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City Council · November 26, 2024

R-322-2024

Authorize PILOT payments for 0 W. Hill Ave & 0 Locust Street

A Resolution authorizing the Industrial Development Board of the City of Knoxville to negotiate and accept from Origin Development Partners LLC, or an affiliate thereof (“Applicant”), payments in lieu of ad valorem taxes (“PILOT”) with respect to certain real property located at 0 W. Hill Ave and 0 Locust Street in the City of Knoxville, Tennessee and finding that such payments are deemed to be in furtherance of the public purposes of the Board as defined in Tennessee Code Annotated Section 7-53-305.(Requested by Administration)

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On November 26, 2024, the City of Knoxville, TN City Council adopted “Authorize PILOT payments for 0 W. Hill Ave & 0 Locust Street” by a vote of 8–0.

Unanimous Adopted 8-0-0-1

Part of Developer tax breaks (PILOTs)

Resolution authorizing Industrial Development Board to negotiate PILOT payments

Moved by Gwen McKenzie · seconded by Charles Thomas

Topics: Budget & taxes

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The vote as recorded

Aye · 8

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 Lauren Rider District 4 Gwen McKenzie District 6

Absent · 1

Seema Singh * District 3
Worked out by us. The names marked * are not in the minutes. The clerk recorded a count of absences without listing who was absent; these members hold a seat and are missing from the roll call.

Public forum

The clerk’s minutes note 3 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 26 November 2024 meeting — page 12

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