RESOLUTION NO. RS2015-1561

A resolution authorizing the Director of Public Property, or his designee, to exercise an option to acquire real property by purchase for use as part of a stormwater improvement project (Proposal No. 2015M-018 PR-001).

WHEREAS, pursuant to the terms of the agreement attached hereto and incorporated herein as Exhibit 1 to this resolution, the Metropolitan Government holds an option to purchase certain real property known as 0 Cherry Street, Nashville, Davidson County, Tennessee (Tax Map 043-13-0 Parcel 262.00) as shown on Exhibit 2 attached hereto; and,

WHEREAS, Section 2.24.250(F) of the Metropolitan Code of Laws provides:
Where land in fee simple is being purchased for purposes other than for rights-of-way for highways, streets, roads, alleys and other places for vehicular traffic, the director of public property administration shall negotiate for the purchase of such property and seek to obtain from the owner an option to sell to the Metropolitan government at a fixed price, subject to the approval of the Metropolitan Council by resolution, and no purchase shall be consummated until it has been so approved by the Metropolitan Council; and,

WHEREAS, The Metropolitan Planning Commission approved mandatory referral No. 2015M-018 PR-001 on June 19, 2015 for acquisition of the property; and,

WHEREAS, it is in the best interest of the citizens of Nashville and Davidson County that the purchase of this property be approved;

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

Section 1. The Director of Public Property, or his designee, is hereby authorized to exercise the option to purchase that property known as 0 Cherry Street, Nashville, Davidson County, Tennessee (Tax Map 043-13 Parcel 262.00) and as described in Exhibit 1 and to execute the necessary documents pertaining thereto.

Section 2. This resolution shall take effect upon passage, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.

Sponsored by: Bill Pridemore, Anthony Davis, Walter Hunt

If you would like a copy of the attachment to any ordinance or resolution, please email your request to the Metro Clerk's Office at metro.clerk@nashville.gov

LEGISLATIVE HISTORY
Referred to:	Planning Commission - Approved Budget & Finance Committee Public Works Committee Planning & Zoning Committee
Introduced:	July 7, 2015
Adopted:	July 7, 2015
Approved:	July 8, 2015
By: