"Notwithstanding any other provision of law and for purposes of a municipality entitled to certain sales tax revenues pursuant to § 58.1-608.3, a "public facility" shall include (i) an entertainment arena in the City of Norfolk the primary purpose of which is for the display, presentation, or performance of concerts, sporting events, or other live entertainment, or any outdoor amphitheater, and (ii) any property, real, personal, or mixed, which is necessary or desirable in connection with any such entertainment arena, provided that the City of Norfolk owns such public facility, wholly or partly, and contributes to financing the construction of such public facility. The City of Norfolk shall be entitled to all sales tax revenues, as such term is defined in subsection A of § 58.1-608.3, generated by transactions taking place in such public facility for which the City of Norfolk has issued bonds, as such term is defined in subsection A of § 58.1-608.3, on or after July 1, 2024, but before July 1, 2027, to pay the cost, as such term is defined in subsection A of § 58.1-608.3, or portion thereof, of such public facility."