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A resolution approving amendment two to the Centennial Park Master Plan Support Grant from The Centennial Park Conservancy to the Metropolitan Government, acting by and through the Metropolitan Nashville Parks and Recreation Department, to support the implementation of the Centennial Park Master Plan.
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WHEREAS, the Metropolitan Government, acting by and through the Metropolitan Nashville Parks and Recreation Department, previously entered into a grant agreement with the Centennial Park Conservancy to support the implementation of the Centennial Park Master Plan approved by RS2014-1220; and,
WHEREAS, the parties wish to amend the grant agreement to increase the amount of the grant by $4,000,000.00 from $860,000.00 to $4,860,000.00 with a required cash match of $1,000,000.00, a copy of which amendment two is attached hereto; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that amendment two be approved.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That amendment two to the Centennial Park Master Plan Support Grant by and between the Centennial Park Conservancy and the Metropolitan Government, acting by and through the Metropolitan Nashville Parks and Recreation Department, to support the implementation of the Centennial Park Master Plan, a copy of which amendment two is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is authorized to execute the same.
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 the second amendment to the Centennial Park Master Plan Support Grant from The Centennial Park Conservancy to the Metropolitan Government, acting by and through the Metro Nashville Parks and Recreation Department, to support the implementation of the Centennial Park Master Plan. This amendment a grant previously approved by RS2014-1220 and amended by RS2015-1556.
This amendment increases the amount of the grant by $4,000,000, from $860,000 to $4,860,000, with a required local cash match of $1,000,000. The funding will be used to develop an event pavilion, landscaping, and a pedestrian entrance from the 31st Avenue Connector into Centennial Park. This $4,000,000 includes $251,453.50 previously paid for completed design work.