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A resolution approving amendment two to the grant from The Kresge Foundation to the Metropolitan Government, acting by and through the Metropolitan Action Commission, for general operating support.
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WHEREAS, the Metropolitan Government, acting by and through the Metropolitan Action Commission, previously entered into a grant agreement with the Kresge Foundation for general operating support approved by RS2023-2317 and RS2024-889 (amendment one); and,
WHEREAS, the parties wish to amend the grant agreement to extend the end date of the grant to June 30, 2026, a copy of which amendment two is attached hereto; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that amendment two be approved.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That amendment two to the grant by and between The Kresge Foundation and the Metropolitan Government, acting by and through the Metropolitan Action Commission, for general operating support, a copy of which amendment two is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is hereby 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.
Agenda Analysis
Analysis
This resolution approves the second amendment to a grant from The Kresge Foundation to the Metropolitan Action Commission for general operating support, originally approved by Resolution No. RS2023-2317. The grant is used to provide support for Metropolitan Action Commission Next Gen initiatives. The original grant was in an amount not to exceed $500,000 with no cash match required.
The first amendment, approved by Resolution No. RS2024-889, added $75,000 to the grant, for a total of $575,000.
The proposed second amendment extends the grant term from June 30, 2025, to June 30, 2026.