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A resolution approving a participation agreement between the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Department of Water and Sewerage Services, and Metro Nashville Airport Authority, to provide public water service improvements for MNAA's proposed development, as well as other existing properties in the area (MWS Project No. 23-WL-0031 and Proposal No. 2023M-034AG-001).
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WHEREAS, pursuant to the terms of the participation agreement, attached hereto as Exhibit 1, Metro Nashville Airport Authority ("MNAA") in compliance with all Metropolitan Government of Nashville and Davidson County ("METRO") requirements and specifications, will contract and oversee the replacement of approximately 514 linear feet of 12-inch water main (DIP) with 24-inch (DIP) water main and 2 fire hydrants on Terminal Drive, to serve the general community of Nashville and Davidson County, as shown in Exhibit 2 hereto attached, Project No. 23-WL-0031; and,
WHEREAS, METRO will inspect the construction and upon acceptance, will be responsible for ongoing operation and maintenance; and,
WHEREAS, METRO agrees to contribute the material cost difference between MNAA's required 16-inch water main and METRO's requested 24-inch water main not to exceed One Hundred Thirty-One Thousand Seven Hundred Forty-Six Dollars and Sixty Cents ($131,746.60) as a contribution towards these improvements; and,
WHEREAS, BL2022-1214 authorizes the Metropolitan Department of Water and Sewerage Services to enter into participation agreements funding infrastructure with developers by resolution of the Metropolitan Council; and;
WHEREAS, the Project is deemed to benefit both parties and the general community.
NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY.
Section 1. The participation agreement (Exhibit 1) between the Metropolitan Government of Nashville and Davidson County, acting by and through ...
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