Chris Caldwell, FINANCE DEPARTMENT
Requires Expenditure of Funds:
Funded in Current Budget:
Consideration of a Resolution of the Commission of Knox County, Tennessee regarding the transfer of three (3) properties leased to Hillcrest Healthcare Communities, Inc. and located at 5319/5321/5325 Beverly Park Circle, 1758 Hillwood Drive and 6801 Middlebrook Pike to the Industrial Development Board of the County of Knox, Tennessee, and authorizing the execution and delivery of a Memorandum of Understanding in connection with said transfer and subsequent transfer of said properties to Hillcrest Healthcare Communities, Inc. in return for the payment of $5,275,000.00.
Work Session Recommendation:
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