Council Funds 'Public Information Campaign' on Referendums

Council members approved an amendment Tuesday to the Overton Square hotel project that allows for a backup plan of either townhomes or an apartment project should Loeb Properties abandon the idea. The alternatives are an option as Loeb continues to pursue financing for the hotel project on what is now a surface parking lot at Cooper and Trimble next to Hattiloo Theatre.

Council members also discussed a proposal by council chairman Berlin Boyd to impose a “plastic checkout bag tax” on the use of plastic bags in retail citywide. The tax would be 7 cents per bag and would be phased in, if approved, starting with big retailers.

Read the full article at The Daily Memphian.