Davidson County - Subject to local approval, creates the East Bank Development Authority for the metropolitan government of Nashville and Davidson County. -

This bill creates the East Bank Development Authority as a new agency within the Nashville and Davidson County metropolitan government to drive economic growth in a specific area of the city. The Authority will have the power to manage, develop, and lease land and buildings within the East Bank, which is bounded by the Cumberland River and major highways. It can also issue bonds to raise money, accept grants, and provide incentives to attract businesses and projects to the region. The new entity operates with significant autonomy to handle real estate transactions and infrastructure improvements without needing separate approval from the local government for each action.