Sports Authority Board approves $80 million stadium bond
CHATTANOOGA, Tenn. (WDEF)- The Chattanooga Sports Authority Board has approved a 80 million dollar bond issuance for the South Broad Stadium. This is effectively a loan, which will go towards the construction cost of the stadium, which is expected to be $112 million. This is planned to be repaid by tax revenue generated by the stadium, but the city and…