A resolution approving an amendment to a lease agreement by and between The Metropolitan Government of Nashville and Davidson County, acting by and through the Arts Commission and the Historical Commission and Cummins Station, L.L.C. to extend the lease term.

Whereas, The Metropolitan Government of Nashville and Davidson County acting by and through the Metropolitan Arts Commission and the Metropolitan Historical Commission have negotiated an amendment to the lease agreement with Cummins Station L.L.C, to lease office space at 209 10th Avenue South, Nashville, TN 37203, which extends the lease term from July 1, 2001 to June 30, 2006 at the current monthly rate of three thousand fifty four dollars and fifty-one cents ($3,054.51) for July 1, 2001 to June 30, 2004 and at the rate of three thousand three hundred eighty dollars ($3,380) per month for the period July 1, 2004 to June 30, 2006, a copy of which is attached hereto; and
Whereas, said lease was approved and accepted by the Metropolitan Council by ordinance (Bill No. 096-160); and
Whereas, Bill No. 096-160 provided that amendments to this lease shall be approved by resolution of the Metropolitan Council receiving twenty one affirmative votes; and
Whereas, it is to the benefit of the citizens of the Metropolitan Government of Nashville and Davidson County that this amendment to the lease agreement be approved.
Now, therefore, be it resolved by the Council of The Metropolitan Government of Nashville and Davidson County:
Section 1: That the amendment to the lease agreement entered into between The Metropolitan Government of Nashville and Davidson County acting by and through the Metropolitan Arts Commission and the Metropolitan Historical Commission with Cummins Station L.L.C. to lease office space at 209 10th Avenue South, Nashville, TN 37203, which extends the lease term from July 1, 2001 to June 30, 2006 at the current monthly rate of three thousand fifty four dollars and fifty-one cents ($3,054.51) for July 1, 2001 to June 30, 2004 and at the rate of three thousand three hundred eighty dollars ($3,380) per month for the period July 1, 2004 to June 30, 2006, a copy of which is attached hereto and incorporated herein, is hereby approved, and the Metropolitan County Mayor is authorized to execute the same.
Section 2: That this Resolution shall take effect from and after its passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.

Sponsored By: Phil Ponder & Howard Gentry

LEGISLATIVE HISTORY
Referred to:	Planning Commission - Approved 6-0 (6/27/01) Budget & Finance Committee Planning & Zoning Committee
Introduced:	June 19, 2001
Deferred:	June 19, 2001
Adopted:	July 17, 2001
Approved:	July 31, 2001
By: