Authorize payment to Pinnacle Financial Partners for Serene Manor Hospital and accept quitclaim deed

A Resolution authorizing payment of an amount not to exceed $268,678.58 to Pinnacle Financial Partners to satisfy the balance of a construction loan for Serene Manor Hospital, Inc., 970 Wray Street in Knoxville and authorizing acceptance of a quitclaim deed to the property.(Requested by Housing and Neighborhood Development Department)

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On July 9, 2024, the City of Knoxville, TN City Council adopted “Authorize payment to Pinnacle Financial Partners for Serene Manor Hospital and accept quitclaim deed” by a vote of 9–0.

Unanimous Adopted 9-0-0-0

Moved by Charles Thomas · seconded by Tommy Smith

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The vote as recorded

Aye · 9

Charles Thomas District 5 Lynne Fugate At-Large Seat A Debbie Helsley At-Large Seat B Amelia Parker At-Large Seat C Tommy Smith District 1 Andrew Roberto District 2 Seema Singh District 3 Lauren Rider District 4 Gwen McKenzie District 6

The figure in this motion

$268,678.58

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Public forum

The clerk’s minutes note 1 speaker at the public forum for this meeting.

A sign-up count from the minutes — not a measure of overall public opinion.

Minutes of the 9 July 2024 meeting

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