Amends Tennessee Code to allow city managers to contract with private entities for sports facility development.
This bill amends Tennessee Code to allow city managers to contract with private entities for the development, construction, management, or operation of indoor or outdoor sports facilities. The city can set terms for revenue or loss division, facility lease or sale, and management fees. This change aims to benefit the city and its residents.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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