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A resolution accepting a donation from In-N-Out Burger in the amount of $300,000.00 as a contribution towards infrastructure improvements.
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WHEREAS, pursuant to Metropolitan Code of Laws § 5.04.120, the Metropolitan Council can approve donations, exclusive of donations of real estate, by resolution; and
WHEREAS, In-N-Out Burger owns and plans to develop a parcel of property (the “Property”) at 1900 Gallatin Pike N, Madison, TN; and
WHEREAS, infrastructure improvements (the “Improvements”) in the vicinity of that intersection will eventually be necessary as the Property and nearby properties develop; and
WHEREAS, as provided in the letter attached as Exhibit 1, the In-N-Out Burger proposes to donate $300,000.00 to the Metropolitan Government as a contribution towards Improvements.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. In-N-Out Burger proposed donation of $300,000.00 towards the cost of the Improvements, as proposed in Exhibit 1, is approved.
Section 2. This Resolution shall take effect immediately upon its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis
This resolution accepts a donation In-N-Out Burger in the amount of $300,000. This donation will be used towards infrastructure improvements in the vicinity of 1900 Gallatin Pike, N, Madison, TN.
The Council is authorized to approve donations by resolution pursuant to Metropolitan Code of Laws § 5.04.120(B).