Now what do you think will happen if they actually have to pay for the convention center?? Yep, even more taxes.
If Metro officials plan to build a new convention center anytime soon, they’ll first have to shift at least 11-million dollars of expenses back to the city’s general fund.
The two-cent hotel/motel tax dedicated to operations of a new convention center is now going largely to the city’s subsidy for the Sommet Center. Other agencies receiving part of that 11-million dollar pot are Municipal Auditorium, Opryland, the Country Music Hall of Fame and the Metro Transit Authority.
Metro Finance Director Rich Riebling says it makes sense to use that money instead of setting it aside since operations of any new convention center would be several years off.