Tuesday, May 14, 2013

Knox to pay for Carter school by June

The county is set to stroke the final check toward paying off Carter Elementary School, which opens in August, after it recently received the $5.75 million in folding paper it got from selling three pieces of property to Hillcrest HealthCare Communities (that the operation initially leased).

The commission obviously will have to sign off on it, but it shouldn't be a big deal. The money will cover the rest of the $13.9 million for the school as well as a little more than half the FF&E (furniture, fixtures, equipment), which will cost another $2 million.

The county will then sell some 1.5 acres off Middlebrook Pike, which will cover the remaining $900K it needs. Officials hope to actually get between $1 million to $2 million for that property. Key, though, will probably be how it's zoned.

It's currently zoned agriculture-residential. The county is asking the Knoxville City Council to rezone it to commercial (MPC recommends “office”). The council will take up the issue tonight and during its May 28 meeting.

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