An ordinance authorizing the sale of certain property described herein (part of Parcel 5, Tax Map 51) located on Chadwell Drive, east of Interstate 65, to the State of Tennessee in conjunction with the construction of Project No. 19012-2152-44.

WHEREAS, The Metropolitan Government of Nashville and Davidson County, Tennessee, owns certain real property (Tax Map 51, Parcel 5) consisting of some 4.39 acres, more or less; and

WHEREAS, the State of Tennessee, in conjunction with Project No. 19012-2152-44, has need of a portion (0.723 acres) of said property for the purposes of right-of-way area (see Exhibit A); and

WHEREAS, the State of Tennessee has offered to purchase said property for a total of $9,550.00; and

WHEREAS, the Director of Public Property has determined said offer to be fair; and

WHEREAS, this property is undeveloped and under the control of Parks and Recreation.

NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE:

SECTION 1. That the Director of Public Property Administration is hereby authorized and directed to sell part of Parcel 5, Tax Map 51 (see Exhibit A), to the State of Tennessee for use in Project No. 19012-2152-44, and is hereby authorized to execute the necessary documents pertaining thereto.

SECTION 2. The proceeds from the sale of said property shall be credited to the General Fund of the Metropolitan Government.

SECTION 3. That this ordinance shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County, Tennessee, requiring it.

Sponsored By: Ron Nollner, Howard Gentry

LEGISLATIVE HISTORY
Introduced:	August 21, 2001
Passed First Reading:	August 21, 2001
Referred to:	Planning Commission - Approved 8-0 (8/16/01) Budget & Finance Committee Public Works Committee Planning & Zoning Committee
Passed Second Reading:	September 18, 2001
Passed Third Reading:	October 2, 2001
Approved:	October 4, 2001
By: