WHEREAS, Opry Mills Operating Company, L.L.C., Opryland Attractions, Inc., and OLH, G.P. (collectively the “Property Owners”) own interests in certain property (the “Property”) currently served by a flood protection system (the “System”) along and adjacent to the Cumberland River; and

WHEREAS, in order to qualify the Property for protection under the National Flood Insurance Program (“NFIP”), administered by the Federal Emergency Management Agency (“FEMA”), and to otherwise communicate with FEMA in regard to flood issues, the System must be maintained and operated under the jurisdiction of a governmental entity such as the Metropolitan Government; and

WHEREAS, pursuant to the terms of the document attached as Exhibit A and incorporated into this ordinance by reference, the Metropolitan Government proposes to assume jurisdiction of the System to enable the Property Owners to qualify the System for recognition under NFIP and FEMA regulations.

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

Section 1. The Agreement (Exhibit A) between the Metropolitan Government and Opry Mills Operating Company, L.L.C., Opryland Attractions, Inc., and OLH, G.P., is hereby approved, and the Metropolitan Mayor or his designee is authorized to execute it.

Section 2. Any amendment to the Agreement must be approved by resolution of the Metropolitan Council receiving at least 21 affirmative votes.

Section 3. 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: J.B. Loring, Lawrence Hall Jr.

LEGISLATIVE HISTORY
Introduced:	July 1, 2003
Passed First Reading:	July 1, 2003
Referred to:	Budget & Finance Committee Public Works Committee
Passed Second Reading:	July 15, 2003
Passed Third Reading:	August 5, 2003
Approved:	August 6, 2003
By: