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An ordinance approving a license agreement between The Metropolitan Government of Nashville and Davidson County, acting by and through the Board of Parks and Recreation, and The Lamar Companies for the use of 180 Anthes Drive, Nashville, Tennessee 37210 (Parcel No. 09311011200)
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WHEREAS, Chapter 11.1002 of the Charter of the Metropolitan Government of Nashville and Davidson County authorizes the Board of Parks and Recreation to supervise, control, and operate the park and recreation system of the Metropolitan Government; and,
WHEREAS, the Metropolitan Government of Nashville and Davidson County, acting through its Board of Parks and Recreation, desires to enter into a license agreement with The Lamar Companies for the use of the property located at 180 Anthes Drive, Nashville, Tennessee 37210; and,
WHEREAS, the license agreement is attached hereto and incorporated herein; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that the license agreement be approved.
NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE:
Section 1: The License Agreement between The Metropolitan Government of Nashville and Davidson County, acting by and through the Board of Parks and Recreation, and The Lamar Companies, a copy of which is attached hereto and incorporated herein, is hereby approved.
Section 2. That any amendments to this License Agreement shall be approved by resolution of the Metropolitan Council receiving twenty-one affirmative votes.
Section 3. 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 approves a license agreement between the Metropolitan Board of Parks and Recreation (“Parks”) and The Lamar Companies (“Lamar”) for the use of 180 Anthes Drive.
This license agreement authorizes Lamar to construct, repair and relocate an outdoor advertising structure. Pursuant to the agreement, Lamar will pay Parks an annual rental payment of $9,000, payable in monthly increments of $750. The license is for a term of 18 months. Lamar agrees to remove the sign within 30 days of the expiration of the term of the agreement.
Fiscal Note: Lamar Companies will pay Metro Nashville Board of Parks and Recreation the sum of $46,200 retroactive rental payment in addition to the annual rental payment of $9,000 or $750 monthly for the sign location license.