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A resolution appropriating $10,000,000.00 in American Rescue Plan Act funds from Fund #30216 to be allocated to neighborhood needs through a community-led participatory budgeting program.
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WHEREAS, on June 15, 2021, the Metropolitan Council passed Resolution RS2021-966, a resolution which accepted grant funds for local government support from the Coronavirus State and Local Fiscal Recovery Funds established by the American Recovery Plan (ARP) Act of 2021 from the U.S. Department of the Treasury to The Metropolitan Government of Nashville and Davidson County, which was subsequently signed into law by Mayor John Cooper on June 16, 2021; and,
WHEREAS, Resolution RS2021-966 established a COVID-19 Financial Oversight Committee ("the Committee") whose role is to collect, consider, and recommend appropriate uses of the ARP Funds as designated by the Metropolitan Council disbursement plan. The Committee will submit its reports and recommendations to the Mayor, the Director of Finance, and the Metropolitan Council not later than June 30, 2025; and,
WHEREAS, there are federal requirements for use of American Rescue Plan Act funds that require that these funds be expended or obligated on or before December 31, 2024; and,
WHEREAS, the Committee recognizes that ensuring that ARP Funds reach communities and support community priorities is a critical need for the city of Nashville; and,
WHEREAS, the Committee recognizes that community members are the most knowledgeable advocates for identifying community investments and should be at the forefront of decisions regarding community resource allocation; and,
WHEREAS, the Committee recommends acceptance of the participatory budgeting plan outlined by the Mayor's Office in Exhibit A and that funds be appropriated to support the community investments recommended by the proposed Steering Committee; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that this r...
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