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A resolution approving a participation agreement between the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Department of Water and Sewerage Services, and Legacy South Builders, LLC, to provide public sanitary Sewer service improvements for Legacy South Builders' proposed development, as well as other existing properties in the area (MWS Project No. 25-SL-120 and Proposal No. 2026M-008AG-001).
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WHEREAS, pursuant to the terms of the participation agreement, attached hereto as Exhibit 1, Legacy South Builders, LLC ("DEVELOPER") in compliance with all Metropolitan Government of Nashville and Davidson County ("METRO") requirements and specifications, will contract and oversee the construction of approximately 1,662 linear feet of new 15-inch sanitary sewer main (PVC), approximately 514 linear feet of new 16-inch sanitary sewer main (DIP), approximately 199 linear feet of new 18-inch sanitary sewer main (PVC), and fourteen (14) sanitary sewer manholes of offsite sanitary sewer improvements to serve the Walton Station, as shown in Exhibit 2 hereto attached, Project No. 25-SL-120; and,
WHEREAS, METRO will inspect the construction and upon acceptance, will be responsible for ongoing operation and maintenance; and,
WHEREAS, METRO agrees to pay the lesser of fifty percent (50%) of the actual project costs not to exceed One Million, One Hundred Fifty Thousand Dollars ($1,150,000.00) as a contribution towards these improvements; and,
WHEREAS, BL2022-1214 authorizes the Metropolitan Department of Water and Sewerage Services to enter into participation agreements funding infrastructure with developers by resolution of the Metropolitan Council; and,
WHEREAS, the Project is deemed to benefit both parties and the general community.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY.
Section 1. The participation agreement (Exhibit 1) between the Metropolitan Gov...
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