One Beale Grand Hyatt city loan approved with new wording

By , Daily Memphian Updated: October 19, 2022 5:10 PM CT | Published: October 19, 2022 5:10 PM CT

The city changed the terms of the $10 million grant/loan after running into accounting rules that would have required the city to list the amount as a long-term liability on its financial statements.


One Beale Grand Hyatt convention center hotel Chance Carlisle

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Bill Dries

Bill Dries

Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for more than 40 years.


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