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A resolution approving a lease agreement by and between the United States of America, Department of Army, and The Metropolitan Government of Nashville and Davidson County, acting by and through the Board of Parks and Recreation for a parcel of property adjacent to the Cheatham Lock and Dam.
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WHEREAS, pursuant to the lease agreement attached as Exhibit A and incorporated into this bill by reference, the United States of America, Department of the Army proposes to lease to the Metropolitan Government, acting by and through the Metropolitan Board of Parks and Recreation, a parcel of property (the “Property”) for public recreational activities; and,
WHEREAS, approval of the Agreement will help to enhance the recreational opportunities available for Nashville’s citizens.
NOW, THEREFORE, BE IT EXECUTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE:
Section 1. The Agreement between the United States of America, Department of the Army, and the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Board of Parks and Recreation, is hereby approved, and the Metropolitan Mayor is authorized to execute it.
Section 2. That 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 approves a lease agreement between the United States Department of Army (“Army”) and the Metropolitan Board of Parks and Recreation (“Parks”) for a parcel of property adjacent to the Cheatham Lock and Dam for the continued operation of Lock One Park, which is approximately 3.17 acres of the property. This is a renewal of a lease agreement previously approved by Ordinance No. BL2001-676.
Pursuant to the terms of the agreement, Army would lease to Parks a parcel of property located on Lock Road adjacent to the Cheatham Lock and Dam. Parks uses this property as part of the Cheatham Lock and Dam project, which includes Lock One Park and the Lock One Greenway. The term of the lease would be 25 years, ending March 14, 2046. The lease ratifies the lease agreement beginning on March 15, 2021. There is no cost to Metro for this lease.
This proposal has been approved by the Planning Commission. This was approved by the Metropolitan Board of Parks and Recreation at its November 5, 2024, meeting.
Fiscal Note: Metro would be responsible for operation and maintenance of Lock 1 Park, under this lease agreement, which is approximately 3.17 acres within the Cheatham Lock and Dam Project. Metro may charge fees for the entrance to or use of the premises for public park and recreational purposes. Revenue derived from these fees will be paid to the Secretary of the Army unless utilized for the administration, maintenance, operation, and development costs.