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An ordinance approving a Lease Agreement by and between the Metropolitan Government of Nashville and Davidson County acting by and through the Metropolitan Board of Education and Cameron College Prep (Proposal No. 2021M-011PR-001).
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WHEREAS, The Metropolitan Government of Nashville and Davidson County ("Metro"), acting by and through the Metropolitan Nashville Public Schools, and Cameron College Prep desire to enter into an agreement for the lease of property for the purpose of a charter school
WHEREAS, Metro wishes to lease the Premises noted in the lease to Cameron College Prep.
Now, therefore, be it resolved by the Council of The Metropolitan Government of Nashville and Davidson County:
Section 1. The Lease agreement between The Metropolitan Government of Nashville and Davidson County and Cameron College Prep, which is attached hereto and incorporated by reference, is hereby approved and the Directors of Schools and the Department of Public Property are authorized to execute the lease on behalf of the Metropolitan Government.
Section 2. Any amendment, change, or extension to the lease shall be approved by resolution of the Metropolitan Council receiving twenty-one affirmative votes.
Section 3. That the Director of School shall have authority to approve any and all renovation and/or improvement projects presented by and for Cameron College Prep.
Section 4. 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 ordinance approves a lease agreement between Metro Nashville Public Schools (MNPS) and Cameron College Prep (Cameron) for use of property at 1034 1st Avenue South as a charter school. The property includes approximately 125,835 square feet of the building.
The term of the lease begins on July 14, 2021 and ends on June 30, 2031. Upon termination of the lease, the property will revert to MNPS. For the first y...
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