Distribution proceeds.
Metropolitan Code of Nashville and Davidson County § 5.14.040
in effect5.14.040 - Distribution proceeds.
The proceeds from the privilege tax authorized by this section and received by the metropolitan government shall be deposited in the metropolitan government's general fund and used by the metropolitan government exclusively:
1. to defray the cost of constructing, operating, renovating, expanding, or improving the municipal stadium; or
2. for the payment of debt service on bonds or other indebtedness issued by the metropolitan government or the sports authority for the construction, operation, renovation, expansion, or improvement of the municipal stadium.
(Ord. BL2009-545 § 1, 2009)
Source: Metropolitan Government of Nashville and Davidson County, Metropolitan Code and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/tn/metro_government_of_nashville_and_davidson_county/codes/code_of_ordinances?nodeId=CD_TIT5REFI_DIVIITA_CH5.14PRTASATIEVMUST_5.14.040DIPRFetched: 10/28/2026
