Metro Nashville Council approves funding of MLS Soccer Stadium. 
All the boxes are checked now in it's application for one of four new franchises and it's up to the MLS now.
From the
TENNESSEAN....
Quote:
In a major win for Nashville's Major League Soccer expansion hopes, the Metro Council on Tuesday night voted overwhelmingly to approve Mayor Megan Barry's financing plan for a new $275 million MLS stadium on the city's fairgrounds.
The council voted 31 to 6, with two abstentions, to sign off on a plan to issue $225 million in revenue bonds for the stadium project, giving Nashville's expansion bid a critical boost as it competes against 11 other cities for an MLS franchise.
The action could make Nashville one of two favorites, along with Sacramento, to land an MLS expansion team after lead team investor John Ingram has done what several rival cities haven't — secured financing for a new stadium built specifically for soccer.
Nashville soccer fans won't know the city's fate, and whether the stadium will be built, until MLS awards two expansion cities next month.
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The stadium will have seating for 27,500 fans and be located on the City's Fairgrounds property about a mile and a half from downtown. Surrounding properties totaling 10 acres will be given to the team owners for a development providing hotels, retail and residential amenities. Light rail is planned to run by the stadium in the future.
