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A resolution approving an option agreement between the Metropolitan Government of Nashville and Davidson County and The Conservation Fund authorizing the purchase of nearly 300 acres located at 0 Bull Run Road and adjacent to Beaman Park (Parcel Nos. 04600002900, 04600002600, 04600002500, 04600009800); (Proposal No 2026M-059AG-001.).
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WHEREAS, the Metropolitan Government of Nashville and Davidson County (“Metro”) and The Conservation Fund desire to enter into an Option Agreement, attached hereto, pertaining to certain property (“Property”) located adjacent to Alvin G. Beaman Park (Parcel Nos. 04600002900, 04600002600, 04600002500, 04600009800); and,
WHEREAS, the Option Agreement provides for The Conservation Fund to grant Metro an option to purchase the Property to expand Alvin G. Beaman Park and permanently protect one of Nashville’s most significant natural landscapes; and,
WHEREAS, approval of the Option Agreement and authorizing the Metropolitan Government of Nashville and Davidson County to purchase the Property is in the best interest of the citizens of the Metropolitan Government.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE:
Section 1. The Option Agreement attached hereto, between the Metropolitan Government of Nashville and Davidson County and The Conservation Fund, granting the Metropolitan Government an option to purchase the Property located at 0 Bull Run Road and adjacent to Beaman Park (Parcel Nos. 04600002900, 04600002600, 04600002500, 04600009800), is hereby approved.
Section 2. The Director of Public Property Administration, or his designee, is hereby authorized to execute and record such documents as may be necessary to carry out the purchase of said Property in substantially the form of the Option Agreement attached hereto.
Section 3. 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 an option agreement between the Metropolitan Government and The Conservation Fund for the purchase of 298.21 acres located at 0 Bull Run Road adjacent to Beaman Park.
Subject to an environmental assessment, Metro would receive an option to acquire the property for the fair market value of $1,000,000. As the property was acquired with funds partially provided by the Tennessee Heritage Conservation Trust Fund, a restrictive covenant would remain on the property. This covenant states that any use incompatible with preservation of open spaces, natural areas, wildlife habitats and access for public recreation is not permitted.
Fiscal Note: Metropolitan Government will purchase the property on 0 Bull Run Road from The Conservation Fund for its fair market value of $1,000,000. The Conservation Fund purchased these properties from Just Justifying, LLC for $3,205,650 on July 10, 2026.
According to the Assessor of Property’s website, the appraised values of the parcels are as follows:
• Parcel No. 04600002900, a 301.48-acre, is $1,362,372
• Parcel No. 04600002600, a 2.61-acre, is $16,965
• Parcel No. 04600002500, a 4.0-acres, is $132,500
• Parcel No. 04600009800, a 0.78 acre, is $22,800.