the NBA that are not important,” Gasol said. For the Grizzlies, no truer words were ever spoken. Taking time to provide eXcellence. Managed Print Services Electronic Document Management Systems xmcinc.com 901.737.8910 Josh Reese, Sales 7585 A.E. Beaty, Suite 101 Bartlett, TN 38133 www.thememphisnews.com 22 February 7-13, 2014 S m a ll B u s i n ess Champion Rebrand Memphis T-shirt company aligns name closer with business focus Amos Maki amos@memphisdailynews.com I n 1996, the company known as Champion Awards and Apparel first waded into the world of e-commerce by operating a merchandise website for the Memphis Mad Dogs, the Canadian Football League team that was partly owned by FedEx founder, chairman and CEO Fred Smith. Champion ended up selling just $339 in Mad Dogs merchandise on the Web, with most of that going to Smith and his associates. But CEO Mike Bowen remained focused on e-commerce, and since 2001, the company has bought more than 100 domain names and considered multiple business name changes he hoped would better showcase the company’s reputation as a premier custom T-shirt printer. In January, Champion Awards and Apparel made the leap, announcing it was rebranding itself as T-Shirt Champions, a name created to emphasize its focus on T-shirt design. The rebranding effort included a new website, tshirtchampions.com, to make it easier for customers to design and order T-shirts while giving employees more time to engage in customer service. For T-Shirt Champions CEO Mike Bowen, the name change lifted an “albatross” from around his neck. Bowen said the company’s previous name, which was created when he merged his mom's Champion Trophy and dad's Custom Printed Tees companies, had made it difficult to easily describe the company’s focus. T-Shirt Champions creates around 1.2 million shirts a year. “The T-shirt really had made us a champion,” Bowen said. “Champion Awards and Apparel will always be close to my heart, but we’re the oldest and best Tshirt printer around and people just didn’t know it. People who have only bought awards from us would come in and visit and say they didn’t know we printed T-shirts like we do.” But the journey to rebranding the company and creating a versatile website that allowed for greater customer interaction was not a quick one. Bowen said he recognized early on that the Internet was a vehicle that could propel his company, which serves a wide range of local companies and organizations, into the future – or crush it. “We used to say our biggest competition was ourselves, but in the 1990s, our biggest competitor became the Internet,” Bowen said. Roger Webb operates a manual screen printing press at T-Shirt Champions. The company recently rebranded from its former name, Champion Awards and Apparel. (Memphis News/Andrew J. Breig) “These loyal Memphis companies were getting online and ordering a T-shirt on the Internet.” Over the years, the company acquired dozens of domain names and explored multiple operating platforms to find one that would allow customers to efficiently create and order a broad array of T-shirts. Bowen said he had to trust the expertise and opinions of his employees, who were urging him to pursue the rebranding campaign. “I had all these smart young people around me, and they said, ‘You’ve always been frustrated that people don’t know what you do, so why don’t you go ahead and take the plunge?’” Bowen said. “You’ve got to create a culture where people feel like they can say ‘No, this is a better way.’” In addition to relying on his team at T-Shirt Champions, Bowen engaged Obsidian Public Relations, RocketFuel and Running Pony to help with the rebranding effort and creation of the new website. The new website offers instructions on placing orders, access to more than 20,000 individual pieces of art, and design advice from T-Shirt Champions employees. “We’re going for the people who want to design a T-shirt for themselves or their organization and let them go online and have fun,” said Brandon Conners, vice president of customer care for T-Shirt Champions. Bowen said the new website will allow the company to produce more shirts – he hopes to produce 2 million a year by the end of 2016 – while giving employees more time to “hug” customers. “We think having a Webbased order entry system will allow our customer-care people to serve our customers faster and better,” Bowen said. “Our goal is to do 2 million T-shirts a year by end of 2016, and we can do that with our existing equipment and our existing staff.” I Choose Memphis “I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles. Special to The Memphis News Name: Mickell Lowery taurant. Great southern cooking, warm and friendly atmosphere, as well as an historical landmark. Job Title and Company: District Sales Manager, FedEx Services What company are you most impressed with? FedEx! With over 30,000 local employees, FedEx is the economic engine of our area’s economy. FedEx is also a leader in community investments for our future grow and development. Length of time living in Memphis: 18 years Life history: I was born in Memphis, however I grew up in Atlanta. I would often visit and spend the summers with my father. I moved back to Memphis in 1995, after receiving an athletic scholarship from LeMoyne-Owen College to play basketball. After graduating I decided to remain here due to my love for city and the many opportunities to get involved with organizations which help shape the city’s future; such as the New Memphis Institute and Leadership Memphis. I began working at FedEx and shortly after received my Master’s Degree from the University of Arkansas. I am proud to currently serve on the Board of Trustees for LeMoyne-Owen College and Fire Museum of Memphis. Lowery What is your favorite local festival? I look forward to Memphis in May every year. I invite all of my out-of-town friends so they can experience great music and the best BBQ on the planet. We learn so much about the countries that Memphis in May honors. What is your favorite local restaurant? I like Spindini’s, Tugs, and Majestic Grill. However my favorite is the Four Way Res- What can you find in Memphis that you can’t find anywhere else? Music and cultural heritage; Sun Studios, Rock and Soul Museum, Graceland, Stax, Gibson Guitar, Beale Street, National Civil Rights Museum, Slave Haven, and much much more. In your opinion, what can be done to move Memphis forward? Combining Memphis and Shelby County to compete as one community for a successful future. We also need to provide better educational and employment opportunities for our future generations. www.thememphisnews.com February 7-13, 2014 23 Community Bicycle Arch to Serve as Gateway Bill Dries bdries@memphisdailynews.com T he bicycle arch on the eastern side of Overton Park should be installed Saturday, Feb. 8, where Sam Cooper Boulevard dead-ends into East Parkway. In the week leading up to it, sculptor Tylur French still has several dozen bicycles to be welded into the larger pieces of the arch, which will be lifted with a 40-ton crane. And the director of the Overton Park Conservancy says the arch, consisting of more than 300 bicycles welded together, is a symbol of the park’s heritage as well as a gateway to the Hampline bicycle and pedestrian way connecting with the Shelby Farms Greenline and the bicycle and pedestrian trails in the park. “It’s pretty much where I-40 would have cut through Overton Park had it not been stopped,” said Tina Sullivan, referring to the legal fight over the interstate that was decided in the 1970s by the U.S. Supreme Court. “Rather than having an expressway bisecting the park and pretty much destroying it, we now have a new bike/pedestrian entrance that brings people in to enjoy a thriv- ing park.” The public art also takes its place in a park that is home to the Memphis Brooks Museum of Art, the Memphis College of Art, other public art – including the park’s iconic doughboy statue from between the two World Wars – and the recently redesigned playground. And there is an artistic link with the nearby Broad Avenue district. “We are a very artcentric park,” Sullivan said. “You see that in our Rainbow Lake playground. Artist Tylur French atop Bike Gate, the new gateway on the eastern side I’m really excited that this of Overton Park near East Parkway. (Memphis News/Andrew J. Breig) project honors that heritage and, at the same time, the cyclists are really going to it is in good shape already. The honors the emerging bicycle be interested in, once they pass conservancy is looking over the infrastructure in the city.” through the bike gate: There will condition of the picnic tables. As a gateway into the park for be a paved trail that connects In terms of trails, those on pedestrians and bicyclists, the them to the internal road system. foot will have five miles of trails park is ready for increased traffic. They can access all of the differfrom the gateway, including the The nearby gazebo on East ent areas of the park from there.” park’s paved road system, a dirt Parkway, which is more than 100 The gateway is also a connectrail and a limestone loop. years old, was renovated in 2012 tor built with an eye toward other “Cyclists, they are probably as one of the conservancy’s first greenprint planning efforts, ingoing to be less likely to use the projects. Bathrooms were added cluding bicycle lanes on Cooper dirt trail, especially road bikes,” after six years of portable toilets. Sullivan said. “It’s close to 1 1/2 to Street that improve the connecThe existing playground may be tion of Cooper at Poplar Avenue. 2 miles of paved roads. But what renovated down the road, but One of the conservancy’s next projects is a new connector there to take bicyclists to Veterans Plaza Drive. “You see that through this greenprint planning effort that we are not just working on projects on our own,” Sullivan said. “We are working in partnership with other organizations.” Among those organizations is the Broad Avenue Arts District, which is working with the city of Memphis on a redesign of the busy intersection at Sam Cooper and East Parkway to make it friendlier to bicyclists and pedestrians as well as a street crossing leading into the plaza with the bicycle arch. “This grand entrance to the park sort of represents that new direction we are going – not just with the park but with the city,” Sullivan said as she talked of the immediate practicality of “a way to move people to and from the park and the neighborhood surrounding the park to the east, and between the park and the Greenline.” E n t r ep r e n e u r s h i p Cowork Memphis Opens Workspace Venture Andy Meek ameek@memphisdailynews.com F reelancers and other busy professionals who work remotely, outside of a traditional office setting, probably know the feeling. Their coffee shop is loud and sometimes a difficult place to work. Perhaps a phone call comes in that they need to step outside to take – while being stuck leaving papers spread out and a computer on the table inside. And working from home, of course, brings its own distractions. Because of the lack of constancy, finding a workspace can sometimes be a kind of hit-or-miss proposition, which is why a new venture called Cowork Memphis has opened its doors in Cooper-Young. The business, at 902 S. Cooper St., launched a few weeks ago and offers a collaborative workspace environment catering to people like freelancers, small businesses and entrepreneurs. Cowork Memphis provides them a workspace, as well as a way to connect with like-minded professionals and grow their business network. Cowork Memphis director of com- munity development Katie Maxwell said the venture sells memberships, which start at $100 per month and go up a few more tier levels from there. Depending on the membership, a professional can get access to WiFi, educational classes and events, workspace, shared office equipment – and “all the coffee and bottled water Maxwell you can drink.” The coworking space also has classrooms, event presentation rooms and conference rooms available for rent by the day or the hour for local businesses. “It works kind of like a gym membership,” Maxwell said. “You come in at what level best meets your needs, and you have a place to work. “The basic membership, the $100 deal, is for regular business hours Monday through Friday from 7 a.m. to 6 p.m. It’s kind of like a Starbucks on steroids. You come in and sit down wherever there’s an open spot to work. There’s a couch, coffee table, desk, chairs – you plug in where you’re most comfortable.” Other amenities available to participants include access to a network printer, where users pay for what they print. The higher pricing tiers include things like access to conference rooms, passes for guests and more. Cowork Memphis corporate partners include Bikes Plus, Konica Minolta Business Solutions, Ashley Furniture HomeStore and Stash. Beyond offering workspace, Cowork Memphis will provide educational programming via partnerships with entities like Startup Grind and House of Genius. “There’s a whole other section to what we’re offering, too – an educational side,” Maxwell said. “We’ll bring in programming for the entrepreneurial community. We’ll be hosting Startup Grind events here monthly, for example.” Startup Grind is a global startup community powered by Google for Entrepreneurs. Through that partnership, Cowork Memphis will bring in local entrepreneurs to essentially tell their stories. First up was Muddy’s Bake Shop founder Kat Gordon, who talked about starting her business and the development of its second location in CooperYoung. She talked about the difficulty in starting any new business – “I knew enough to know I knew absolutely nothing” – and, in response to a question about competition, explained that Muddy’s tries to focus on making sure it’s the best bakery it can be, regardless of competitors. In explaining why she wanted to appear at the event, Gordon said that “without the support of the Memphis community and the generosity of the many Memphis business owners who shared their knowledge with me, Muddy’s never would have succeeded like this.” The next entrepreneur speaking at Cowork Memphis will be Michael Nunn, president of S2N design. “We’re looking for entrepreneurs who have a story to tell and can speak to an audience that’s trying to do the same thing and start from scratch, getting their own business up and going,” Maxwell said. www.thememphisnews.com 24 February 7-13, 2014 Starting Over: When Corporate Goes Kaput For many employees in the Memphis area, the story is all too familiar. You wake up one day and go to work, just like it was any other. You wear the same clothes, drive the same route, and eat at the same Angela Copeland place for lunch. Career Corner Things seem fine at first, but something starts to feel a little out of whack. You’re taken into a large room with your entire department or a small room with just your team. Then and there, you learn that the company has decided to take a new direction. And, the worst part – your job has been eliminated. So many thoughts go through your head. You’ve been at this job for years. You have children, and a mortgage to pay. You don’t even remember where you put the last copy of your resume. You wonder where to begin. This is an unfortunate situation many folks in the Mid-South have faced this year. After you’ve had a few days to think things over, you may come to the conclusion that things had been a little strained at your company for a while. Maybe money had been tight in your department, or the culture overall has been stressed. And maybe at the end of this crazy tornado, there’s an opportunity to rebuild your career into something bigger and stronger than it was before. Start off by perfecting your elevator pitch. Practice your pitch until you can articulate who you are, what type of job you’re looking for, and the relevant experience you have. Find your latest resume, and update it to reflect your recent accomplishments. Clearly state your career goals near the top in an “objective” section. Be sure to highlight any new training you have participated in, technical skills you’ve acquired, or any community leadership roles you’ve held. The next step is networking. Start by ordering new business cards. Even though you may no longer have a full-time job, you need a way to give your contact information to those you meet. Your business card can be as simple as your name, email address and phone number. When you make new contacts, follow up by sending an email and connecting with them on LinkedIn. Look for opportunities to reconnect over lunch, coffee or happy hour. Setup informational interviews with contacts at companies you’re interested in. They’re an opportunity for you to network with someone new one-on-one for 30 minutes. Remember that although this is a difficult time, it’s temporary. Get started by reaching out to your support system of family, friends and groups. But, it’s important to move quickly. The faster you start, the easier it will be to transition into your new career. Angela Copeland is CEO/founder of Copeland Coaching, www.CopelandCoaching.com, and author of “Breaking The Rules & Getting The Job.” You can follow Copeland Coaching on Twitter (@CopelandCoach) and Facebook (Facebook.com/CopelandCoaching). News m a ke r s Meghan McMahon Joins Glankler Brown as Associate Kate Simone ksimone@memphisdailynews.com Meghan K. McMahon has joined Glankler Brown PLLC as an associate, concentrating her practice in business and commercial litigation and intellectual property. McMahon previously worked in academic and membership affairs for the NCAA, and has experience with issues relating to NCAA compliance, sports and entertainment contracts, intellectual property. Hometown: Germantown Experience: Bachelor of Arts in 2010 and juris doctorate in 2013, from the University of Notre Dame Family: Parents Jim and Denice, and brother Sean Favorite quote: “Everyone you will ever meet knows something you don’t.” – Bill Nye Favorite movie: “It’s a Wonderful Life” The sports teams you root for: Notre Dame; Memphis Grizzlies; Chicago White Sox, Bears and Blackhawks; and whoever plays the Cubs What’s playing on your stereo right now? Pat McKillen, a friend from college who is on the verge of making it big in the music industry Activities you enjoy outside of work: Spending time with family and friends, traveling, yoga, Pure Barre and watching sports Rev. Harry D. Durbin has been named senior vice president of Faith & Durbin Health for Methodist Le Bonheur Healthcare. Durbin has been part of Methodist’s Faith & Health Division since 2011 and began serving as interim senior vice president in May 2012. Chandra Alston has been named the assistant vice chancellor of human Alston resources at the University of Tennessee Health Science Center. Alston as served as interim director of human resources since July while maintaining her duties What talent do you wish you had? I would love to be able to play the piano. Who has had the greatest influence on you and why? My mother, Denice. She