Tennessee State Comptroller Jason Mumpower Signs Off on $100 Million Development Plan Centered Around Chattanooga Lookouts Stadium: Report

Tennessee State Comptroller Jason Mumpower gave his conditional approval for the plan to build the new South Broad District in Chattanooga, which includes the Chattanooga Lookouts’ new stadium.

In a letter to Attorney Mamantov, Comptroller Mumpower stated that the final contract is in the best interest of the city if it includes a commitment to make annual lease payments of at least one million dollars for the next 30 years and if all excess tax revenues will be used for eligible purposes.

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