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.

Link
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.