sacrificed her successful marketing career in order to raise my brother and me when we were young, and she has McMahon since worked tirelessly to get back sincere in their desire to help me into freelance marketing and consulting. Now, she owns her own small learn and grow as a new attorney. business and has been recognized What do you consider your greatnationally for her accomplishments. est accomplishment? I am proud to My mother constantly inspires me have been captain of Notre Dame’s to pursue my goals and never sell cheerleading team. I cheered for four myself short. years, including my first two years of law school, and I was able to sucWhat attracted you to Glankler cessfully balance academics with the Brown? I knew that the breadth and demands of being a varsity athlete. experience of the firm would provide a great foundation for building my If you could give one piece of adown practice in Memphis. Glankler vice to young people, what would Brown has an excellent reputation in it be? The economy is very difficult the Memphis community, and it was for new graduates right now, but be evident from my interviews that this patient. Sometimes the best opporpraise is well-deserved. The senior tunity for you is the one that takes a management committee members I while to find! met during my office visit were very as assistant dean for finance and administration for the UTHSC College of Allied Health Sciences. Dana Avant has been named vice president/chief nursing officer at Methodist South Hospital. Avant joined Methodist Le Bonheur Healthcare in 2004 and most recently served as administrative director of nursing for Methodist University Hospital. Ali Glemser has joined Obsidian Public Relations as an account assistant. Glemser Glemser was an intern at the firm before being hired to the full-time position. Sarah Lichterman has been promoted to account specialist. Lichterman was an Obsidian intern before joining the company in June as an account assistant. Robin Hogue-Hughes has joined Closetrak LLC as an associate attorney in the Bartlett office. HogueHughes comes to the firm with more than 20 years of residential and commercial real estate closing, title and legal experience. Memphis Athletic Ministries has named Beth Cummins and Ruth Hamilton to its board of directors. Cummins is the national accounts manager for Impact Innovations, and Hamilton is cofounder of Point of Impact Global Missions. The Tennessee Association of Construction Counsel has elected its 2014 officers, including Memphians Jim Summers, president; Beth Stengel, secretary; and John Willett, director. Heather Nordtvedt has joined Literacy Mid-South as community Nordtvedt relations manager, working to increase public and private support for the organization through special events, annual fundraising campaigns and grant writing. She previously served as a development coordinator for Ronald McDonald House Charities of Memphis. The C.H. Nash Museum at Chucalissa has received the Sponsor of the Year award from AmeriCorps, recognizing the role the museum played in coordinating collaborative projects between AmeriCorps teams and community partners in Southwest Memphis. www.thememphisnews.com February 7-13, 2014 25 S m a ll B u s i n ess E n t r ep r e n e u r s h i p Samuelson Turns Passion Into Race Management Memphian Prepares to Launch ‘Fashion Truck’ Andy Meek ameek@memphisdailynews.com C Mike Samuelson, in the Run Across America on Trail event, started Altis Endurance Sports last year. (Submitted Photo) Erinn Figg Special to The Memphis News R etired Navy Cmdr. Michael Samuelson of Lakeland has one simple philosophy that sums up his approach to life: “Enjoy yourself.” For Samuelson, that enjoyment often comes in the form of running, usually on trails and frequently for more than 26 miles during one run. Oh, and he also likes to run across the country, as in from Washington to Delaware in 80 days. Samuelson is an avid ultrarunner – an endurance runner who runs marathons longer than the traditional 26.2 miles. His new race-management company, Altis Endurance Sports, which he started in May with Navy buddy and fellow runner Frank Dembia of Annapolis, Md., aims to spread the joy of trail running by organizing half-marathons, marathons and ultramarathons throughout the country. “There are more and more ultramarathon, marathon and half-marathon races and race finishers every year. The plan is for Altis Endurance to provide quality races for those runners interested in completing events on great trails,” Samuelson said. The most common ultramarathon distances are 50 kilometers, 100 kilometers, 50 miles and 100 miles. At age 48, Samuelson has been running them for more than 16 years. During that time, he has run more than 20 100-mile races. “I feel alive. I feel my best when running, even when it’s tough out there and I’m hurting. I don’t wear headphones. I don’t listen to music,” Samuelson said. “It’s what my body needs.” Samuelson ran his first marathon, the Marine Corps Marathon in Washington, in 1987. It wasn’t the greatest experience in the world, so he didn’t run another one until the 1994 San Diego Marathon. Once again, not the greatest experience. But this time, something was different. “I didn’t train well. I did very poorly. I was very queasy. But a half-hour after finishing, I couldn’t wait until the next race. I was hooked,” he said. “I often wonder if I still would have turned out to be a running addict if I hadn’t run so poorly in that race.” Sounds like a cryptic statement until you factor in Samuelson’s passion for a good challenge, whether in life or on a trail. The tougher a racecourse is, the more determined he is to beat it. And after beating them for almost two decades, he’s now ready to plan them. The two business partners organized and directed their first race, the Surface Line Week 10K, while they were still in the Navy and, since then, had frequently toyed with the idea of doing it for a living. After their careers took them in different directions, Samuelson continued managing races as a hobby, serving as director of the annual SwampStomper 25K/50K in Millington from 2010 to 2013 – this year, he served as the assistant director of the Jan. 19 race – and the Bartlett Park Ultras from 2007 to 2013. “The thought of directing races for-profit had crossed my mind a few times over the years, but I never seriously considered it until April 2013. I had just rejoined the U.S. Postal Service in February, delivering the mail in Millington a couple days a week. I enjoy delivering the mail, but I needed another outlet – another challenge,” Samuelson said. "I called Frank and asked if he was serious about directing races for-profit. He was serious.” The inaugural Altis Endurance event was the Jan. 5 Herb Parsons Trail Marathon and Half Marathon in Fayette County. Tough weather aside, it went off without a hitch, Samuelson said. Next up is the Feb. 23 Shelby Forest Loop Marathon and Half Marathon in Millington. Fellow runners say they appreciate Samuelson’s respect for the sport. “I was first introduced to Mike's race-organizing skills at the final Bartlett Park Ultras last September,” said Houston Wolf, a Germantown ultrarunner who’s been running marathons since 2008. “What I can speak to is how well-organized and no-frills it was. Mike understands what runners want and don't want in their race experience. He really gets it.” So far, the company website, altisendurance.com, lists events and marathon series in Tennessee, Mississippi and Mid-Atlantic and New England states. Samuelson plans to eventually extend that reach even further. And who knows, maybe one day he’ll organize another trans-America run, a feat he accomplished from May 30 to Aug. 17, 2012, during the Run Across America on Trail event, which took him about two years to plan. Four runners started the 80-day journey in Twin Harbors, Wash. Only two, Samuelson and Jennifer Bradley, who made history by becoming the first British woman to run across America in 80 days, completed the run at Cape Henlopen State Park in Lewes, Del. Samuelson’s time was 719 hours and 47.2 minutes, averaging 41 miles a day. samuelson continued on P29 yndii Jo Hartley, a hairdresser at Epic Total Salon, is preparing to start her own clothing boutique – one with a concept that ought to sound familiar to fans of Memphis’ food truck community. Instead of food, though, Hartley’s mobile boutique will sell clothes and accessories from a truck that’s roughly 18 feet long by around 7 feet wide. The roving boutique will be what’s known as a fashion truck – complete with a dressing room. And as entrepreneurs have done with the food they sell out of campers and vans, Hartley will bring a smaller-scale, personalized shopping experience to her own mobile unit. She’s hoping to open the doors in late March or early April. She recently bought her truck, and she’s been out of town over the past few days as she builds up inventory for the new venture. “I’m really excited,” Hartley said. “I’ve been doing hair for 14 years, and for several years I’ve rented my space at the salon. I’ve considered myself self-employed, so I felt like a small-business owner already and had just been thinking what my next step is.” For now, the plan is to split her time evenly during the week, three days at the salon and three days in her fashion truck. The inventory will come from more than one source. In recent days, she’s been at an apparel market in Atlanta, meeting with designers and brands to get some inventory there. Some inventory also