Sources have informed us that the bond for the News Sentinel’s PILOT, Payment In Lieu Of Taxes was $55 million. The appraisals for the News Sentinel is $16 million. This appraisal according to our sources include land, the metal shed on the hill, all equipment furnishings and supplies on the property. So, what happened to the other $39 million?

In addition, Don Parnell chairs the Knoxville Industrial Development Board (IDB) at the time Bill Lyons chaired the Board of KCDC. Lyons went on to the administration of the Mayor of the City of Knoxville in 2003. Parnell was a leader in Knox Charter Petition Group and Knox Accountability. The group that was successful in reducing the number of seats on County Commission. Any connection, there?

We are working to confirm other connections to the News Sentinel and parties involved in this issue. We are working to confirm that a sibling to one countywide elected official involved in this issue is employed at the News Sentinel.