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An ordinance authorizing the abandonment and conveyance of the Metropolitan Government's interest in Alley 68 in downtown Nashville and approving an easement and agreement providing for the Metropolitan Government's use of certain space in improvements to be constructed in the former alley. (Proposal No. 2022M-032AG-001).
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WHEREAS, Alley 68 no longer serves any useful function for vehicles or pedestrians; and,
WHEREAS, the parcel of property at 411 Broadway (Metro ID No. 09306311100) (the "411 Property") abuts Alley 68 on the east, and the parcel of property at 417 Broadway (Metro ID NO. 09306311000) (the "417 Property") abuts Alley 68 on the west; and,
WHEREAS, the 411 LLC, the owner of the 411 Property, through such ownership and by conveyance from the owner of the 417 Property, has an interest in the real property (the "Alley Property") comprising Alley 68; and,
WHEREAS, 411 LLC has requested the abandonment of Alley 68 and conveyance of such interest as the Metropolitan Government may have in the Alley Property, pursuant to the quitclaim deed (the "Deed"), attached to this ordinance as Exhibit 1; and,
WHERAS, pursuant to the easement agreement (the "Easement Agreement") attached to this ordinance as Exhibit 2 and the facility use agreement (the "Use Agreement") attached to this ordinance as Exhibit 3, 411 LLC proposes to grant the Metropolitan Government a permanent easement and right of use to improvements (the "Improvements") that 411 LLC will construct in the Alley Property; and,
WHEREAS, the Improvements will provide space for use by departments and agencies of the Metropolitan Government for public safety and other purposes; and,
WHEREAS, the abandonment of Alley 68 and conveyance of such interest as the Metropolitan Government may have in the Alley Property to 411 LLC and approval of the Deed, the Easement Agreement, and the Use Agreement are in the best interest of the citizens of Nashville and Davidson County.
NOW, THEREFORE, BE IT E...
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