Resolution RS2020-440 (as amended)
A resolution accepting a direct appropriation grant from the State of Tennessee in the amount of $10,000,000.
WHEREAS, the State of Tennessee General Assembly adopted Public Chapter 760 wherein a direct appropriation grant in the amount of $10,000,000 was made to The Metropolitan Government of Nashville and Davidson County to provide funds for one-time expenses for information technology hardware upgrades, capital maintenance, utility system upgrades, road projects, public safety, and COVID-19 response, offsetting the loss of local revenues or supplementing local revenue; and,
WHEREAS, the State of Tennessee Department of Finance and Administration required the submission of an executed Letter of Agreement accepting the grant funds by July 15, 2020 in order to distribute the funds by July 31, 2020; and,
WHEREAS, the Letter of Agreement was executed and timely submitted; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that the Letter of Agreement accepting the grant funds be ratified and approved.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the Letter of Agreement accepting the direct appropriation grant by and between the State of Tennessee and the Metropolitan Government of Nashville and Davidson County in the amount of $10,000,000, an executed copy of which is attached hereto and incorporated herein, is hereby ratified and approved.
Section 2. That the amount of this grant be appropriated to the Department of Finance based on revenues estimated to be received.
Section 3. The grant funds accepted by this resolution shall not be expended until a plan for disbursement of the funds is approved by a resolution adopted by the Metropolitan Council.
Section 4. That this resolution shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Bob Mendes, Kyonzté Toombs, Zulfat Suara
Referred toBudget and Finance Committee
IntroducedJuly 21, 2020
AmendedJuly 21, 2020
AdoptedJuly 21, 2020
ApprovedJuly 22, 2020
Requests for ADA accommodation should be directed to the Metropolitan Clerk at 615-862-6770.
Last Modified: 08/03/2020 2:09 PM