Tennessee Conservative
Nashville’s Fair Board Narrowly Approved A Deal That Will Now Head To The Metro Nashville Council To Rebuild The Fairgrounds Speedway For A Price That Has Not Been Finalized.
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A Sales Tax Fund Set To Pay For Nashville Revenue Bonds On A Proposed New $2.1 Billion Tennessee Titans Stadium Is Expected To Collect $2.9 Billion Through 2056, According To Projections From Metro Nashville.
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Opposition To A Deal For The Public Portion Of Financing Of A New $2.1 Billion Tennessee Titans Stadium Is Building Amongst Nashville Council Members Since The Deal Was First Announced At A Press Conference By The Mayor’s Office And Then A Non-Binding Term Sheet Was Presented To The City’s Sports Authority And East Bank Stadium Committee.
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Members Of The Metro Nashville City Council Will Be Asked To Approve A Term Sheet And Legislation To Enact A 1% Hotel-Motel Tax Starting Feb. 1 With Its Initial Consideration Of Both To Begin At The Board’s Nov. 1 Meeting.
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Metro Nashville Announced A Deal With The Tennessee Titans To Build An Estimated $2.1 Billion New Stadium That Includes At Least $1.26 Billion In Taxpayer Funds. Of That, $500 Million Will Come Directly From The State Of Tennessee.
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A Portion Of Thursday’s East Bank Committee Meeting Was A Preview Of A Central Point Of The Metro City Council’s Ultimate Debate On Approving Nearly $2 Billion In Bonds That Will Be Paid For With An Estimated $1.5 Billion In Public Funds For A New Estimated $2.2 Billion Stadium.
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Metro Nashville Is Expected To Ask For $700 Million In Revenue Bonds That Will Go Toward A New Estimated $2.2 Billion Tennessee Titans Stadium.
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A New Report From Sycamore Institute Shows That The Proposal For A New Tennessee Titans Stadium Includes The Highest Total Amount Of Public Subsidies For An NFL Stadium At A Proposed $1.5 Billion While Bringing Limited Public Benefit In Return.
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Tennessee Gov. Bill Lee Signed An Appropriations Bill That Includes $500 Million Toward A New Tennessee Titans Stadium On Wednesday.
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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.
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