RESOLUTION NO. RS2005-851
A resolution appropriating certain 2005 Housing and Community Development funds.
WHEREAS, Ordinance No. BL 2004 - 425 specified programs to utilize the 2005 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 2005 CDBG funds in the following amounts for the following purposes:
b. Planning and Urban Environmental Design 413,064
c. Rehabilitation (Rehabilitation Loans, 1,281,921
d. Acquisition of Real Property 379,829
f. Relocation 47,479
g. Economic Development 308,611
h. Affordable Housing Assistance 156,679
i. Youth Initiatives Program 356,089
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. 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: Pam
Murray, Vivian Wilhoite
|Referred:||Federal Grants Review Committee|
|Introduced:||June 7, 2005|
|Adopted:||June 7, 2005|
|Approved:||June 9, 2005|