will come locally from Memphis. She’ll mostly be selling ladies apparel and accessories as well as some jewelry and handbags. And she hopes to keep everything in the truck priced at $100 or less. She envisions customers spanning all age groups, especially including those shoppers who love to see and touch what they buy and aren’t solely concerned with the quick convenience of buying online. Another reason she’s excited about the venture is the range of possibilities it affords. She’ll be able, for example, to drive the truck somewhere a buyer might want to shop for clothes while on a break from work. She also talks about having a chalkboard outside for announcements and messages, and an inviting display that woos people in. “I could take it and park in high-traffic areas that might not have lots of retail and also do private events at people’s homes,” Hartley said. She heard about fashion trucks a little more than a year ago but didn’t seriously consider opening one herself until last April. That’s when she had a bicycle accident and, because of the injury from it, had a long recovery before returning to work. She still works at the salon, albeit doing less than before the accident. “That got me thinking what to do next,” she said. She got more serious and started talking to other people about the idea, eventually connecting with the Mayor’s Innovation Delivery Team. The team had launched a mobile retail pilot program whereby grants were offered to applicants whose plan involved setting up a venture from something like a truck. Through the program, Hartley got a forgivable loan administered by alt.consulting, a firm that’s been working closely with the Innovation Delivery Team. www.thememphisnews.com 26 February 7 7-13, - 13,2014 2014 public notices Foreclosure Notices Fayette County NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated June 30, 2005, and the Deed of Trust of even date securing the same, recorded July 15, 2005, at Book D787, Page 67 in Office of the Register of Deeds for Fayette County, Tennessee, executed by Mary E. Dockery and Jennings L. Dockery, conveying certain property therein described to I. Dyke Tatum as Trustee for Mortgage Electronic Registration Systems, Inc., as nominee for U.S. Bank N.A., its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on February 24, 2014 on or about 10:00 A.M., at the Fayette County Courthouse, Somerville, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Fayette County, Tennessee, and being more particularly described as follows: Lot 63, Section A, Oakland’s Greenvalley Subdivision, as shown on plat of record in Plat Book 7, Page 86, in the Register’s Office of Fayette County, Tennessee, to which plat reference is made for a more particular description of said property. ALSO KNOWN AS: 20 Spring Valley Drive, Oakland, Tennessee 380603411 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Mary E. Dockery; Jennings L. Dockery The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 848-239286 DATED December 30, 2013 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM Jan. 24, 31, Feb. 7, 2014 Fjn11698 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated October 10, 2008, and the Deed of Trust of even date securing the same, recorded November 20, 2008, as Instrument No. 08008077 in Office of the Register of Deeds for Fayette County, Tennessee, executed by Candice Haynes, conveying certain property therein described to Monte S. Connell as Trustee for American Mortgage Services, Inc.; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on March 3, 2014 on or about 10:00 A.M., at the Fayette County Courthouse, Somerville, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Fayette County, Tennessee, and being more particularly described as follows: Lot 93, 1st Addition, The Grove of Oaklands Subdivision, as shown on plat of record in Plat Book 7, Page 56, in the Register’s Office of Fayette County, Tennessee, to which plat reference is hereby made for a more particular description of said property. ALSO KNOWN AS: 100 Riverwood Cove, Oakland, Tennessee 380603409 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Candice Haynes; Community Bank N.A. The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 700-192604 DATED January 24, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM Jan. 31, Feb. 7, 14, 2014 Fjn11703 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated October 29, 2002, and the Deed of Trust of even date securing the same, recorded November 8, 2002, at Book D644, Page 358 in Office of the Register of Deeds for Fayette County, Tennessee, executed by Shunda Wilkins and Ronald E. Wilkins, conveying certain property therein described to Kathryn L. Harris as Trustee for Mortgage Electronic Registration Systems, Inc., as nominee for Community Mortgage Corporation, its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on February 24, 2014 on or about 10:00 A.M., at the Fayette County Courthouse, Somerville, Ten- nessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Fayette County, Tennessee, and being more particularly described as follows: Lot 51, Phase II, Oakland’s Reserve Subdivision, as shown on plat of record in Plat Book 7, Page 163 of the Register’s Office of Fayette County, Tennessee, to which plat reference is hereby made for a more particular description of said property. ALSO KNOWN AS: 280 Winding Creek Drive, Oakland, Tennessee 38060 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Shunda Wilkins; Ronald E. Wilkins The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 1286-144039 DATED January 24, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM Jan. 31, Feb. 7, 14, 2014 Fjn11704 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated February 3, 1999, and the Deed of Trust of even date securing the same, recorded March 26, 1999, at Book 508, Page 410 in Office of the Register of Deeds for Fayette County, Tennessee, executed by Thomas Price, Sr. and Renee Price, conveying certain property therein described to Rick Atkison as Trustee for In-Home Lenders, a Corporation; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on March 10, 2014 on or about 10:00 A.M., at the Fayette County Courthouse, Somerville, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Fayette County, Tennessee, and being more particularly described as follows: Lot 88 Civil War Subdivision, in Fayette County, Tennessee, as recorded in Plat Book 3, Page 5, and being more particularly described as follows: Beginning at an old iron pin in the North line of Blue Gray Road 332.07 feet Eastwardly from the North line The Memphis News Call 683-NEWS of a 50 foot roadway as shown on recorded plat, said point being in the West line of Blue Gray Road a distance of 250 feet to an old iron pin in the East line of Lot 87; thence Northwardly with the East line of Lot 87, a distance of 417.42 feet to a point in the North line of said subdivision and parallel with Blue Gray Road 250 feet to an old iron pin in the West line of Lot 89, 417.42 feet to the point of beginning. ALSO KNOWN AS: 370 Blue Gray Circle, Collierville, Tennessee 38017 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Thomas Price, Sr.; Renee Price The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 817-199726 DATED January 29, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM Feb. 7, 14, 21, 2014 Fjn11713 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated August 5, 2005, and the Deed of Trust of even date securing the same, recorded September 23, 2005, at Book 1232, Page 622 and modified on November 14, 2013, at Book 1608, Page 443 in Office of the Register of Deeds for Tipton County, Tennessee, executed by Sherman G. McGill, Jr. and Mary G. McGill, conveying certain property therein described to Accurate Title and Escrow as Trustee for Mortgage Electronic Registration Systems, Inc., as nominee for Accredited Home Lenders, Inc. A California Corporation, its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on February 19, 2014 on or about 10:00 A.M., at the Tipton County Courthouse, Covington, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Tipton County, Tennessee, and being more particularly described as follows: Lot 9 Franklin Square Subdivision, Section A, as recorded in Plat Cabinet F, Slide 56, in the Register’s Office of Tipton County, Tennessee, to which plat reference is hereby made for a more particular description of said lot. ALSO KNOWN AS: 390 Beaver Road, Munford, Tennessee 38058 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Sherman G. McGill, Jr.; Mary G. McGill; Mortgage Electronic Registration Systems, Inc acting solely as nominee for Accredited Home Lenders, Inc.; Marshall Investments Corporation; Regions Bank; SIH Family Acquisition I, LLC; SIH Family Acquisition I, LLC; SIH Family Acquisition I, LLC; Southwest Tennessee Electric Membership Corporation; Patriot Bank; Washington Mutual Bank, FA; Martha F. Lowe; Deutsche Bank National Trust Company, as Trustee for Morgan Stanley Home Equity Loan Trust 2006-2, Mortgage Pass-Through Certificates, Series 2006-2 The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 725-204132 DATED January 16, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM Jan. 24, 31, Feb. 7, 2014 Fjn11699 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated June 12, 2006, and the Deed of Trust of even date securing the same, recorded July 24, 2006, as Instrument No. 06006396 in Office of the Register of Deeds for Fayette County, Tennessee, executed by Cathy B. Catron, conveying certain property