MemphisShelbyInform

August 6, 2012

With the Olympics going on I decided to find out the winners in the LONGEST PILOT CONTRACTS CONTEST. I went to the latest County Trustee’s Annual Report and listed the longest lasting tax abatement contracts. Here is what I found.

Owner                                               Location                                Length of Contract

Court Square Partnership                        128-130  N. Court              40 years

Cotton Ex Bldg                                 65 Union                               40 years

123 S Court LLC                              855 Ridge Lake Blvd          40 years

Winchester Bldg LLC                      179 Madison Ave               40 years

Main Monroe Partners LP           110 Monroe                                    40 years

Sanderlin Place                               80 Monroe-20 S Front     40 years

Three Sisters Ltd                             81 S Front 76-88 Union   40 years

Wesley at Millington Inc               7917 Cole                             40 years

Peabody Place-Gold LP                123-135-137 S Main         40 years

Peabody Place-Hav lp                   151 S Main                           40 years

Hotel Peabody LTD                                    149 Union & 122 Second            40 years

Peabody Pl Htl Hampton Inn      0 Third                                   40 years

Knickerbocker Properties                        0 Mud Island                       40 years

These all get a gold medal. There are many others from 20 and 30 Plus years. Check it out for yourself. Most of these are downtown properties.

Finishing dead last, as usual, is the shrinking, depleted and aging team, MemphisTaxpayers.