Tennessee Conservative
A Bill Allowing Memphis To Divert More Of The Shelby County Hotel-Motel Tax To Renovations At FedExForum Passed The Tennessee Senate And Will Now Head To Gov. Bill Lee For His Signature.
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Memphis And The City’s Convention And Visitors Bureau Came To An Agreement Over Hotel-Motel Tax Funds For The Renovation Of The FedExForum But Details Of The Agreement Were Not Released. Rep. Kevin Vaughn Said That The Agreement Means That The Funding Is In Place To Complete The Renovation.
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Memphis Is Looking For More Funding For The Renovations At The FedexForum And Are Pushing A Pair Of Bills In The Tennessee Legislature To Get That Funding.
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Tennessee’s Department Of Tourist Development Wants $9 Million More To Market The State In 26 Areas Outside Of The State Along With Working On Pursuing Direct Flights To Canada, Germany And France.
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Nashville’s Metropolitan Sports Authority On Tuesday Unanimously Approved The Final Documents For A Proposed New $2.2 Billion Tennessee Titans Stadium.
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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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