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A resolution terminating an agreement between The Metropolitan Government of Nashville and Davidson County and the Tennessee Valley Authority, the Nashville Electric Service and the Adventure Science Center related to the installation of a solar powered electricity generating facility at the Adventure Science Center.
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WHEREAS, the Tennessee Valley Authority installed a small solar powered electricity generating facility on property owned by the Metropolitan Government of Nashville and Davidson County and approved by Ordinance No. BL2000-248; and,
WHEREAS, the parties want to transfer ownership of the solar facility to the Adventure Science Center and terminate the contract that was approved by Ordinance No. BL2000-248; and,
WHEREAS, the termination agreement is attached hereto and incorporated herein; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that the Agreement be approved.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the Termination Agreement by and between the Metropolitan Government of Nashville and Davidson County and the Tennessee Valley Authority, the Nashville Electric Service and the Adventure Science Center, a copy of which is attached hereto and incorporated herein, is hereby approved.
Section 2. This Resolution shall take effect from and after its adoption, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis
This resolution terminates an agreement between the Metropolitan Government and the Tennessee Valley Authority (“TVA”), the Nashville Electric Service (“NES”), and the Adventure Science Center. In 2000, the TVA installed a small solar powered electricity generating facility on property owned by the Metropolitan Government. The contract for this installation was approved in May 2000 pursuant to Ordinance No. BL2000-248. The parties are seeking to transfer ownership of the solar facility to the Adventure Science Center and to terminate the contract approved by BL2000-248.
This resolution approves a termination agreement between the Metropolitan Government, TVA, NES, and the Adventure Science Center that terminates the contract approved pursuant to BL2000-248. Pursuant to the agreement, the parties agree to terminate the contract and mutually release the other parties from any claims arising under or relating to the contract.
Fiscal Note: There is no cost to Metro for the performance of this agreement. The Adventure Science Center will continue to maintain and operate the solar facility.