therein described to Walter H. Neilsen, Nashville City Center #2100, 511 Union St, Nashville, TN. 37219 as Trustee for Mortgage Electronic Registration Systems, Inc., as nominee for Encore Credit Corp. a California Corporation, its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on February 24, 2014 on or about 10:00 A.M., at the Fayette County Courthouse, Somerville, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Fayette County, Tennessee, and being more particularly described as follows: Lot Number 19, Section A, Morris Subdivision, as shown by Plat of record in Plat Book 2, Page 20, Register’s Office for Fayette County, Tennessee, to which plat reference is hereby made for a more complete legal description. ALSO KNOWN AS: 795 Lynn Street, Somerville, Tennessee 38068 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Cathy B. Catron The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 1455-229142 www.thememphisnews.com February - 13, 2014 2 February77-13, 277 public notices DATED January 20, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM Jan. 24, 31, Feb. 7, 2014 Fjn11700 Foreclosure Notices Madison County NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated March 10, 2004, and the Deed of Trust of even date securing the same, recorded March 17, 2004, at Book T1564, Page 737 in Office of the Register of Deeds for Madison County, Tennessee, executed by Orin Christie, Jr. Meamya D. Christie Meamya D. Christie Orin Christie, Jr. and Meamya D. Christie, conveying certain property therein described to Wesley D. Turner as Trustee for Argent Mortgage Company, LLC; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on February 27, 2014 on or about 10:00 A.M., at the Madison County Courthouse, Jackson, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Madison County, Tennessee, and being more particularly described as follows: Being Lot 69 in Section VII of Burlington Park Subdivision, a plat of which appears of record in Plat Book 5, Page 192, in the Register’s Office of Madison County, Tennessee, reference to which plat is hereby made for a more particular description of said lot showing its location and the length and direction of its boundary lines. ALSO KNOWN AS: 33 Saint James Cove, Jackson, Tennessee 38305 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Orin Christie , Jr.; Meamya D. Christie; Meamya D. Christie; Orin Christie , Jr.; Meamya D. Christie; Velocity Investments, LLC The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 700-183050 DATED January 27, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. AUCTION.COM Jan. 31, Feb. 7, 14, 2014 Fjn11702 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated March 21, 2008, and the Deed of Trust of even date securing the same, recorded March 24, 2008, at Book T1827, Page 1689 in Office of the Register of Deeds for Madison County, Tennessee, executed by Olivia Deberry and Charlie Deberry, conveying certain property therein described to Landamerica Lawyers Title as Trustee for Mortgage Electronic Registration Systems, Inc., as nomineee for Security Atlantic Mortgage Co. Inc., its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on April 17, 2014 on or about 10:00 A.M., at the Madison County Courthouse, Jackson, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Madison County, Tennessee, and being more particularly described as follows: Beginning at an iron pin in the West margin of Hollywood Drive at the Northwest corner of Carl Williams Lot; runs thence with the West margin of said street North 40 degrees 30 minutes West 100.00 feet to an iron pin; thence South 51 degrees 00 minutes West 200.00 feet to a point; thence South 54 degrees 00 minutes West 77.00 feet to an iron pin; thence South 40 degrees 30 minutes East 104.03 feet to an iron pin in Williams North line; thence North 51 degrees 00 minutes East 276.79 feet to the point of beginning, and containing 0.64 acres. ALSO KNOWN AS: 1262 Hollywood Drive, Jackson, Tennessee 383013809 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Olivia Deberry; Charlie Deberry; Credit Acceptance Corporation The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 1286-239069 DATED January 28, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. AUCTION.COM Jan. 31, Feb. 7, 14, 2014 Fjn11705 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated April 25, 2012, and the Deed of Trust of even date securing the same, recorded May 1, 2012, at Book T1925, Page 861 in Office of the Register of Deeds for Madison County, Tennessee, executed by Jay Mitchell Roberts, conveying certain property therein described to W. Aaron Fortner as Trustee for Mortgage Electronic Registration Systems, Inc., as nominee for Churchill Mortgage Corporation, its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on March 27, 2014 on or about 10:00 A.M., at the Madison County Courthouse, Jack- son, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity pre-approved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Madison County, Tennessee, and being more particularly described as follows: Being Lot Number Eighty-nine (89), Section V, Carroll Stadium Subdivision, a plat of which appears of record in Plat Book 7 at Page 82, in the Register’s Office of Madison County, Tennessee, to which plat reference is hereby made for a more complete description. ALSO KNOWN AS: 580 Gettysburg Drive, Jackson, Tennessee 38305 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Jay Mitchell Roberts The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 700-242512 DATED January 15, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. AUCTION.COM Jan. 24, 31, Feb. 7, 2014 Fjn11697 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated December 19, 2007, and the Deed of Trust of even date securing the same, recorded December 28, 2007, at Book T1821, Page 86 in Office of the Register of Deeds for Madison County, Tennessee, executed by Tyles Staten and Sholanda Staten, conveying certain property therein described to Arnold M. Weiss, Esq. as Trustee for Wells Fargo Bank, N.A.; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on February 20, 2014 on or about 11:00 A.M., at the Madison County Courthouse, Jackson, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Madison County, Tennessee, and being more particularly described as follows: All that certain lot or parcel of land situate in the County of Madison, State of Tennessee, and being more particularly described as follows: Beginning at a point of the Northwestern intersection of Westwood Avenue and Campbell Street; runs thence Westerly with the North margin of Westwood Avenue a distance of 188 feet, more or less, to a point; runs thence North 157.8 feet, more or less; runs thence East 10 feet, more or less; runs thence North 10 feet more or less; runs thence East 183.6 feet, more or less, to a point in the Western margin of Campbell Street; runs thence South slightly west with the West margin of Campbell Street 170 feet, more or less, to the point of beginning. ALSO KNOWN AS: 401 Westwood Avenue, Jackson, Tennessee 38301 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Tyles Staten; Sholanda Staten; American General Financial Services, Inc. The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 1286-199917 DATED January 17, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM Jan. 24, 31, Feb. 7, 2014 Fjn11701 NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated March 10, 2004, and the Deed of Trust of even date securing the same, recorded March 17, 2004, at Book T1564, Page 737 in Office of the Register of Deeds for Madison County, Tennessee, executed by Orin Christie, Jr. Meamya D. Christie Meamya D. Christie Orin Christie, Jr. and Meamya D. Christie, conveying certain property therein described to Wesley D. Turner as Trustee for Argent Mortgage Company, LLC; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on February 27, 2014 on or about 10:00 A.M., at the Madison County Courthouse, Jackson, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity preapproved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Madison County, Tennessee, and being more particularly described as follows: Being Lot 69 in Section VII of Burlington Park Subdivision, a plat of which appears of record in Plat Book 5, Page 192, in the Register’s Office of Madison County, Tennessee, reference to which plat is hereby made for a more particular description of said lot showing its location and the length and direction of its boundary lines. ALSO KNOWN AS: 33 Saint James Cove, Jackson, Tennessee 38305 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Orin Christie , Jr.; Meamya D. Christie; Meamya D. Christie; Orin Christie , Jr.; Meamya D. Christie; Velocity Investments, LLC The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place Related Info Also read our daily edition, The Daily News, in print or online every business day for public notices for Memphis & Shelby County. Go to www.memphisdailynews.com or call 683.NEWS for more information. certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 700-183050 DATED January 27, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW.AUCTION.COM Jan. 31, Feb. 7, 14, 2014 Fjn11702 Foreclosure Notices Tipton County NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated September 18, 2009, and the Deed of Trust of even date securing the same, recorded October 8, 2009, at Book 1454, Page 188 in Office of the Register of Deeds for Tipton County, Tennessee, executed by Vernon D. Jones and Flora M. Jones, conveying