Main Street Journal - Tuesday, June 12, 2012

Grizzlies: Monday began with the news that Robert Pera, who owns wireless networking company, Ubiquiti Networks, was buying the Memphis Grizzlies from current owner Michael Heisley. He is one of Forbes ten youngest billionaires. Pera likes to keep his private life private. Reportedly, he will keep the team in Memphis. Heisley confirmed the deal Monday afternoon and receipt of a deposit. He is asking for $350 million. The sale will have to be approved by the NBA Board of Governors. The ESPN article that started the tip off. Statements from Heisley and the Grizzlies. General stories from WREG, ABC24, Fox13 and the Commercial Appeal.
![]() Memphis City Schools Superintendent Kriner Cash: Ignited by a “very heated exchange” with Unifed School Board president Billy Orgel, the talks to buy out Cash’ contract began late last year. Board members Monday night were angry about not being informed about the meeting. Details of the discussion. After a closed executive session, they adjourned the meeting for one week. Is Dr Cash the odd man out? The Commercial Appeal asks who started the talks.
SCORE Report: The State Collaborative on Reforming Education released their report on teacher evaluations that recommended almost two-thirds of teachers have a smaller portion of their evaluations based on student testing data; more. SCORE’s recommendations. A link to the report you can download. (PDF document) Reactions from politicians, legislators and officials. The SCORE website. Governor Bill Haslam will be “turning our attention a lot more” to post-secondary education. Blight: Time is running out for The Executive Inn, the abandoned hotel near the airport, who owner could be held in contempt of court today. Business: The Commercial Appeal covers What to Do. From the Business Journal, they tell you the People on the Move. And Today’s Events, in the Daily News. Electrolux: The contract to develop the five assembly line and conveyor belt systems for their Memphis plant is going to Integrated Solutions; more from the Commercial Appeal. The CA ties the plant to new home sales, via appliance sales, in the Mid-South. Verso Paper: The main machine at their fire-damaged Minnesota mill appears undamaged, but they are scrambling to work with alternate suppliers for already-contracted papers. Memphis International Airport: President Larry Cox will retire in 2014 with over one-half-million dollars deferred option retirement, despite the problems that are besetting the airport right now. Germantown: At last night’s budget hearig, the Board of Mayor and Aldermen voted to strip funding for renovations from the Germantown Athletic Club. GPAC’s director, Tania Castroverde Moskalenko, has been hired as the CEO and president for another performing arts center. Former President George W. Bush: Baptist Memorial Health Care Corporation, to celebrate their centennial, will host a visit by the former president next month. He will answer questions about his post-presidential life at the private, invitation-only event. Collierville: Supporters of Collierville Animal Services expressed their disappointment with the City’s decision to locate a dog park at W. C. Johnson Park. Tell your friends you read it here:
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TEMPORARY SERVICE INTERRUPTION: The Main Street Journal Online will not update today. We will return to regular updates on Thursday, June 14.
Beale Street: Two brothers, Mario Bills and Myrus Williams, who got into a brawl that injured four police officers went before a judge on Monday. Two women were also arrested on lesser charges. More details of the incident and arrests. The defendants’ side of the story. A busy weekend for police. Healthy Living: The K2M bike trail follows less-traveled roads to get from Memphis to Kentucky. 2012 Presidential Election: Republican challenger Mitt Romney will appear in Franklin for a private fundraiser. NAACP: This year, they are celebrating 95 Years of Advocacy in civil rights matters.
School Athletics: The Amateur Athletics Union annonced they will conduct background checks on all adult coaches, volunteers and staff. Shelby County Assessor of Property: Whoever wins the coming election will have a busy and tumultuous two years ahead of them. Southbrook Mall: With an architect already in hand, the owners of the mall are hoping to get the Memphis mayor interested in backing their plans to rehabilitate it, to the tune of $6.8 million.
Memphis Animal Shelter: Monday was the national “no kill day” that they shelter took part in, to increase the number of adoptable animals. Shelby Farms Park Conservancy: An anonymous donor will match all donations to the Park up to $150,000. Mississippi: The State’s sole abortion clinic is working to comply with a new law that applies to their three doctors. DeSoto County: Desirable schools are the spur for record home construction, which is on the upswing. More on the I-29/I-269 Trade Corridor. State Senator Chris Massey, who is the keynote speaker to the Hernando Main Street/Chamber of Commerce, plans a major address. Monday’s storm knocked out power across the County. A new form of farming, “high tunnel”, is being introduced in the County. Chris Fleming, prinicipal of Lewisburg Middle School, has been recognised as one of the country’s best. Hernando Parks and Recreation has a city meeting tonight to discuss the master plan. Lifeblood: All this week is Donor Fest 2012, their annual blood donation drive. Website here. Survey Says: A survey by the Council for Community and Economic Research puts Memphis in the top ten cities for cost of living. Tennessee is the sixth least-costly state to hire new employees. |
Picture of the Day
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| Blue corn duck tacos with kale, from Benito’s Wine Reviews by Ben Carter. © 2012. |
Opinion
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Joe Spake’s Daily Buzz: The rest of the day’s news, from all sorts of eclectic places.
Giving Back: Putting the spotlight on Donor Fest 2012 and Lifeblood. (via the Daily News) Sid Salter: The United Auto Workers have a very hard case to make when the state’s average wages are rising. (via the Desoto Times Tribune) |
The Insiders: Ben Ferguson and Kevin Gallagher discuss the issues of the day. (via Fox13)
Geoff Calkins: “Extend the lease” on the Grizzlies in Memphis, he says. (via the Commercial Appeal) Commercial Appeal: A sidewise call for unnamed other taxes, like income taxes. Thank you to Jim and Gina Wiertelak for theif gift. |
Grizzlies: Monday began with the news that Robert Pera, who owns wireless networking company, Ubiquiti Networks, was buying the Memphis Grizzlies from current owner Michael Heisley. He is one of Forbes ten youngest billionaires. Pera likes to 
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NEW INTERNET EXCLUSIVE! The Mayor of Collierville, Stan Joyner, writes an open letter to the people of Colliverville, supporting the
Pipe Kitty Redux: Monday stories from
Politics: Democratic State Representative Harry Tindell 
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