An ordinance amending Chapter 2.210 of the Metropolitan Code of Laws relative to Economic and Community Development Incentive Grants.
BE IT ENACTED BY THE COUNCIL OF THE METROPOLTAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. Section 2.210.020 of Metropolitan Code is amended by adding a new subsection C thereto stating as follow:
C. Beginning January 1, 2018, a qualified company shall be eligible for economic and community development incentive grants only upon satisfaction of the following additional requirements:
1) Written confirmation is provided by the director of the Metropolitan Transit Authority (MTA) that the qualified company has contacted MTA regarding qualified project participation in the EasyRide MTA-RTA Commuter Program; and
2) For the duration of any economic and community development incentive grants, the qualified company must provide an annual written report to the ECD regarding the participation rate of its full-time equivalent employees in the EasyRide MTA-RTA Commuter Program. Failure to submit timely written reports may be grounds for termination of a grant.
The provisions of this subsection C shall expire and be null and void on January 1, 2020 (“sunset date”) unless extended by resolution of the council of the Metropolitan Government of Nashville and Davidson County. This provision, commonly known as a “sunset provision," is included to ensure that the effectiveness and necessity of this subsection is reviewed by the metropolitan council after its implementation.
Section 2. This Ordinance shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Sponsored by: Burkley Allen, Freddie O'Connell, Angie Henderson, Jeff Syracuse
|Introduced:||September 19, 2017|
|Passed First Reading:||September 19, 2017|
|Referred to:||Budget and Finance Committee|
|Passed Second Reading:||October 3, 2017|
|Passed Third Reading:||October 17, 2017|
|Approved:||October 19, 2017|
|Effective:||October 27, 2017|
Requests for ADA accommodation should be directed to the Metropolitan Clerk