RS2026-2135
Resolution
Nashville and the Convention Center Authority are entering a new intergovernmental agreement to refinance the Music City Center's original construction bonds without Metro's credit backing, which frees up Metro's borrowing capacity for other needs like affordable housing. The deal also lets the Convention Center Authority issue a separate set of bonds to fund a Music City Center expansion, with those bonds maturing by the end of 2028. Additionally, the agreement allows the Convention Center Authority to transfer up to $300 million to the East Bank Development Authority for roads, utilities, and other public infrastructure on the East Bank.
Sponsors

Primary sponsor · District 2
Co-sponsors (3)
Vote history
Timeline
Deferred
Jul 21, 2026 · Metro Council
Deferred
Aug 4, 2026 · Metro Council
Adopted
Aug 18, 2026 · Metro Council · 31–6
As filed on Legistar
A resolution approving an intergovernmental project agreement between the Metropolitan Government of Nashville and Davidson County and the Convention Center Authority of the Metropolitan Government of Nashville and Davidson County relating to the financing and refinancing of the Music City Center.
Attachments
Data sourced from Nashville Metro Council Legistar. Last updated: August 20, 2026


