Nashville Mayor John Cooper in an op-ed wrote through collaboration with the Titans and state government, "we are nearing a stadium solution that -- unlike our current arrangement -- will not burden Metro’s General Fund." To finance construction of a new enclosed stadium, the state committed $500M and passed legislation "allowing an increase in the hotel-motel tax, which the hospitality industry supports." In the event of construction overruns, "I have asked that they be covered by the Titans." Cooper: "I will not sell public land, raise the sales tax, or spend your property tax dollars to fund the stadium." Tourists and spending around the stadium "will pay for this project." Cooper: "We are working on plans for a new stadium because doing nothing is not an option, and renovating the current stadium would be financially irresponsible." Under no circumstances will "property tax or sales tax increases pay for stadium construction or future stadium maintenance or renovations." The Titans will "take on the financial responsibility of maintaining the stadium," removing Metro’s General Fund as the "financial backstop." Any new agreement will "result in the Titans staying in Nashville for the long-term" (Nashville TENNESSEAN, 5/13).