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A resolution authorizing the Director of Public Property Administration, or his designee, to exercise an option to purchase a certain parcel of property located at 0 Gennelle Drive (Parcel No. 03302001400) (Proposal No. 2022M-003PR-001).
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WHEREAS, pursuant to the terms of the option agreement attached hereto and incorporated herein as Exhibit 1 to this resolution, the Metropolitan Government holds an option to purchase approximately 0.34 acres located at 0 Gennelle Drive (unnumbered), also known as Map and Parcel No. 03302001400 as shown on Exhibit 2; and,
WHEREAS, Water and Sewerage Services proposes to construct a Water Pumping Station upon said property; and,
WHEREAS, Section 2.24.250(F) of the Metropolitan Code of Laws provides:
Where land in fee simple is being purchased for purposes other than for rights-of-way for highways, streets, roads, alleys and other places for vehicular traffic, the director of public property administration shall negotiate for the purchase of such property and seek to obtain from the owner an option to sell to the Metropolitan government at a fixed price, subject to the approval of the Metropolitan Council by resolution, and no purchase shall be consummated until it has been so approved by the Metropolitan Council; and,
WHEREAS, it is in the best interest of the citizens of Nashville and Davidson County to approve the purchase of said property.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The Director of Public Property, or his designee, is authorized to execute the necessary documents to acquire Map and Parcel No. 03302001400 located at 0 Gennelle Drive (unnumbered) from Robert J. Wingo Et al.
Section 2. This resolution shall take effect upon passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis
This resolution authorizes the Director of Public Property Administration to exercise an option to purchase a 0.34-acre parcel of property located at 0 Gennelle Drive. The Metropolitan Department of Water and Sewerage Services will use this property to construct a water pumping station. The fair market value of this property has been determined to be $32,110. This property is currently owned by Robert J. Wingo, Judy S. Wingo, Robert J. Wingo, Jr., and Amy Gipson Wingo. The acquisition of this property has been approved by the Planning Commission.
Fiscal Note: The Metropolitan Government would purchase this property from Robert J. Wingo, Et al., for $32,110. According to the Property Assessor’s website, the total appraised value of this parcel is $5,000.