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A resolution approving a settlement agreement between the Metropolitan Government and Meharry Medical College with respect to claims arising under a lease agreement for the land and improvements used in the operation of Nashville General Hospital and related matters.
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WHEREAS, the Metropolitan Government and Meharry Medical College are parties to a lease agreement dated December 1, 1994, as amended, of record in the Register's Office of Davidson County as instrument no. 199412169548631 (the "Lease"); and,
WHEREAS, certain claims and disputes have arisen related to the Lease term, parking payments, utility payments, and the scope of services and payments due under a Physicians Services Agreement between Meharry and the Hospital Authority of the Metropolitan Government of Nashville and Davidson County; and,
WHEREAS, pursuant to the terms of the Settlement Agreement and Mutual Release attached to this resolution as Exhibit 1, the parties propose to resolve such claims and disputes; and,
WHEREAS, approval of the Settlement Agreement and Mutual Release is in the best interest of the Metropolitan Government.
NOW, THEREFORE, BE IT RESOLVED BY THE METROPOLITAN COUNTY COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, that:
Section 1. The Settlement Agreement and Mutual Release is approved, and the Metropolitan Mayor is authorized to execute and deliver it on behalf of the Metropolitan Government.
Section 2. This Resolution shall take effect from its adoption, the welfare of the Metropolitan Government requiring it.
Agenda Analysis
Analysis
This resolution approves a settlement agreement between the Metropolitan Government and Meharry Medical College related to claims arising under a lease agreement for the land and improvements used in the operation of Nashville General Hospital.
The Metropolitan Government and Meharry Medical College are parties to a lease agreement dated December 1, 1994. Claims have arisen related to the le...
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