Tennessee Comptroller Issues Conditional Approval Of Chattanooga Lookouts Stadium Plan

Tennessee Comptroller Jason Mumpower States That The Plans To Build The New South Broad District In Chattanooga, That Include A New Stadium For The Lookouts, Are In The Best Interest Of The State If Two Conditions Are Met.

Read more

Chattanooga Approves $79.5M Baseball Stadium Despite Economic Questions Over Financing

Chattanooga Will Be Getting A New Baseball Stadium And City Officials Have Called The Project A “Home Run For The Community” Despite Economists’ Questions On The Numbers Touted By Stadium Supporters.

Read more

Experts Cast Doubt On Economic Claims Related To New Publicly Funded Chattanooga Baseball Stadium

Sports Economists And A Tennessee Think Tank Say That A New $79.5 Million Stadium Funded Mainly Through Tax Money Is Another Example Of A Publicly Funded Sports Stadium That Will Fall Short Of Its Economic Promises.

Read more

Taxpayer Funded Stadium Proposal For Chattanooga Lookouts Called A Waste Of Money

Hamilton County Mayor Jim Coppinger Is Ready To Tap Into County Reserves Or Use Federal Stimulus Money To Fund A New Stadium For The Chattanooga Lookouts. Beacon Center Of Tennessee Spokesman, Mark Cunningham, Says That The Plan Is A “Handout To Well-Connected Millionaires At The Expense Of Taxpayers.”

Read more

Lee Signs New Nashville Hotel Tax To Help Fund Titans Stadium Along With Two Other Bills

Tennessee Gov. Bill Lee Signed Several Bills Into Law On Wednesday That Include An Allowance For A 1% Hotel-Motel Tax Increase In Davidson County To Pay For A New Estimated $2.2 Billion Tennessee Titans Stadium. Lee Also Signed A Bill That Will Allow The Chattanooga Lookouts To Collect 5.5% Of The State Sales Tax At The Stadium To Pay For A New Stadium And Another Bill That Would Require Restitution Be Paid By DUI Offenders Who Kill The Parents Of Minor Children.

Read more

Lee Still Awaiting Several Late-session Bills From The Tennessee Legislature

Tennessee Gov. Bill Lee Didn’t Waste Time Signing A New Public School Funding Formula Bill Just Four Days After It Was Passed On The Floor Of The Tennessee Legislature. But The Process For Other Bills Passed In The Waning Days Of Session Has Taken Longer. Several Key Late-Session Bills Have Not Been Sent To Lee Yet For His Signature.

Read more

Chattanooga Lookouts Owner Charged With Running ‘Ponzi Scheme’

The Owner Of The Chattanooga Lookouts, John Woods, Has Been Charged With Operating A “Ponzi Scheme.” According To The Complaint Filed By The Securities And Exchange Commission, Woods Was Running A “Massive Ponzi Scheme For Over A Decade.”

Read more