The chair of Nashville’s East Bank Stadium Committee believes that the Metro Council does not have enough information from the mayor’s office to properly analyze and vote on a non-binding term sheet at the council’s Dec. 20 meeting.
In a series of posts on the topic, at-large Council Member Bob Mendes has pointed out that, while the mayor’s office has provided a breakdown of tax projections that are expected to send $2.9 billion in public tax funds toward the stadium over the next 34 years – not including $500 million from the state of Tennessee – it has not provided a projected breakdown of how those funds will be spent.
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