File #: RS2024-547    Name:
Type: Resolution Status: Passed
File created: 6/6/2024 In control: Metropolitan Council
On agenda: 6/18/2024 Final action: 6/18/2024
Title: A resolution approving an option agreement authorizing the purchase of property located at 334 Woodycrest Avenue (Parcel No. 10512003600) (Proposal No. 2024M-026AG-001).
Sponsors: Ginny Welsch, Delishia Porterfield, Jennifer Gamble
Attachments: 1. Option Agreement Exhibit
title
A resolution approving an option agreement authorizing the purchase of property located at 334 Woodycrest Avenue (Parcel No. 10512003600) (Proposal No. 2024M-026AG-001).
body
WHEREAS, it is in the public interest for the Metropolitan Government of Nashville and Davidson County to acquire certain property located at 334 Woodycrest Avenue (Parcel No. 10512003600) for the benefit of the Board of Education; and,
WHEREAS, Section 2.24.250(F) of the Metropolitan Code of Laws provides:
Where land in fee simple is being purchased for purposes other than for rights-of-way for highways, streets, roads, alleys and other places for vehicular traffic, the director of public property administration shall negotiate for the purchase of such property and seek to obtain from the owner an option to sell to the Metropolitan government at a fixed price, subject to the approval of the Metropolitan Council by resolution, and no purchase shall be consummated until it has been so approved by the Metropolitan Council; and,
WHEREAS, pursuant to section 2.24.250(F) of the Metropolitan Code of Laws, the Director of Public Property Administration has negotiated the attached Option Agreements; and,
WHEREAS, the Metropolitan Board of Education recommends approval of the acquisition of the Property; and,
WHEREAS, approval of the Option Agreement and authorizing the Director of Public Property to purchase said property is in the best interest of the citizens of the Metropolitan Government.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE:
Section 1. The Option Agreement attached hereto granting the Metropolitan Government an option to purchase the property located at 334 Woodycrest Avenue (Parcel No. 10512003600) is hereby approved.
Section 2. The Director of Public Property Administration, or his designee, is hereby authorized to execute and record such documents as may be necessary to carry out the purchase of ...

Click here for full text