certain property therein described to Arnold M. Weiss, Esq. as Trustee for Wells Fargo Bank, N.A.; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on April 2, 2014 on or about 10:00 A.M., at the Tipton County Courthouse, Covington, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity pre-approved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Tipton County, Tennessee, and being more particularly described as follows: Lot 42, McLister Place Subdivision as recorded in Plat Cabinet G. Slide 72 of the Tipton County Register’s Office to which reference if hereby made for a more particular description of said lot. ALSO KNOWN AS: 261 Royal Oaks Drive, Brighton, Tennessee 38011 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: Vernon D. Jones; Flora M. Jones; Timbs Builders & Supply Company, L.P.; Timbs Builder & Supply Co., LP The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 1286-200698 DATED January 28, 2014 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. Continued on Page 28 www.thememphisnews.com www.thememphisnews.com 28 February 7-13, 7 - 13,2014 2014 public notices Foreclosure Notices Continued from Page 27 MYFIR.COM and WWW.REALTYTRAC. COM Jan. 31, Feb. 7, 14, 2014 Fjn11707 Misc. Notices Shelby County NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY Notice is hereby given that the undersigned will sell, to satisfy lien of the owner, at public sale by competitive bidding on February 13, 2014 at 10:00 a.m. at the Extra Space Storage facility located at: 2939 Poplar Ave. Memphis, TN 38111 901-452-1185 The personal goods stored therein by the following may include, but are not limited to general household, furniture, boxes, clothes, and appliances. Kathleen Mclallen 042, Elizabeth Bell 404, Elijah Marshall 193, Brittanii Brown 766, Letrice Campbell 084, Jennifer Dunn 221, Kimberly Brown 357, Erica King 151. Purchases must be made with cash only and paid at the time of sale. All goods are sold as is and must be removed at the time of purchase. Extra Space Storage reserves the right to refuse any bid. Sale is subject to adjournment. Feb. 8, 2014 Mjn11712 NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY Notice is hereby given that the undersigned will sell, to satisfy lien of the owner, at public sale by competitive bidding on February 13, 2014 at 11:30 a.m. at the Extra Space Storage facility located at: 1235 Gateway Dr. Memphis, TN. 38116. Ph. 901-332-4405. The personal goods stored therein by the following may include, but are not limited to general household, furniture, boxes, clothes, and appliances. Units: #A13 Shamice Williams, #A49 Daisy McNeil, #A54 Bruce Knowles, #C51 Angela Smith, #C58 Lynease Myles, #C72 Jacqueline Evans, #C98 Cleveland Elliott, #D25 Lisa Thomas, #E22 Patricia Beard, #F35 Jasmine Rankin Purchases must be made with cash only and paid at the time of sale. All goods are sold as is and must be removed at the time of purchase. Extra Space Storage reserves the right to refuse any bid. Sale is subject to adjournment. Feb. 8, 2014 Mjn11706 PUBLIC NOTICE NOTICE IS HEREBY GIVEN THAT THE UNDERSIGNED WILL SELL, TO SATISFY LIEN OF THE OWNER, AT PUBLIC SALE BY COMPETITIVE BIDDING ON FEB 13,2014 AT 10:45 AM AT THE EXTRA SPACE STORAGE FACILITY LOCATED AT: 1075 MADISON AVE. MEMPHIS, TN 38104 PHONE NUMBER 901-525-7545 THE PERSONAL GOODS STORED THEREIN BY THE FOLLOWING MAY INCLUDE, BUT ARE NOT LIMITED TO GENERAL HOUSEHOLD, FURNITURE, BOXES, CLOTHES, AND APPLIANCES: TOMMIE GLADNEY JR 282, MARCHE JOHNSON 069, FELICIA FLOYD 178, KIMBERLY COLEMAN 246. PURCHASES MUST BE MADE WITH CASH ONLY AND PAID AT THE TIME OF SALE. ALL GOODS ARE SOLD AS IS AND MUST BE REMOVED AT THE TIME OF PURCHASE. EXTRA SPACE STORAGE RESERVES THE RIGHT TO BID. SALE IS SUBJECT TO ADJOURNMENT. Feb. 8, 2014 Mjn11708 NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY Notice is hereby given that the undersigned will sell, to satisfy lien of the owner, at public sale by competitive bidding on February 13, 2014 at 10:15 AM at the Extra Space Storage facility located at: 2699 Union Ave Ext. Memphis, TN 38112 901.452.8539 The personal goods stored therein by the following may include, but are not limited to general household, furniture, boxes, clothes, and appliances William Emerson #D7,Deanna Combs #U3,Akiera Stewart #I54,Lisa Carter #F12,Syble Mitchell #HI1, Constance Brown #C10,Calvin Hall #F20 Purchases must be made with cash only and paid at the time of sale. All goods are sold as is and must be removed at the time of purchase. Extra Space Storage reserves the right to refuse any bid. » happenings Memphis Botanic Garden will host the Green Your Home Winter Plant Sale Friday, Feb. 7, and Saturday, Feb. 8, from 9 a.m. to 5 p.m. at the garden, 750 Cherry Road. The sale will feature house plants, custom potting, terrariums and garden gift items. Admission is free. Visit memphisbotanicgarden.com. The Daily News and In-Synk will host a Leadership Lunch and Learn discussing Gary Keller and Jay Papasan’s book “The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results” Friday, Feb. 7, from 11:45 a.m. to 12:45 p.m. in the Triumph Bank boardroom, 5699 Poplar Ave. Tickets are $20. Visit lnltheonething. eventbrite.com. symphony.org. David Lusk Gallery will host an opening reception for Anne Siems’ “trees” and Carlyle Wolfe’s “until the day breathes …” Friday, Feb. 7, from 6 p.m. to 8 p.m. at the gallery, 4540 Poplar Ave. The exhibit runs through March 8. Visit davidluskgallery. com. Belz Museum of Asian & Judaic Art will hold its Chinese New Year Family Day celebration Saturday, Feb. 8, from noon to 4 p.m. at the museum, 119 S. Main St. The event will include cultural performances, children’s crafts, raffles and more. Cost is free. Visit belzmuseum.org. The Buckman Performing Arts Center at St. Mary’s School will host African circus troupe Cirque Zuma Zuma Friday, Feb. 7, at 7 p.m. at Buckman, 60 Perkins Road Extended. Buy tickets at buckmanartscenter.com. The Booksellers at Laurelwood will host Vincent Astor, author of “Memphis Movie Theatres” for a discussion and signing Saturday, Feb. 8, at 4 p.m. at the bookstore, 387 Perkins Road Extended. Visit thebooksellersatlaurelwood.com. The Children’s Museum of Memphis will host its Cirque du CMOM fundraiser Saturday, Feb. 8, from 7 p.m. to midnight at the museum, 2525 Central Ave. The “Memphis Strong” themed event will feature live music from Ruby Wilson, Al Kapone and Alexis Grace, and food from more than 30 local restaurants. Tickets are $150. Visit cmom.com. Memphis Child Advocacy Center will host its Works of Heart fundraiser auction Saturday, Feb. 8, from 7 p.m. to 10 p.m. at Memphis College of Art, 1930 Poplar Ave. The event will feature works by 100 regional artists, beer and wine and appetizers. Tickets are $75 through Friday, Feb. 7, or $100 at the door. Visit memphiscac. org. Memphis Symphony Orchestra will present “Peter and the Wolf” as part of the Paul and Linnea Bert Friday Classic Accents series Friday, Feb. 7, at 7:30 p.m. at Lindenwood Christian Church, 2400 Union Ave. Tickets are $39 for adults and $5 for children. Buy tickets at memphis- The Metal Museum will host Champagne Sunday on Sunday, Feb. 9, from noon to 5 p.m. at the museum, 374 Metal Museum Drive. Attendees can sip champagne, wine and beer while shopping for one-of-a-kind jewelry and gifts in the museum store. Cost is free. Visit metalmuseum.org. The U.S. National Indoor Tennis Championships will be held Saturday, Feb. 8, through Feb. 16 at The Racquet Club of Memphis, 5111 Sanderlin Ave. The ATP World Tour event supports St. Jude Children’s Research Hospital. Visit memphistennis.com for tickets and a schedule. Sale is subject to adjournment. Feb. 8, 2014 Mjn11709 NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY Notice is hereby given that the undersigned will sell, to satisfy lien of the owner, at public sale by competitive bidding on FEBRUARY 13, 2014 at 9:30 A.M at the Extra Space Storage facility located at: 4649 Kirby Parkway MEMPHIS, TN 38141 901-366-6369 The personal goods stored therein by the following may include, but are not limited to general household, furniture, boxes, clothes, and appliances, KESHA MORRIS #B23; JANICE PARKER #D40; DIESHIA SIMMONS #F89; KELEIAN DAWSON #E34; KIMBERLY M WILLIAMS #E68; EVELYN H. CLARK #E59; EARNESTINE DANDRIDGE #B47; LATOYA ALBRIGHT #D24; OTHA FARRIS #F97; AUSTIN TURNER #C1; TORA HILL#C62; MARK MOORE #D49; TORY WILLIAMS #B27; JANET POINTER #C52; GEORGE BURNETTE JR #F65; MARIO WARE #RV 60; OLIVIA WALSH #D37; KIMBERLY M. PERRY; #E68 KIMBERLY MARIE PERRY; #E68; KIMBERLY MARIE WILLIAMS #E68; KIMBERLY M. WILLIAMS #E68; Purchases must be made with cash only and paid at the time of sale. All goods are sold as is and must be removed at the time of purchase. Extra Space Storage reserves the right to refuse any bid. Sale is subject to adjournment. The University of Memphis Rudi E. Scheidt School of Music will present “Music for Two: A Valentine’s Concert” Sunday, Feb. 9, at 3 p.m. at Harris Concert Hall, 3775 Central Ave. The school’s professors and their spouses will perform duets and share anecdotes about their lives as musicians and couples. Cost is free. Visit memphis.edu. Germantown Performing Arts Center will host an artist reception for Kelly Fischer, whose work is on display throughout February, Sunday, Feb. 9, from 1 p.m. to 3 p.m. at GPAC, 1801 Exeter Road. Visit gpacweb.com. The Confucius Institute at the University of Memphis will host “An Oriental Monsoon,” presented by China’s Hangzhou Normal University, Sunday, Feb. 