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Sports Authority votes to exit site coordination agreement and extend parking-management contract

Sports Authority Board · March 22, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved an amended and restated site coordination agreement that removes the Sports Authority as a contracting party and approved a three‑year extension of the Parking Management Company (PMC) contract with termination rights as lots are redeveloped. Staff said Metro now owns most campus parcels and the Titans/the developer will assume many operational obligations.

The Sports Authority approved two related actions affecting operations at the Nissan Stadium campus: an amended and restated site coordination agreement that removes the authority as a contracting party, and an extension of the parking-management agreement with Parking Management Company LLC.

Metro deputy law director Tom Cross explained the change as a realignment of responsibilities to reflect Metro ownership of most stadium‑campus parcels. He said the development agreement with the Fallon…

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