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A resolution accepting a donation from 1111 Church Ground Lessee, LLC in the amount of $19,204.14 as a contribution towards infrastructure improvements in the vicinity of 1111 Church Street.
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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, 1111 Church Ground Lessee, LLC owns and plans to develop a parcel of property (the “Property”) at 1111 Church Street; and,
WHEREAS, infrastructure improvements (the “Improvements”) will eventually be necessary at that location as the Property and nearby properties develop; and,
WHEREAS, as provided in the letter attached as Exhibit 1, 1111 Church Ground Lessee, LLC proposes to donate $19,204.14 to the Metropolitan Government as a contribution towards the estimated cost of the Improvements.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. 1111 Church Ground Lessee, LLC’s donation of $19,204.14 as a contribution 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 from 1111 Church Ground Lease, LLC to the Nashville Department of Transportation and Multimodal Infrastructure in the amount of $19,204.14. 1111 Church Ground Lease plans to develop a parcel of property at 1111 Church Street. This donation will be used towards the estimated cost of infrastructure improvements in the vicinity of 1111 Church Street.
The Council is authorized to approve donations by resolution pursuant to Metropolitan Code of Laws Section 5.04.120.B.