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A resolution approving an intergovernmental agreement by and between the State of Tennessee Department of Transportation and the Metropolitan Government of Nashville & Davidson County, acting by and between the Nashville Department of Transportation and Multimodal Infrastructure for the acceptance of work in connection with the construction of intersection improvements on I-40 Interchange at McCrory Lane, Fed. No. NH-I-40-3(182); State No. 191040-F3-013/19CCIT-S3-003; PIN 132675.00 (Proposal No. 2022M-049AG-001).
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WHEREAS, the Metropolitan Government of Nashville and Davidson County (Metro) and the State of Tennessee, Department of Transportation (TDOT) seek to enter into an intergovernmental agreement to construct intersection improvements at I-40 Interchange and McCrory Lane; and,
WHEREAS, pursuant to the terms of the agreement attached hereto, the total cost estimate of the project is $26,265,000, to which Metro has agreed to provide $4,032,500, a 50% share of the Local Interstate Connector (LIC) funds for this project; and,
WHEREAS, Tennessee Code Annotated, Section 12-9-104(a)(2)(b), authorizes The Metropolitan Government of Nashville & Davidson County to enter into intergovernmental agreements with the State of Tennessee by resolution; and,
WHEREAS, it is in the interest of The Metropolitan Government of Nashville & Davidson County that this intergovernmental agreement be approved.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the Agreement with TDOT, attached hereto as Exhibit A and incorporated herein by reference, is hereby approved, and that the Metropolitan Mayor is authorized to execute the same.
Section 2. Any amendments, renewals, or extension of the terms of the agreement may be approved by resolution of the Metropolitan Council.
Section 3. That this resolution shall take effect from and after its final passage, the welfare of The Metropolitan Government ...
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