RESOLUTION NO. RS2002-955

A resolution approving an amendment to a lease between the Metropolitan Government and the Nashville Sounds Baseball Club, L.P. for a parcel of property commonly known as Greer Stadium (2002M-019U-11).

Whereas, pursuant to Ordinance No. O98-1044, the Metropolitan Council approved an amended and restated lease (the "Lease") between the Metropolitan Government and the Nashville Sounds Baseball Club, L.P. ("Sounds") for the property commonly known as Greer Stadium; and

Whereas, the parties desire to amend the Lease to clarify the respective obligations of the parties with respect to rent and capital improvements in accordance with the terms and conditions set forth in the document attached as Exhibit A and incorporated into this resolution by reference; and

Whereas, the citizens of Nashville and Davidson County will benefit from the approval of the amendment to the Lease.

Now, therefore, be it resolved by the Council of The Metropolitan Government of Nashville and Davidson County:

Section 1. The proposed amendment to the Lease between the Metropolitan Government and the Nashville Sounds Baseball Club, L.P. (Exhibit A) is hereby approved.

Section 2. 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: Edward Whitmore, Jim Shulman

LEGISLATIVE HISTORY

Referred to: Planning Commission - Approved 7-0 (2/14/02)
Budget & Finance Committee
Parks & Recreation Committee
Planning & Zoning Committee
Introduced: February 19, 2002
Adopted: February 19, 2002
Approved: February 21, 2002
By: Mayor Bill Purcell