An ordinance authorizing the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Department of Water and Sewerage Services, hereinafter known as “METRO”, to participate with Lincoln Management and Investment Services, LLC, hereinafter known as “LINCOLN”, to provide public water service improvements for both LINCOLN’s proposed development, as well as other existing properties in the area (MWS Project No. 16-WL-221 and Proposal No. 2017M-012AG-001).
WHEREAS, pursuant to the terms of the participation agreement, attached hereto as Exhibit A, LINCOLN in compliance with all METRO requirements and specifications, will contract and oversee the abandonment of approximately 270 linear feet of existing two inch water main and the construction/installation of approximately 300 lineal feet of six inch water main and 1 fire hydrant assembly at or near 1525 Ward Avenue to serve the Ward Avenue Development, as shown in Exhibit B attached hereto, Project No. 16-WL-221; and,
WHEREAS, METRO will inspect the construction and will be responsible for ongoing operation and maintenance; and,
WHEREAS, METRO agrees to pay the lesser of seventy-seven percent (77%) of the actual project costs or an amount not to exceed Ninety Thousand Dollars ($90,000.00); 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 A) between the Metropolitan Government of Nashville and Davidson County, acting by and through the Department of Water and Sewerage Services, and LINCOLN to improve public water services in Davidson County, Tennessee, attached hereto and incorporated herein, is hereby approved, and the Director of Water and Sewer Services is authorized to execute the same.
Section 2. Ninety Thousand Dollars ($90,000.00) from METRO is available in Fund No. 16-099 to pay the lesser of seventy-seven percent (77%) of the actual project costs or Ninety Thousand Dollars ($90,000.00) as a contribution toward the Project.
Section 3. Amendments to this legislation shall be approved by resolution.
Section 4. This ordinance shall take effect from and after its final passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Sponsored by: Anthony Davis, Jeremy Elrod, Burkley Allen, John Cooper
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|Introduced:||July 6, 2017|
|Passed First Reading:||July 6, 2017|
Commission - Approved
Budget & Finance Committee
Planning, Zoning & Historical Committee
Public Works Committee
|Passed Second Reading:||July 18, 2017|
|Passed Third Reading:||August 1, 2017|
|Approved:||August 7, 2017|
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