Monday, March 31, 2008

WPLN: Predators subsidy will increase by 75%

The lease is so complex that only a few lawyers understand it.....this can NOT end well.

The Metro (Nashville) Council has to approve the lease agreement which also raises the city’s subsidy for the Sommet Center from about 4 million to over 7 million dollars. Councilman Mike Jameson, who will be shepherding the proposal through the Council, says the 156-page lease is extremely complex which could pose problems in the future.