title
A resolution appropriating to a certain account for the benefit of the Hospital Authority in the amount of Ten Million Dollars ($10,000,000).
body
WHEREAS, the Metropolitan Council desires to appropriate to a certain account for the benefit of the Hospital Authority (Nashville General Hospital) in the amount of Ten Million Dollars ($10,000,000) from the undesignated fund balance of the GSD General Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1: That the following amount from the Undesignated Fund Balance of the GSD General Fund is hereby appropriated:
PRIMARY
EXPENDITURE
ACCOUNT #
ACCOUNT DESCRIPTION
AMOUNT
01101426.502613
Subsidy Hospital Authority
$10,000,000
TOTAL
$10,000,000
Section 2: That the appropriation in Section 1 is funded from the following source:
REVENUE
ACCOUNT #
ACCOUNT DESCRIPTION
AMOUNT
10101.335000
GSD General Fund - Undesignated Fund Balance
$10,000,000
TOTAL
$10,000,000
Section 3: As an express condition of the Hospital Authority receiving any part of the appropriation set forth in Section 1, the following timeline and conditions for each Operating Disbursement Request shall apply:
1. Each Operating Disbursement Request shall be delivered to the Metropolitan Director of Finance at least 5 business days prior to requested date of funding, and additionally, shall be certified by the acting chief executive officer and the interim chief financial officer of the Nashville General Hospital as well as the board chair and finance committee chair of the Hospital Authority.
2. Each Operating Disbursement Request will be accompanied by such detailed supporting documentation and analysis as determined by and to the satisfaction of the Metropolitan Director of Finance, including, but not limited to: (a) the most recent month end budget to actual income statement; (b) the most recent cash flow statement showing each actual month beginning July 1, 2...
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