Nashville Passes Ordinance Limiting Use of Proceeds From Property Sales

The Nashville Metro Council voted 34-0 last week to prohibit the sale of real property owned by Metro government to pay for city operating expenses, the Tennessean reports. Mayor David Briley had proposed the sale of three Metro properties in June, with the proceeds going to the 2018-19 city budget, however, those sales did not materialize. Under the new ordinance, revenue from the sale of city-owned properties will go toward paying off the city’s debt.

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