RESOLUTION NO. RS2004-300
A resolution appropriating certain 2004 Housing and Community Development funds.
WHEREAS, Ordinance No. BL 2003 - 64 specified programs to utilize the 2004 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. That the Metropolitan Development and Housing Agency is authorized to expend and/or transfer to be expended 2004 CDBG funds in the following amounts for the following purposes:
a. General Administration $ 531,252
b. Planning and Urban Environmental Design 420,172
c. Rehabilitation (Rehabilitation Loans, 1,545,461
d. Acquisition of Real Property 386,365
f. Relocation 48,296
g. Economic Development 313,922
h. Affordable Housing Assistance 159,376
i. Youth Initiatives Program 362,217
j. Civic Design Center Assistance 100,000
k. Section 108 Loan Repayment 400,000
The remaining funds will be appropriated by resolution as plans are completed and filed.
Section 2. That this Resolution shall take effect from and after its passage, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.
Sponsored by: Jamie Isabel, Pam Murray, Edward Whitmore
|Referred:||Federal Grants Review Committee|
|Introduced:||May 18, 2004|
|Adopted:||May 18, 2004|
|Approved:||May 19, 2004|