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File #: BL2022-1169    Name:
Type: Bill (Ordinance) Status: Third Reading
File created: 3/22/2022 In control: Education Committee
On agenda: 6/21/2022 Final action: 6/21/2022
Title: An ordinance approving a Lease Agreement by and between the Metropolitan Government of Nashville and Davidson County acting by and through the Metropolitan Board of Education and East End Prep (Proposal No. 2021M-012PR-001).
Sponsors: Emily Benedict, Burkley Allen, Brett Withers
Attachments: 1. Lease Agreement
title
An ordinance approving a Lease Agreement by and between the Metropolitan Government of Nashville and Davidson County acting by and through the Metropolitan Board of Education and East End Prep (Proposal No. 2021M-012PR-001).
body
WHEREAS, The Metropolitan Government of Nashville and Davidson County ("Metro"), acting by and through the Metropolitan Nashville Public Schools, and East End Prep desire to enter into an agreement for the lease of property for the purpose of a charter school
WHEREAS, Metro wishes to lease the Premises noted in the lease to East End Prep.
NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The Lease agreement between The Metropolitan Government of Nashville and Davidson County and East End Prep, which is attached hereto and incorporated by reference, is hereby approved and the Directors of Schools and the Department of Public Property are authorized to execute the lease on behalf of the Metropolitan Government.
Section 2. Any amendment, change, or extension to the lease shall be approved by resolution of the Metropolitan Council receiving twenty-one affirmative votes.
Section 3. That the Director of School shall have authority to approve any and all renovation and/or improvement projects presented by and for East End Prep.
Section 4. This ordinance shall take effect from and after its final passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis

This ordinance approves a lease agreement between the Metropolitan Board of Education and East End Prep for use of property at 1460 McGavock Pike as a charter school. The property includes approximately 91,970 square feet of the building.

The term of the lease begins July 14, 2021 and ends June 30, 2031. Upon termination of the lease, the property will revert to MNPS. For the first year, the lease payment will be $30,656.67 per month, which rep...

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