City Council · October 23, 2018
R-371-2018
Amend Resolution R-250-2017 regarding PILOT lease for 2223 Cumberland Ave
A Resolution to amend Resolution No. R-250-2017 which authorized the Industrial Development Board of the City of Knoxville to negotiate and accept from Orange Knoxville Cumberland, LLC (subsequently assigned to Breckenridge Group Knoxville, Tennessee, LLC), payments in lieu of ad valorem taxes with respect to property located at 2223 Cumberland Avenue, so as to clarify language outlined in the PILOT lease defining the project and uses of the property. (Requested by Law Department and Office of Redevelopment)
See this item across every meeting →On October 23, 2018, the City of Knoxville, TN City Council adopted “Amend Resolution R-250-2017 regarding PILOT lease for 2223 Cumberland Ave” by a vote of 8–0.
Part of Developer tax breaks (PILOTs) · Cumberland Avenue
Motion to approve Resolution No. R-371-2018
Moved by Stephanie Welch · seconded by Mark Campen
Topics: Budget & taxes
The vote as recorded
Aye · 8
Absent · 1
Public forum
The clerk’s minutes note 7 speakers at the public forum for this meeting.
A sign-up count from the minutes — not a measure of overall public opinion.
Minutes of the 23 October 2018 meeting — page 12
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