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Resolution RS2019-1878

A resolution approving an amendment to the Consumer Financial Protection Initiative grant from the Cities for Financial Empowerment Fund, Inc. (“CFE Fund”) to the Metropolitan Government of Nashville and Davidson County, acting by and through the Office of the Mayor, to support municipal engagement to improve the financial stability of low and moderate income households.

WHEREAS, The Metropolitan Government of Nashville and Davidson County, acting by and through the Office of the Mayor, previously entered into a grant agreement with the Cities for Financial Empowerment Fund, Inc., approved by RS2018-1121; and,

WHEREAS, the Parties wish to amend the grant agreement to extend the end date of the grant term from September 30, 2019 to September 30, 2020; and,

WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that this amendment be accepted.

NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

Section 1. That the amendment to the grant by and between the Cities for Financial Empowerment Fund, Inc. and The Metropolitan Government of Nashville and Davidson County, acting by and through the Office of the Mayor, to support municipal engagement to improve the financial stability of low and moderate income households, a copy of which amendment is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is authorized to execute the same.

Section 2. That this resolution shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.

Sponsor(s)

Tanaka Vercher

Related Documents

Legislative History

Referred toBudget and Finance Committee

IntroducedAugust 20, 2019

AdoptedAugust 20, 2019

ApprovedAugust 21, 2019

By:Mayor Briley's signature

Requests for ADA accommodation should be directed to the Metropolitan Clerk at 615-862-6770.

Last Modified: 08/23/2019 3:12 PM