Councilman Frank Colvett asked Ford and Downtown Memphis Commission CEO Paul Young what would happen if the developer never repaid the $10 million to the CCRFC.

MEMPHIS CITY COUNCIL There are contested races for 11 of the 13 seats on the City Council this year. ... Current Councilman Frank Colvett, Jr. is term limited and cannot run again.

Memphis City Council voted to cancel a $223.7 million loan for The Walk development in Downtown. Here's why it took that action and what's next.