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A resolution approving a participation agreement between the Metropolitan Government, by and through the Department of Water and Sewerage Services, and Campus Operations, LLC (“Oracle”) for the design and construction of a sewage pump station and associated lines and equipment (Proposal No. 2026M-067AG-001).
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WHEREAS, Oracle is developing an approximately 78-acre campus (the “Property”) on the east bank of the Cumberland River to serve as Oracle’s corporate headquarters; and,
WHEREAS, conveyance of sewage flows from the new Oracle campus to the Metropolitan Government’s Central Wastewater Treatment Plant will require construction of a new pumping station (the “Project”), which upon completion will also serve a substantial collection area in East Nashville; and,
WHEREAS, Oracle and the Metropolitan Government estimate the cost of design and construction of the Project at approximately $77,555,000, and the cost or design and construction of a new pumping station sized to serve only the Oracle campus at approximately $12,000,000; and,
WHEREAS, pursuant to the Agreement attached as Exhibit 1, Oracle proposes to design and construct the Project and contribute $12,000,000 towards the cost thereof, with the Metropolitan Government funding the balance of Project costs; 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, approval of the Agreement is in the best interest of the Metropolitan Government.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The Agreement is approved, and its execution and delivery by the Director of the Department of Water and Sewerage Services or the Director’s designee is authorized.
Section 2. This resolution shall take effect from and after its passage, the welfare of The Metro...
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