The Metro Council will consider a non-binding resolution to delay property acquisitions for the proposed $635 million convention center until a financial plan is approved.
The proposal, filed Tuesday by Metro Council members Mike Jameson and Erica Gilmore, would ask the Metro Development and Housing Agency to postpone all eminent domain proceedings needed to secure properties for both the center and hotel until the legislative body signs off on financing the project.
Under the resolution, MDHA is also being asked to inform affected business owners 60 days prior to the time they are requested to relocate.
Neither Jameson nor Gilmore could be reached Tuesday for comment.
But Councilman Eric Crafton, who’s co-sponsoring the resolution, called the resolution “common sense.”
“It’s crazy to move forward with trying to purchase property, drum up support and condemn property when we don’t even have a financing package, we don’t have a complete set of plans from the contractor and we don’t have a guaranteed maximum price,” Crafton said.
Asked for his thoughts on postponing property acquisitions, Mayor Karl Dean said, “We just need to keep moving forward.”
“The Council voted overwhelmingly to appropriate the money to get the land,” Dean said. “We just need to go about our business and stay on track.”
The filing of the resolution comes one week after Tower Investments sued MDHA over appraisals of its 5.6-acre tract at 301 Fifth Ave. S., by far the largest piece of property the agency needs for the proposed Music City Center.
It also follows the announcement that MDHA has reached a $5.6 million deal with Rocketown to buy the nonprofit’s property at the corner of Sixth Avenue and Shirley Street.
Metro will help the faith-based teen outreach, which was founded in 1994 by Christian singer/songwriter Michael W. Smith, move to another site on Fourth Avenue South.
The memorializing resolution is scheduled to go before the Council Nov. 17.