SHREVEPORT, La. (KTAL/KMSS) – Shreveport City Council introduced legislation Tuesday for 50 Cent’s production company, G-Unit Films, to move into Millennium Studios.

The lease proposes an initial term of thirty years with an option to renew for one additional 15-year term and includes ‘all furniture, fixtures, and equipment.’

The proposed ordinance outlines rental payments in the amount of $2,400 a year during the initial term and renewal term of the contract.

Earlier this year, Jackson was seen touring Millennium Studios in Shreveport. Shreveport City Officials later met with Jackson to discuss his possible plans to acquire facilities in Shreveport.

The motion was moved by Councilwoman Tabatha Taylor and seconded by Councilwoman Ursula Bowman.