A resolution appropriating certain 2000 Housing and Community Development funds.

Whereas, Ordinance No. 099-69 specified programs to utilize the 2000 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 2000 CDBG funds in the following amounts for the following purposes:

a. General Administration $ 553,000
b. Planning and Urban Environmental Design 437,000
c. Rehabilitation (Rehabilitation Loans, Emergency  Rehabilitation) 1,357,000
d. Acquisition of Real Property 502,400
e. Relocation 50,300
f. Economic Development 126,000
g. Affordable Housing Assistance 117,100
h. Youth Initiatives Program 160,000
i. Section 108 Loan Repayment 875,000



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: Morris Haddox, Leo Waters, Melvin Black & David Briley


Referred to: Federal Grants Review Committee
Introduced: April 4, 2000
Adopted: April 4, 2000
Approved: April 5, 2000
By: mayor1.gif (1554 bytes)