As News 5 has reported for over a year, Brook Park plans to create a special public entity to own the new Browns stadium. Legislation is now headed to the city council to start the process of launching a “community authority.”
The stadium eventually will be owned by that community authority and leased to a Haslam Sports Group affiliate. The predevelopment agreement says that the new community authority is expected to issue the stadium bonds.
Watch Michelle Jarboe’s report on the predevelopment deal between the Browns and the suburb: …