Authorize IDB to negotiate PILOT payments for W. Depot Avenue properties

A Resolution authorizing the Industrial Development Board of the City of Knoxville to negotiate and accept from 100 W. Depot Investors, LLC, or an affiliate thereof, payments in lieu of ad valorem taxes (“PILOT”) with respect to certain real property located at 100 W. Depot Avenue, 108 W. Depot Avenue, 0 W. Depot Avenue, and a portion of 300 W. Depot Avenue 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 Tenn. Code Ann. § 7-53-305. (Sixth District) (Requested by Urban Design and Development)

See this item across every meeting →

On April 28, 2026, the City of Knoxville, TN City Council adopted “Authorize IDB to negotiate PILOT payments for W. Depot Avenue properties” by a vote of 9–0.

Unanimous Adopted 9-0-0-0

Part of Developer tax breaks (PILOTs)

Motion to approve the resolution

Moved by Denzel Grant · seconded by Lynne Fugate

Topics: Budget & taxes

Sign in to follow

The vote as recorded

Aye · 9

Karyn Adams District 1 Nathan Honeycutt District 2 Doug Lloyd District 3 Matthew DeBardelaben District 4 Charles Thomas District 5 Denzel Grant District 6 Lynne Fugate At-Large Seat A Debbie Helsley At-Large Seat B Amelia Parker At-Large Seat C

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 28 April 2026 meeting — page 12

Share & embed

Link

Embed code

<iframe src="https://civicseat.com/embed/decisions/25566" width="600" height="340" style="border:1px solid #ccd6e6;border-radius:8px;max-width:100%;" title="Authorize IDB to negotiate PILOT payments for W. Depot Avenue properties — City of Knoxville, TN City Council, April 28, 2026 — CivicSeat" loading="lazy"></iframe>

Or preview the card.

Report inaccurate data