RESOLUTION NO. RS2014-1316
A resolution appropriating one hundred thousand dollars ($100,000) from the Undesignated Fund Balance of the General Fund of the General Services District to Neighborhoods Resource Center to provide partial funding for its program services.
WHEREAS, Neighborhoods Resource Center is a nonprofit organization that provides assistance, training, and leadership development for neighborhood organizations throughout Nashville; and
WHEREAS, T.C.A. § 7-3-314 enables the Metropolitan Government to appropriate funds for the financial aid of a nonprofit organization which is exempt from taxation pursuant to § 501(c)(3) of the Internal Revenue Code of 1954, as amended (sic), provided that such funds appropriated shall be used to promote the general welfare of the residents of Metropolitan Government; and
WHEREAS, Neighborhoods Resource Center is a tax exempt organization under the provisions of § 501(c)(3) of the Internal Revenue Code of 1986, as amended; and
WHEREAS, the funds appropriated herein shall be used to promote the general welfare of the residents of Metropolitan Government.
NOW, THEREFORE, BE IT RESOLVED BY THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. There is hereby appropriated one hundred thousand dollars ($100,000) from the Undesignated Fund Balance of the General Fund of the General Services District to fund a grant to Neighborhoods Resource Center for the purpose of providing a portion of the funding for its program services.
Section 2. Prior to receiving any funds appropriated by this Resolution, Neighborhoods Resource Center shall submit to the Department of Finance, Division of Grants Management: (1) a copy of its corporate charter or other articles, constitution, bylaws, or instruments of organization; (2) a copy of a letter from the Internal Revenue Service evidencing the fact that the organization is a nonprofit, tax-exempt organization under the Internal Revenue Code of 1986, as amended; (3) a statement of the nature and extent of the organization's program that serves the residents of the Metropolitan Government; (4) the proposed use of the funds to be provided by the Metropolitan Government; (5) the proposed budget of the organization, indicating all sources of funds and a line-item identification of the proposed expenditure of Metropolitan Government funds; and (6) a copy of the organization's audit for the most recent fiscal year, all as required by §5.04.070 of the Metropolitan Code.
Section 3. The Metropolitan Government is hereby authorized to enter into a contract with Neighborhoods Resource Center for the amount provided herein for the purposes stated, and the Metropolitan Mayor is hereby authorized to execute said contract. Such contract shall specify the terms and conditions under which the grant funds are to be spent and shall contain a requirement that the grantee shall file with the Director of Finance a copy of an annual report of its business affairs and transactions and documents relating to the actual expenditures of the funds provided herein.
Section 4. This Resolution shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Sponsored by: Scott Davis
|Referred to:||Budget & Finance Committee|
|Introduced:||December 16, 2014|
|Deferred:||December 16, 2014|
|Deferred to February 3, 2015:||January 6, 2015|
|Withdrawn:||February 3, 2015|
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