Tag Archives: Mayor Kasim Reed

Atlanta could clear $10 million from sale of Underground Atlanta

Atlanta could clear about $10 million from the sale of Underground Atlanta if the deal goes through as expected.

Atlanta owes about $15.5 million on the loan it took out to develop Underground Atlanta, according to EMMA, an official repository of information on city securities. The sale price has been estimated at $25.75 million.
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Atlanta seeks ideas to cash in on public domain in busy parts of city

Atlanta city officials are to meet Tuesday with vendors to begin the process of monetizing the public space in order to generate up to $5 million a year.

The idea is for Atlanta to collect fees for allowing private companies to install “amenities” in commercial areas. Boston is cited as one example of the concept, for its $21 million, 20-year contract for advertising on street furniture.
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Mayor Reed appoints Dan Halpern to serve on Airport West CID board

Atlanta Mayor Kasim Reed has appointed Dan Halpern, a politically influential Atlanta businessman whom Reed previously placed on the board of the Atlanta Housing Authority, to represent Atlanta on the board of the Airport West Community Improvement District.

This CID was formed earlier this year to promote a region west of the airport. The CID’s board approved in June an annual budget of $1.6 million to fund various planned improvements.
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Atlanta to OK 10-year-old cabs, maybe renew 2011 effort to upgrade taxis with GPS, credit card apps

Atlanta will continue to allow 10-year-old taxis to operate in the city under legislation slated for adoption Monday by the Atlanta City Council.

This is to be the fourth waiver of the age limit on the city’s taxi fleet since Mayor Kasim Reed’s administration began an effort in July 2011 to clean and modernize the city’s fleet of up to 1,600 vehicles for hire.
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Dreams of jobs training hit reality; Atlanta vows it won’t surrender

Less than 10 percent of those who applied for a job-training program initiated by Falcons team owner Arthur Blank passed the drug test required for acceptance to the program, according to Atlanta City Councilmember Ivory L. Young, Jr.

Young cited the figure to illustrate the challenge of job training for individuals who have troubles past or present. Of 160 applicants, 18 were accepted, he said.
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Tyler Perry hearing involves high flyers of Atlanta’s bar debating rights to build studios at Ft. McPherson

A star-studded group of lawyers is set to appear Friday in federal court in Atlanta to begin the debate over whether Tyler Perry got a sweetheart deal to buy most of Fort McPherson to build a film studio.

Positioned against Perry as the plaintiff’s lawyer is Tony Axam, a noted death penalty attorney who once was called to serve on the defense team of convicted serial killer Wayne Williams – until Williams fired him without explanation at the outset. Axam specializes in complex business litigation, as well as capital and criminal defense.

Leading Perry’s defense is Larry Dingle, a former Atlanta police officer who earned his law degree from Georgia State and rose through the ranks at Atlanta City Hall during the terms of former mayors Maynard Jackson and Andrew Young to the positions of department head and city clerk. Dingle specializes in local government law and land use.
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Atlanta’s airport to get ads pasted on windows, hung from roof, and more

Atlanta’s airport could soon have advertising pasted on windows, hung from rooftop banners, and streamed across a screen above the central atrium.

The airport intends to open these areas, and more, as part of its upcoming contract with a company to sell and manage commercial advertising. The airport’s ad business now grosses more than $10 million a year, city records show.

It’s all part of the airport’s effort to reach its No. 1 goal with the new ad contract: “To increase Hartsfield-Jackson Atlanta International Airport’s advertising revenue.” The airport could use the money, according to the city budget.
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Board outlines Fort McPherson deal; munitions remediation to affect $10 million of Tyler Perry’s payments

The board overseeing the redevelopment of Fort McPherson offered an olive branch to the residents of the adjacent community Monday. The reception was chilly, at best.

“What is being done really doesn’t pass the smell test,” said West End resident Kay Wallace. “Come on, guys. We deserve better and you’ve got to give us better.”

One issue that was barely mentioned in a long-awaited presentation on the pending deal to sell most of the fort to filmmaker Tyler Perry is the status of fort’s environmental clean-up. A portion of Perry’s payments will be collected based on when the Army remediates the property and turns it over for civilian use, according to a lawyer for the board.
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Races for governor, Senate could affect Tyler Perry’s purchase plans

The implications on the races for Georgia’s governor and U.S. senator of the Tyler Perry proposal to buy most of Fort McPherson may be starting to take shape.

The election is less than three weeks after Perry’s tentatively scheduled closing, on Oct. 15, for 330 acres of the fort. If Gov. Nathan Deal loses to Sen. Jason Carter, or if Michelle Nunn wins a Senate seat, there’s a chance that either victor may intervene to slow Perry’s deal.

At least, that’s the thought among some involved with the growing community protest that’s taking shape with an eye to slowing Perry’s project. And that’s why the size of the crowd that attended a forum last week is relevant.
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Fate of Tyler Perry’s plans for Fort McPherson could be decided Friday

A notice posted today indicates the proposal by filmmaker Tyler Perry to buy most of Fort McPherson could be decided as early as Friday.

The board that oversees the fort’s conversion to civilian use today called a special meeting Friday at 11 a.m. for the purpose of: “Consideration of resolution concerning purchase and sale of real estate.”

The community is not going along quietly. Sen. Vincent Fort (D-Atlanta) has called a press conference Thursday at 10 a.m. and residents have called a rally for Friday. Meantime, Perry’s lawyers responded July 28 to a lawsuit challenging his purchase of the property.
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