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An ordinance declaring surplus and approving the disposition of a parcel of real property known as 0 American Road (Map/Parcel No. 09011004700) (Proposal No. 2021M-003PR-001).
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WHEREAS, the Metropolitan Government owns a certain parcel of property located at 0 American Road (Map/Parcel No. 09011004700) (“the Property”); and,
WHEREAS, the Metropolitan Department of Water and Sewerage Services has declared the Property surplus; and,
WHEREAS, the Metropolitan Government has determined that the Property is no longer needed for governmental purposes; and,
WHEREAS, the Property in its current state, is a non-buildable parcel that is bounded by ten adjoining tracts; and,
WHEREAS, the Division of Public Property Administration desires to offer the Property for sale to the owners of the adjoining tracts through a bidding process.
NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The Metropolitan Council declares the parcel of land, owned in fee simple by the Metropolitan Government, located at 0 American Road (Map/Parcel No. 09011004700) (“the Property”) and described in Exhibit A attached hereto and incorporated herein, to be surplus.
Section 2. The Director of Public Property Administration is hereby authorized and directed to dispose of the Property by offering the Property for sale to the adjoining tract owners through a bidding process.
Section 3. The Director of Public Property Administration is authorized to sell the Property to the owner of an adjacent tract offering the highest price that is determined to be in the best interests of the Metropolitan Government.
Section 4. The Director of Public Property Administration or designee is authorized to execute such documents as are customary and necessary to carry out the intent of this ordinance.
Section 5. The proceeds from the sale of the Property shall be credited to the General Fund of the district from whose operating budget the last department, commission, board or agency using the real property is financed.
Section 6. This ordinance shall take effect from and after its passage, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis
This ordinance declares a 1.08 acre unbuildable parcel of property located on American Road to be surplus, and authorizes the sale of the property to the owner of one of the 10 adjacent tracts who offers the highest price. Metro Water Services has determined that it no longer needs this property. Metro’s standard practice regarding unbuildable surplus lots is to sell them to an adjacent property owner. The proceeds of the sale will be credited to the Metro General Fund.
This ordinance has been approved by the Planning Commission.
Fiscal Note: The appraised value for the parcel of land is $1,500 according to the Property Assessor’s website.