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A resolution amending Resolution RS2022-1311 to reallocate funds, which appropriated $15,000,000.00 in American Rescue Plan Act Funds to the Metropolitan Development and Housing Authority, to improve infrastructure at Cayce Place.
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WHEREAS, Resolution RS2022-1311 appropriated $15,000,000.00 in American Rescue Plan Act Funds to the Metropolitan Development and Housing Authority to improve infrastructure at Cayce Place to provide more affordable housing units and to increase safety at Cumberland View; and,
WHEREAS, MDHA initially proposed a $13,300,000.00 infrastructure improvement plan at Cayce Place, allocated between two uses: $7.5 million for a sewer separation project and $5.8 million for water, sewer, roads and sidewalk work; and,
WHEREAS, during the design work for infrastructure improvement at Cayce Place, the estimated cost and scale of construction for the sewer separation project significantly exceeded early projections, causing the construction of the project to extend beyond the timeline for which the ARP Funds need to be expended; and,
WHEREAS, MDHA has proposed to reallocate the Cayce Place infrastructure funds so that the $7.5 million sewer separation project be reduced to $1.9 million, and the $5.8 million for water, sewer, roads and sidewalk work be increased to $11.4 million; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that this resolution be approved.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The Metropolitan Council accepts this resolution as a recommendation of the COVID-19 Financial Oversight Committee.
Section 2. That Exhibit A to Resolution RS2022-1311 is hereby amended by deleting the Cayce Place ARP funding breakdown in its entirety and replacing it with the following:
Cayce Place
* $1.9M for a sewer separation project that will affect more than 800 units at the site
* $11.4M f...
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