An ordinance approving the lease and sale of certain property owned by The Metropolitan Government of Nashville and Davidson County, Tennessee - Tax Map 72-5, Parcel 177; 3010 Ambrose Avenue (Proposal No. 2001M-112G-06).

WHEREAS, The Metropolitan Government of Nashville and Davidson County owns certain improved property located at 3010 Ambrose Avenue, said property having previously been used for Parents Anonymous of Tennessee and originally acquired as part of the Public Works East Center; and

WHEREAS, The Metropolitan Government of Nashville and Davidson County has determined that this property is not needed for general governmental purposes; and

WHEREAS, The Reuse Center, Inc., the Department of Law and the Department of Finance have negotiated the attached lease/purchase agreement attached as Exhibit A; and

WHEREAS, the Director of Public Property Administration is authorized to lease and sell real property, subject to the approval of the Metropolitan County Council and Mayor.

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

SECTION 1. The Metropolitan County Council declares that the improved parcel of land listed below and owned by the Metropolitan Government to be surplus:

Tax Map 72-5, Parcel 177 - 3010 Ambrose Avenue

SECTION 2. The Director of Public Property Administration is hereby authorized to lease and sell the said property listed above to The Reuse Center, Inc. in accordance with the terms in the agreement attached as Exhibit A.

SECTION 3. The proceeds from the lease and sale of said property shall be credited to the General Fund of the Metropolitan Government.

SECTION 4. 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: Lawrence Hall

LEGISLATIVE HISTORY
Introduced:	November 6, 2001
Passed First Reading:	November 6, 2001
Referred to:	Planning Commission - Approved 8-0 (11/26/01) Budget & Finance Committee Planning & Zoning Committee
Passed Second Reading:	November 20, 2001
Passed Third Reading:	December 4, 2001
Approved:	December 5, 2001
By: