RESOLUTION NO. RS2002-1091
A resolution appropriating certain 2002 Housing and Community Development funds.
WHEREAS, Ordinance No. BL 2001 - 868 specified programs to utilize the 2002 Housing and Community Development Block Grant (CDBG Funds); and
WHEREAS, certain activities are, or soon will be ready to begin expenditures of the allocated funds;
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The Metropolitan Development and Housing Agency is authorized to expend and/or transfer to be expended 2002 CDBG funds in the following amounts for the following purposes:
a. General Administration
b. Planning and Urban Environmental Design 432,173
c. Rehabilitation (Rehabilitation Loans, 1,539,925
d. Rental Rehabilitation 372,563
e. Acquisition of Real Property 397,400
f. Relocation 49,675
g. Economic Development 173,862
h. Affordable Housing Assistance 114,252
i. Youth Initiatives Program 247,725
j. Civic Design Center Assistance 100,000
k. Section 108 Loan Repayment 496,750
The remaining funds will be appropriated by resolution as plans are completed and filed.
Section 2. This Resolution shall take effect from and after its passage, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.
Tucker, Leo Waters, Amanda McClendon, Ronnie Greer
Personnel & Housing Committee
|Introduced:||July 16, 2002|
|Adopted:||July 16, 2002|
|Approved:||July 17, 2002|