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A resolution initiating the creation of a Midtown Central Business Improvement District, and setting a public hearing regarding the creation of the same.
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WHEREAS, pursuant to T.C.A. ? 7-84-511, the local governing body of a metropolitan government has the authority to initiate the creation of a central business improvement upon the adoption of a resolution and to enact an ordinance establishing the same after holding a public hearing; and
WHEREAS, the Metropolitan Council desires to initiate the process of creating a Midtown Central Business Improvement District (the "MBID"); and
WHEREAS, T.C.A. ? 7-84-513 provides that upon adopting an initiating resolution for a central business improvement district, the governing body shall order a public hearing to determine whether such central business improvement district shall be established, which hearing must be held not less than 30 nor more than 45 days following the adoption of the initiating resolution; and
WHEREAS, the creation of the MBID will enhance the local business and residential climate and help manage the area to ensure that it is clean, safe, and vibrant, and will attract more people to live, work, play, and invest in the midtown area of Nashville; and
WHEREAS, among the services and improvements to be funded by the MBID will be cleaning and safety enhancements, beautification efforts, business, residential and retail recruitment and retention services, and overall promotions of the Midtown area.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. Pursuant to the Central Business Improvement District Act of 1990, T.C.A. ? 7-84-501, et seq., the Metropolitan Council hereby initiates the process for establishing a Midtown Central Business Improvement District.
Section 2. The name of the district will be the Midtown Central Business Improvement District.
Section 3. The boundaries of the MBID will be as follows:
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