Good morning, Nashville. We’ve all worried about our credit score from time to time, but we’ve never given much thought to the fact that Metro has one, too. And it just took a bit of a hit over the lending involved in building the new Music City Center. The Powers That Be (Fitch Ratings–a bond-rating agency) dropped Metro’s bond rating from AA to AA-, citing “the potential additional fiscal strains of the debt-financed convention center upon an already pressured general fund beset by slim reserve levels, significant long-term liabilities and constrained revenue-raising ability.”
- Tea Partiers be darned. The State Attorney General has raised some questions about whether or not the Health Freedom Act is even constitutional. If passed, the bill would allow Tennesseans to opt out of the new federal health care plan. However, we think the best part of this story may be Rep. Naifeh stalling the House committee vote “by slowly reading the three-page legal opinion, including punctuation.”
- Fairgrounds bill withdrawn. Metro Councilman Eric Crafton has withdrawn his bill that would save the State Fairgrounds, but only since a task force was assigned to gather community input about what needs to be done with the space.
- Another water main break. An impressive water main break sent water shooting 20 feet into the air at 15th and Bernard near Belmont, and they can’t even blame the cold weather this time.
- Bits & pieces. Help Metro Police catch this guy who robbed eight Green Hills businesses (including Chipotle! How dare he!) on Friday night … Steve McNair’s estate owes nearly $4 million in state and federal taxes … The Preds have locked in a spot in the playoffs, and now they’re turning their focus to getting the best possible positioning … Big storms rolling in tonight around midnight.
Photo by fallingwater123.