November 6, 2018
Nashville Metro Council, on November 6, approved a fifteen-year annual payment of $300,000 (two- year phase in and annually adjusted by the CPI), to the City of Belle Meade for road maintenance and associated infrastructure. An amendment to a Memorandum of Understanding between Metro Nashville and Belle Meade executed in 2013, will provide for some services that were originally approved, but never implemented, in the Metropolitan Government of Nashville and Davidson County Charter of 1963. As a result, this annual payment reduces the effect of the Tennessee Hall Tax phase out. See the MOU amendment here.