9, at 7 p.m. in the University Theatre at Christian Brothers University, 650 East Parkway S. The program will include classic Chinese dance, instrumental solos and opera pieces. Cost is free; seating is limited. Email riki.jackson@memphis.edu or call 678-2595. Boys & Girls Clubs of Greater Memphis will host An Evening With Fred Davis Tuesday, Feb. 11, from 6 p.m. to 8 p.m. at the organization’s Technical Training Center, 903 Walker Ave. Davis served as the first black chairman of the Memphis City Council and opened one of the South’s first African-American-owned insurance agencies. Tickets are $100. Visit bgcm. org. Methodist North Hospital will hold a stroke support group meeting Tuesday, Feb. 11, at 2 p.m. in day room one at HealthSouth Rehabilitation, 4100 Austin Peay Highway. The topic is “Light at the End of the Tunnel: How seasonal depressive disorders affect stroke patients.” Visit methodisthealth.org or call Connie Holland at 516-5947. The Kroc Center will hold a nutrition seminar titled “Nutrition & Athletic Performance” Tuesday, Feb. 11, at 5:30 p.m. at the center, 800 East Parkway S. Cost is $2; open to the public. Visit krocmemphis. org. The Shelby County Trustee’s office will hold a Project H.O.M.E. (Home Ownership Feb. 8, 2014 Mjn11711 NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY Notice is hereby given that the undersigned will sell, to satisfy lien of the owner, at public sale by competitive bidding on February 13 ,2014 at 11:00 a.m. at the Extra Space Storage facility located at: 395 Union Ave Memphis, TN. 38103. Ph. 901.521.7051 The personal goods stored therein by the following may include, but are not limited to general household, furniture, boxes, clothes, and appliances. Units:#134 Bateman Gibson LLC, #15 Tiffany Watts,#209 Debra McBride, #244 Sean Marion, #254 Family Home Health Agency, #296 James Kovarik on behalf of City of Memphis, #303 Renondia Patterson, #395 Christopher Keith Medlock, #441 Dorlene Woods, #512 Kimishia R Burton, #517 Tanjie Hurt, #521 Alyssa Szeremet, #564 Yolanda Alston (VIN #4T1BG22K3WU861510 for Parts only), #627 Shena Wilson, #729 Tishina Daniels, #745 Latarsha Bell, #822 Chandra Nolan, #838 City of Memphis HR Benefits, #889 Demarrius Rimmer, #935 Jay Clifton, #955 Gwendolyn White Purchases must be made with cash only and paid at the time of sale. All goods are sold as is and must be removed at the time of purchase. Extra Space Storage reserves the right to refuse any bid. Sale is subject to adjournment. Feb. 8, 2014 Mjn11710 Made Easier) Financial Literacy workshop Tuesday, Feb. 11, from 6 p.m. to 8 p.m. at Glenview Community Center, 1141 S. Barksdale St. Attendees will learn the basics of budgeting, complete a spending plan and prepare a payment plan with Trustee staff to pay off delinquent taxes. Visit shelbycountytrustee.com. Talk Shoppe will meet Wednesday, Feb. 12, from 9 a.m. to 10 a.m. at DeVry University, 6401 Poplar Ave., sixth floor. Terri Murphy, president of Terri Murphy Communication and chief information officer for U.S. Learning, will present “Relationships & Romance: Both Require an ‘E’ Factor.” Cost is free. Visit talkshoppe.biz or call Jo Garner at 482-0354. Kiwanis Club of Memphis will meet Wednesday, Feb. 12, from noon to 1 p.m. at The University Club of Memphis, 1346 Central Ave. Steve Guinn, vice president of Highwoods Properties, will present “Real Estate Taxes: Memphis vs. Nashville.” Cost is $18 for nonmembers. cohen continued from P8 “We’ve got to get a bigger pipeline for students. By creating a free community college in West Tennessee, we have the opportunity to really build a pipeline of schools that will add students.” He thinks students who start in community college will continue on to the University of Memphis. Interim University of Memphis President Brad Martin has also identified helping students continue and complete their four-year degrees as a priority of his administration. The effort applies to students coming out of community colleges as well as those who dropped out. “We’re identifying those students,” Martin said on the WKNO-TV program “Behind the Headlines” before Haslam unveiled the Tennessee Promise proposal. “We are inviting them back. We are giving them support to find the right path. And we are helping them to finish.” www.thememphisnews.com February 7-13, 2014 29 Week of 1/27/14 - 2/2/14 crosswords The Weekly Crossword Edited by Margie E. Burke The Weekly Crossword ACROSS 1 Indian garment 5 Back and ____ 10 Sitter's challenge 14 Jacob, to Esau 15 Met offering 16 Apiece 17 Wipes out, mob-style 18 Mythical strongman 19 Italian coin of old 20 Drug smuggler 21 Air show stunt 22 Choice beef cut 23 Ask in earnest 25 Georgia's bulldog, e.g. 27 Segway alternative 29 Ballpark snack 33 Bikini half 36 Singer Stevens 37 Rope-ladder rung 38 Party hearty 40 Intrinsic nature 41 On in years 42 Ready-go link 43 Comic strip cry 44 Destructive beetle 45 Tornado alert 47 Tooth substance 49 Word before trail or chase 53 Type of drum 56 Diva's rendition 58 Prod along 59 Top-notch 60 Kitchen gadget 61 Spreadsheet function 62 Fan favorite 63 UV stopper 64 Washstand item 65 Rebut 66 Gossipy sort 67 Voice below soprano 1 2 3 by Margie E. Burke 4 5 6 7 8 9 14 15 16 17 18 19 20 21 23 24 27 33 34 35 38 25 28 29 36 42 44 31 32 51 52 43 45 47 46 48 55 49 56 57 50 58 59 60 61 62 63 64 65 66 67 Copyright 2014 by The Puzzle Syndicate DOWN 33 Cauldron 48 Mayan harvest 1 Old jazz dance contents 50 Search for prey 2 Worse than bad 34 Lady Macbeth, 51 Shore bird 3 Hunter's e.g. 52 Fashionably weapon 35 White House dated staffer 4 Trousers 53 Put into words measurement 37 Able to bounce 54 Stem swelling 5 Farm newborn back 55 Ever and ____ 6 Eye doctor's 39 To the extreme 57 Locale field 45 Sunday delivery 60 Diminutive dog 7 Change 46 Queasy feeling magazines, e.g. 8 Golf hazards Answer to Last Week's Crossword 9 Possesses S O C K T R A P S B A S T 10 Put down U P O N E E R I E A L O E 11 Pool table part D E L I A P R O N R O L E 12 Chunk of land S N A F U L E N D C H I N 13 Yonder object E N C A S E S H A D Y 22 Stairway sound J A R B A C T E R I A 24 School of E P I C U R E R E T R A C T thought E S T A T E F U T U R E 26 Beer, after a R E E N T E R P I A S T E R shot N O N E V E N T O W N of 1/27/14 - 2/2/14 28 Week Saffron rice F U T O N V E N E E R recipe E V E N B E N D D A F F Y T U N A 30 Wine's partner I N D I E D O L E C L O D A G O N Y A R E A 31 Back then H A R E S E R G E R E A R 32 Nerd's kin Edited by Margie E. Burke Edited by Margie E. Burke Copyright 2014 by The Puzzle Syndicate HOW TOTOSOLVE: HOW PLAY Each row must contain the numbers 1 to 9; each column must contain the numbers 1 to 9; and each set of 3 by 3 boxes must contain the numbers 1 to 9. Answer to Last Week's Sudoku ashlar hall continued from P12 samuelson continued from P25 ing has been vacant and deteriorating ever since, racking up a host of city code violations. Potter said his goal is to find a viable owner that can save the building from the wrecking ball. Cobb will have to submit his plan for the property to Potter at a planned Feb. 28 hearing. “I have to see where you’re going with it,” Potter told Cobb Jan. 27. “I have to see the potential.” He chronicles the run from the planning stages to the finish line on his blog Run Across America on Trail, runacrossamericaontrail.blogspot.com. “I tried to choose a route that had as much trail as possible and incorporated more than 1,000 miles of trail in that run,” Samuelson said. “Most ultras take place on trail, and I just wanted to try running across the country on them.” In fact, “try it” is another one of Samuelson’s short-but-sweet philosophies, one he shares with anyone who expresses interest in giving endurance or distance running a try. “If you enjoy running, I say go for it,” Samuelson said. “If you want to try a half-marathon or a marathon or even a 50K, just try it. Run for the joy of it and don’t have any regrets in the future.” state of the state continued from P11 Difficulty : Medium 30 40 13 37 39 54 12 26 41 53 11 22 Sudoku 10 it is sustainable over time,” he said. “It can’t be based on year-to-year budgets or changing legislatures or new administrations.” Private nonprofits would help with enrollment of those in the two initiatives under the Tennessee Promise banner, which Haslam said would eliminate administrative fees and channel all of the endowment funding to the students. The nonprofits would also provide mentoring and counseling to the students. Haslam added that the $110 million left in the lottery reserve is “a healthy amount.” Advertise in The Memphis News. Contact Leah Sansing @ 901.528.5270 hunter continued from P13 Alexander sees Hunter and Casablanca staying in Memphis “quite a while.” “I think with any company, whether it’s Hunter or anything, there’s a couple of things you look at. This does have a great heritage,” he said. “That’s a great asset because it’s a big brand and it’s well-known and we get a lot of support from the community.” www.thememphisnews.com 30 February 7-13, 2014 opinion Local Economic Incentives: Seeking a Better Solution T here has to be a better and simpler way to play the incentives game when it comes to economic development. If no one in the positions of authority really prefers the current arsenal of economic development incentives, why don’t they start to change them? We’ve heard it from Tennessee Gov. Bill Haslam, Memphis Mayor A C Wharton Jr. and Shelby County Mayor Mark Luttrell several times over when they are asked about the local use of