Metro Nashville Paid $120K For Consulting Services On Tennessee Titans’ $2.1B Stadium Deal

The Nashville Mayor’s Office Paid Inner Circle Sports $120,000 Over A Six-Month Period For Consulting Services Related To Negotiating The $2.1 Billion Stadium Deal Between The Office And The Tennessee Titans.

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Analysis: Who Really Pays In Tennessee’s Sports Stadium Sales Tax Zone Funding Scheme?

In Many Of The Cases, Rather Than Using Direct Funding Methods From City Or State Coffers, Tennessee Has Now Opted To Have A Portion Of Funding For The Bonds On Building Stadiums To Come From Sales Tax Zones. Those Funds Are Often Termed By Those Proposing Deals As User Fees. But Economists Say That Doesn’t Show The Full Impact.

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Tax Fund Wouldn’t Pay For $116.3M In Tennessee Race Track’s Bonds

Metro Nashville’s Mayor’s Office Announced A Deal To Renovate Or Rebuild Nashville Fairgrounds Speedway To The City’s Fair Board Without A Final Price Tag. An Analysis Showed That The Planned Funding For A $116.3 Million Project Would Fall Short Of Its Payments. The Deal Was Previously Termed A $75 Million Project But Construction Costs Later Increased To Make It More Than $100 Million.

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Officials Estimate Tennessee Titans Stadium Tax Fund Could Generate $70M Annually

A Tax Fund Scheduled To Pay Off Revenue Bonds From Nashville Toward A New $2.1 Billion Tennessee Titans Stadium And Available For Future Maintenance Costs Is Estimated To Generate Up To $70 Million Annually During The Titans’ New 30-Year Proposed Lease, Which Includes Three Additional Five-Year Team Options To Extend.

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Nashville Mayor’s Office Announces Tax Deal for $75M Fairgrounds Speedway Renovation

The Nashville Mayor’s Office Presented A Tax Deal For A $75 Million Renovation Of The Nashville Fairgrounds Speedway In Hopes Of Bringing A NASCAR Race Back To The Site. The Deal Is Similar To One Passed For The Tennessee Titans At Both Nissan Stadium And Proposed New $2.1 Billion Stadium Along With Bridgestone Arena, Geodis Park And Minor League Baseball Stadiums In Nashville, Knoxville And Chattanooga.

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Small Step Forward For Intervention In Nashville Homeless Encampments

Following A Consistent Nearly Year-Long Effort By A Nashville Grassroots Group Pushing For A Large Homeless Encampment To Be Cleaned Up, An Announcement Has Finally Arrived That The Encampment Will Be The First In The Area Prioritized For Intervention.

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Report Shows Cost Estimates For TN Titans’ Stadium Renovation Plans, Not City Obligations

A Facility Report Commissioned By Nashville To Look At The City’s Obligations For A Renovation Of Nissan Stadium Did Not Actually Analyze Those Obligations.

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Corporation That Received Almost 1/4 Billion In TN Taxpayer Dollars Now Appears To Be Laying Off Employees

Americans For Prosperity -TN State Director Tori Venable Said, “If True, Layoffs By Oracle Are A Massive Breach Of Taxpayer Trust. It Is Exactly Why Claw Back Provisions Are Important With Any Deal The Government Makes. If A Company Is Not Living Up To Their Community Development Promises, Taxpayers Should Not Be Stuck With The Bill To Fund A Private Business’ Profits.”

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