Nashville Soccer Holdings, LLC November 3, 2017 The Honorable David Briley Vice Mayor and President One Public Square, Suite 204 PO. Box 196300 Nashville, Tennessee 37219-6300 Dear Vice Mayor Briley and Members of Metro Council, We are very close to making history by bringing Major League Soccer to the Fairgrounds Nashville. The opportunity that faces us is an historic one. We know that we have asked the Council to make an important decision and therefore we want to make sure the key details are clear to each member of the Council. [0 Acre Development Many Council members have had questions regarding the 10 acres of development that is part of the stadium package. This is an essential part of our proposal in the private/public partnership. It provides the ability to ensure an amazing fan experience as well as provide amenities that would improve the overall Fairgrounds experience and bring additional bene?ts to the neighborhood. Additionally, it provides a revenue source to pay debt service and additional funds for the Fairgrounds and city?s general fund. MLS unequivocally supports a mixed-use environment supporting the stadium and its immediate surroundings, please refer to Attachment 1. This development has to be something our city will be proud of and a place that all Nashvillians can enjoy. This starts with making sure it ?ts with the neighborhood and the existing uses at the site. Our preliminary Fairgrounds Master Plan concept drawing, which was previously provided to you, contemplates new commercial and residential uses that will complement the stadium, Fairgrounds and Speedway uses and integrate with the unique characteristics of the surrounding area. As with any community-based plan, much input will be provided by Councilmembers, neighborhood groups and other stakeholders to ensure a plan that is compatible with, and bene?cial to, the growth already occurring around the Fairgrounds area. If the Council approves our plans and a franchise is granted by MLS, a rezoning process for the development would begin in early 2018 where this work would begin in earnest. In advance of initiating this process, we have already put forth some ideas for how certain commercial and residential uses might be featured in our concept plan. Initially, these uses include commercial space in the form of restaurant, retail, hotel and of?ce uses, as well as mixed-income residential housing. While we have discussed the prospect of housing with many of you, we believe it would be bene?cial to outline some of our ideas for creating housing that we believe would bene?t the neighborhood and its citizens and stakeholders. Housing is important to us because it is important for all of Nashville. We believe the creation of any kind of housing as part of the development should respond to the unique needs and desires of the surrounding neighborhood. We will work with the Metro Government to identify the populations most in need of housing in the surrounding areas and then create a plan to fund, build, preserve and retain housing to serve those populations. We believe there will be demand for both affordable and workforce housing in the eventual master plan, as well as housing bene?tting speci?c underserved populations in the neighborhood. Further, we are committed to a mix of affordable and workforce housing at this site. For affordable housing this means housing which is affordable for households that earn 60% or less of Davidson County?s Median Household Income (MHI). By way of example, according the US Census Bureau the MHI in 2015 was $48,368, therefore affordable housing would accommodate households earning up to about $29,000. For workforce housing, this means housing affordable for households that earn more than 60%, but less than 120%, of the MHI. By way of example, based on the above mentioned MHI, workforce housing would accommodate households earning from about $29,000 to about $58,000. With such a mix of affordable and work force housing, many workers at the new stadium could possibly make their homes nearby. We recognize many of you want us to provide a de?nitive target or goal regarding the mixed income housing at this stage of the process, we simply cannot put out a number without going through the right steps, starting with the community-based plan, detailed work with Metro Government and other necessary work. We fully understand the desire by Metro Government to make affordable and workforce housing more available in our city and we want to be part of the solution. The Fairgrounds site has been an important gathering place for Nashvillians for over 100 years. We are committed to being a good neighbor and good partner with the long existing programming so that together we can make the Fairgrounds a place where all Nashvillians will feel welcome. Community Involvement Council members have also had questions about the team?s proposed contribution to the Nashville community. We are committed to being a team that puts community ?rst and would see community outreach and support as a privilege and duty. If awarded and MLS franchise, we will seed a community fund (perhaps a donor advised fund) with $50,000 in 2018. The team will provide annual funding when play begins in 2020, most likely funding will be less in the early years and increase a?er the team is established. Grant programs would be established, and non-pro?ts could apply for funding of programs that ?t with the fund?s mission. In addition, community outreach programs such as those listed in our October 23rd letter could be implemented. Although we do not have the speci?c amounts, we estimate over time these programs would be in excess of six ?gures. Our community would also bene?t ?'om the community outreach efforts developed at the national level and implemented through our team in a way that best suits Nashville. We plan to engage and learn from fellow MLS teams across the US that are making a positive impact on communities, children and families through soccer. For example, Atlanta United Foundation partnered with Soccer in the Streets to identify areas of need and recently opened the ?rst soccer ?eld inside a metro train station. In Seattle, the Sounders FC partnered with Seattle City Parks to construct and build soccer ?elds in low-income housing developments. In conclusion, please know that on behalf of our ownership group, we are committed to Nashville, and we insist on excellence and what is right for the future of this city. We are eager to help the city realize its new future at the Fairgrounds for generations to come. We hope to have the Council?s support for this dynamic new opportunity. Respectfully, 2_ John R. Ingram President and CEO Nashville Soccer Holdings, LLC cc: Mr. Rich Riebeling Attachment 1 From: "Abbott, Mark" Date: November 2, 2017 at 7:42:10 PM EDT To: "Marv.Caval'rafaingramnom" Subject: Nashville MLS Bid Mary, Private development around a stadium is an integral part of the process in making an MLS Club successful while bene?tting the neighborhood. If Nashville were awarded an MLS Club, we expect the proposed stadium plan at the Fairgrounds to progress with an emphasis on private development that would include a combination of retail and residential, creating a unique and ultimate destination for soccer fans and neighbors. Much like Nashville is demonstrating with its proposed stadium plan and process, our MLS Clubs partner with their stadium neighbors to create a robust fan experience that supports a successful MLS Club and a thriving, mixed-use community. Thank you Mark Mark Abbott President Deputy Commissioner Major League Soccer MAJOR LEAGUE SOCCER