payments-in-lieu-of-taxes, or PILOTs. The statement that they would prefer not to have to offer any incentives is always followed with the necessity for us to be able to compete with the incentives offered by the two states that border us. But it isn’t the much talked about “apples to apples” comparison. Our quest for economic development is simply too dependent on PILOTs even taking into account the unique challenges we face. The culprit is our continuing failure to start from scratch and instead add pieces to something that hasn’t made sense for quite a while. The bureaucratic infrastructure grows as the economic development incentives become more elaborate. And our incentives become more elaborate as our leaders search for ways to make the system more accountable. The administration of Tennessee Gov. Bill Haslam has found a way to make this much simpler at the state level. It’s called Fast Track funding for economic development. A grant for infrastructure and other public parts of an economic development project instead of a complex system of calculations and claw backs that seldom leave a mark. PILOTs exist to find a way around the statewide prohibition on waiving or forgiving property taxes and other ad valorem taxes. It’s a dodge that is technically not a tax waiver but in reality is. It makes us wonder whether going to some form of the state’s Fast Track grants on a local basis might not wind up allocating the same amount of money with less red tape – possibly even less total money. A grant is straight forward, easier for everybody to understand and therefore easier to assess than the complicated matrix presently used and deciphered by attorneys for all involved. It’s also a better and more basic discussion about accountability and value that could make for a better judgment taking into account our competition but also allowing us to keep our eye on the long-term goals that causes our leaders to speak of five-year economic plans in holy terms. All we see now is long-term plans for specific types of jobs and industries that go out the window the minute a site consultant for anyone shows up in this part of the country. A set of grants for public infrastructure based on some amount less than the current total of property taxes abated by payments-in-lieu-of-taxes sounds like it should be a simpler decision. Mutuality – A Must In Fundraising World portunity to congratulate her It’s not all about you. As you prepare for your on her successes, to connect next meeting with a current her with like-minded men and or potential donor, funder women, or to offer guidance or sponsor we suggest for how she can grow to the focusing on what you want next level. If she does all the to learn from the meeting. talking, you leave without MEL & Pearl shaw This is distinctly different FUNdraising Good Times having shared your sugfrom a focus on what you gestions for how she can want to share. experience even more success. Of course you need to be prepared to Here are a few questions you can condiscuss the accomplishments, challenges, sider including in your conversation: From and vision of the nonprofit organization or your vantage point, what do you see as institution you represent. But that is not our strengths? Our challenges? How does enough. As you prepare, determine what our work fit with what you are seeking to you want to accomplish as a result of the achieve through your philanthropy? Do you meeting, which three pieces of information have suggestions or guidance you could you want to share, what you would like to offer on how we could sustain and grow our learn and how you can engage the person organization? What trends are you seeing you are meeting with. nationally? How are these manifesting in Here’s what you don’t want: a one-sided our community? meeting where you share all the wonderful Practice having a conversation with things your nonprofit has accomplished another member of your board or a fellow followed by an ask for a gift or involvement. volunteer. Make a video so you can review You definitely don’t want a meeting where your presentation and make appropriate adyou talk about all the challenges that are justments. Practice until you like what you threatening your nonprofit. Even if you were see and hear. Leave room in the conversato walk away with a big check, we believe tion - and in your heart – for guidance and you would have neglected to secure the suggestions. Know when to be quiet. Listen. most valuable resource: the birth or growth The more people feel they can help you of a mutually beneficial relationship. succeed the more successful you can be. Here’s an alternative: Engage your curYou can accomplish more with others than rent and prospective donors in meaningful you can on your own. conversation. Think about it this way: If you Mel and Pearl Shaw help nonprofit orwere going out to lunch with a friend, would ganizations grow their fundraising. Services you want to spend all of your time hearing include coaching, campaign preparation about how wonderful she is? Wouldn’t you and proposal writing. Learn more at www. want her to ask about you, your successes, your challenges? Maybe you want the opsaadandshaw.com. Enjoying Life's Fascinations From a Child’s Eyes MEMPHASIS dan conaway URPED MY OATS. “I urped my oats,” the 2-year-old announced from the backseat. “Urped her oats? Did she throw up back there?” her grandfather questioned. “Yes, baby,” her grandmother said to her, “you do have purple boots.” Last week, her grandparents took 2-year-old Campbell to see her first movie on a big screen. “My plank sink,” came the next announcement. “My plank sink,” her grandfather repeated. “Wait, maybe that was stink – we better check that diaper.” “Yes, sweetheart,” her grand- mother said to her, “your pants are pink.” She was very excited and chattered all the way there. “Be moisee, be moisee,” Campbell exclaimed. “Moisee,” Grandan wondered, “Maybe that’s mouse?” “Beats me,” said Doee, this time also stumped, “Maybe she’s been listening to French tapes.” “Be MOISEE!” Campbell repeated loud and clear, because, inside her head it was perfectly clear to her. “It’s big movie, you idiots, big movie!” And when the movie started we were all speaking her language. Mesmerized by the allover size of it, the everywhere sound of it. The blanket of the big dark space covering so many. The big-as-a-house images on the big bright screen reflected in so many little bright eyes. The comfort of a lap to sit in, a neck to hug when it gets scary, a laugh to share when its funny, a gasp to gasp and a song to sing all together now. And all with popcorn. We’re talking fascination, the language of first-time, wide-eyed wonder that comes so naturally to her and is so tragically lost to so many of us. Once as fluent in fascination as she, we now struggle to find as much of it in a day, even a week, as she finds in every hour, even every minute. When we argue about whether or not we should feed a hungry child today at school, or a hungry mind in Pre-K, or a hungry heart in a lonely childhood, fascination dies early and we starve our own tomorrow. When we fail to see the difference early childhood makes in the kind of adults we become, our lack of vision has failed a generation if not several. Campbell will always be loved and supported, but, at 2, she doesn’t know that. She’s just fascinated, and the delight of that shines in her eyes. Even at 2, there are far too many in a city as giving as this who are already aware of a lesser, darker reality, the light in their eyes already dimming. “Seize biscuit,” she laughed on the way home, pointing out the window and rocking her car seat. “Seize biscuit! Seize biscuit.” Nora and I were clueless what that meant, but we were laughing, too. You can see yourself – what you once were, what you hoped for – in the eyes of a child. It’s up to all of us to make sure what we see there, in all those eyes, is fascination not desolation. I’m a Memphian, and I have to run. I have to go seize the biscuit. Dan Conaway is a lifelong Memphian, longtime adman and aspiring local character in a city known for them. Email: dan@wakesomebodyup.com. www.thememphisnews.com February 7-13, 2014 31 Valentine’s Date YOUR has arrived E n jOY a ROm ant ic E vE ning wi th a livE mUs ic al p ERfORm a nc E bY bRO ad waY ’s lOng Es t- RUnning p hantOm Of th E Op E Ra hOwa R d mcg i llin SponS ored by F e b r ua r y 1 4 at 6pm a t g paC S tephen and a lic ia d aviS J ac k and Sandra J oneS Jean nie and o wen tabor, J r. deborah d unklin tipton en J oy: open b ar laviS h d inner delec table deSSertS exc lu Sive, F un a u c tionS F or t icket S: (901) 7 59- 0604 t n shakespeare.org www.thememphisnews.com 32 February 7-13, 2014 2014 SEMINAR SERIES Presented by The Daily News Publishing Co. WOmEN & BuSINESS Thursday, February 27th, 3-5 PM @ Brooks Museum PANELIST ROBBIN HUTTON Of Counsel, Memphis Office Jackson Lewis P.C. PANELIST LESLIE JOHNSON Assistant Director Hutchison Leads PANELIST LINDA LAUER Managing Director CBIZ MHM, LLC KEYNOTE SPEAKER AMY HOWELL CEO / Howell Marketing Strategies The multi-faceted demands on women in the workplace today have never been greater. Join the smart exchange as we discuss a range of topics from obstacles to opportunity. Take back a focused insight into achieving your own career goals and learn the latest leadership trends for business women on all rungs of the corporate, government and non-profit ladders. Wine and Cheese Reception to follow. REGISTER NOW: http://seminars.memphisdailynews.com SPONSORED BY: