NES storm debt comes due as Metro greenlights $430K post-Fern review.
As of Thu, Nov 5, 6:47pm
By Jerod Ra'Del HollyfieldMovies
Paramount may stay in California for the time being, but Hollywood is already moving to Nashville
The night's closest vote · 7 min on the floor · Metro Council, Nov 5
This resolution kicks off the process for Nashville to borrow up to $544,720,000 through general obligation bonds to fund the Mayor's proposed capital spending plan. About $418 million would go toward general government projects and roughly $107 million to Metro Nashville Public Schools, covering things like road and infrastructure improvements, parks, fire and law enforcement facilities, school buildings, and a new Juvenile Justice Center. It also allows the city to tap its short-term commercial paper program to start construction before the long-term bonds are formally issued and sold.
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