Metro Council preview: East Bank Development Authority on agenda

Metro Council will likely approve legislation Tuesday to create an East Bank Development Authority to oversee the multibillion-dollar riverfront project.

Why it matters: After the city approved the financing of the new Titans stadium, it became clear a dedicated agency was needed to manage the development of the nearby land.

• The city uses similar authorities to manage the airport, convention center and its sports venues.

What's next: Under the legislation, Mayor Freddie O'Connell will hire the agency's first CEO and appoint five new board members.

• Metro Council will appoint two board members.
• Council will also consider legislation dedicating about $4 million to buy land for a new Antioch-area elementary school.

Former Metro Councilmember Russ Pulley, who lost a bid last year for an at-large council seat, was appointed by O'Connell to the Sports Authority board. Council must sign off on his appointment.

What we're watching: In addition to the East Bank Development Authority, council is expected to vote on rezoning the former Hickory Hollow Mall property .

• The rezoning will allow for taller buildings, which will be vital for attracting a developer. The city is expected to begin searching for a developer after the rezoning is approved.

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