File #: BL2023-1860    Name:
Type: Bill (Ordinance) Status: Third Reading
File created: 4/19/2023 In control: Planning Commission
On agenda: 6/6/2023 Final action:
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 Nashville Prep (Proposal No. 2021-014PR-001).
Sponsors: Mary Carolyn Roberts, Kevin Rhoten, Brett Withers, Burkley Allen, Tanaka Vercher
Attachments: 1. Exhibit
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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 Nashville Prep (Proposal No. 2021-014PR-001).
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WHEREAS, The Metropolitan Government of Nashville and Davidson County ("Metro"), acting by and through the Metropolitan Nashville Public Schools, and Nashville Prep desire to enter into an agreement for the lease of property for the purpose of a charter school; and,
WHEREAS, Metro wishes to lease the Premises noted in the lease to Nashville Prep.
NOW, THEREFORE, BE IT RESOLVED 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 Nashville 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 Nashville Prep.
Section 4. This resolution shall take effect from and after its adoption, 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 ("MNPS") and Nashville Prep for use of property at 1300 56th Avenue North as a charter school. The property includes approximately 42,211 square feet of the building.

The term of the lease begins July 1, 2023 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 $18,643.19 p...

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