LEGISLATIVE HISTORY
Planning & Zoning Committee
ENACTED 05/18/1999
ORDINANCE NO. O99-1592
An ordinance accepting an assignment of a lease from the Port Authority of The Metropolitan Government of Nashville and Davidson County to The Metropolitan Government of Nashville and Davidson County for the benefit of the Mayor's Office of Economic Development.
WHEREAS, the Metropolitan Port Authority entered into a lease agreement, dated July 21, 1997 (the "Lease"), pursuant to T.C.A. § 7-5-101 et seq., with Stephen K. Rush and Phillip V. Rush, d/b/a 117 Union Street, Ltd. ("117 Union Street, Ltd."), for the Metropolitan Port Authority's offices (the Premises); and
WHEREAS, the Mayor's Office of Economic Development presently has office space in the Premises, but is not a party to the Lease; and
WHEREAS, the Metropolitan Port Authority Board has decided to dissolve the Port Authority and wind up its affairs; and
WHEREAS, the Metropolitan Port Authority Board desires to assign the Lease to The Metropolitan Government of Nashville and Davidson County for the benefit of the Mayor's Office of Economic Development (the "Assignment"); and
WHEREAS, 117 Union Street, Ltd., has consented to the Assignment to the Mayor's Office of Economic Development, which is attached hereto as Exhibit 1.
NOW THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
SECTION 1: That The Metropolitan Government of Nashville and Davidson County accepts the Assignment of the Lease from the Metropolitan Port Authority for the benefit of the Mayor's Office of Economic Development, which is attached hereto as Exhibit 2.
SECTION 2: That this Ordinance shall take effect from and after its passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Sponsored By: Leo Waters & Stewart Clifton
LEGISLATIVE HISTORY |
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|---|---|
| Introduced: | April 6, 1999 |
| Passed First Reading: | April 6, 1999 |
| Referred to: | Budget
& Finance Committee Planning & Zoning Committee |
| Passed Second Reading: | April 20, 1999 |
| Passed Third Reading: | May 18, 1999 |
| Approved: | May 24, 1999 |
| By: | |