ORDINANCE NO. BL2012-293

An ordinance amending Chapter 2.78 of the Metropolitan Code pertaining to the future operation of the Tennessee State Fairgrounds property.

BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That Chapter 2.78 of the Metropolitan Code is hereby amended by adding the following new Section 2.78.020:

“2.78.020 Private operation of fairgrounds property.
Not later than January 1, 2013, the fair board shall issue a request for information (RFI) to gauge interest from the private sector regarding the future operation of the fairgrounds property. The RFI is to assist the fair board in the identification of potential options to partner with the private sector to make significant capital improvements to the fairgrounds property in exchange for a long term lease of at least twenty-five years with a portion of the revenue generated on the property to be shared with the Metropolitan Government. The RFI should specify that the existing property uses (fair, expo center, flea market, race track and livestock exhibitions) are to remain, and should seek interest from the private sector for the long-term operation of each of these functions.”

Section 2. This Ordinance shall take effect from and after its passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.

Sponsored by: Duane Dominy, Bruce Stanley, Tony Tenpenny, Jason Potts, Davette Blalock

LEGISLATIVE HISTORY

Introduced: November 13, 2012
Deferred: November 13, 2012
Passed First Reading: November 20, 2012
Referred to: Budget & Finance Committee
Codes Committee
Deferred to January 8, 2013: December 4, 2012
Deferred Indefinitely: January 8, 2013
Passed Second Reading:  
Passed Third Reading:  
Approved:  
By: