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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 Nashville Board of Public Education, and PENCIL Foundation (Proposal No. 2026M-004AG-001).
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WHEREAS, the Metropolitan Government of Nashville and Davidson County (“Metro”), acting by and through the Metropolitan Nashville Board of Public Education (“MNPS”), and PENCIL Foundation desire to enter into an agreement to lease a portion of the real property located at 3200 Kings Lane, Nashville, TN 37218 (the "Building") for use in furtherance of PENCIL Foundation’s nonprofit mission, community-focused initiatives, and ongoing support of Metropolitan Nashville Public Schools; and,
WHEREAS, Metro wishes to lease the Premises noted in the lease to PENCIL Foundation.
NOW, THEREFORE, BE IT ENACTED 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 PENCIL Foundation, which is attached hereto and incorporated by reference, is hereby approved and the Director 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 ordinance of the Metropolitan Council receiving twenty-one affirmative votes.
Section 3. That the Director of Schools shall have authority to approve any and all renovation and/or improvement projects presented by and for PENCIL Foundation.
Section 4. This ordinance shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.