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A resolution amending the grant contract approved by Resolution No. RS2020-239 between Woodbine Community Organization, Inc., and the Metropolitan Government of Nashville and Davidson County; and authorizing the provision of additional grant funds from the Barnes Fund for Affordable Housing to Woodbine Community Organization, Inc., for the express purpose of constructing and rehabilitating affordable or workforce housing.
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WHEREAS, Resolution No. RS2020-239 approved a grant contract between Woodbine
Community Organization, Inc. ("WCO"), a nonprofit organization and the Metropolitan
Government of Nashville and Davidson County; and,
WHEREAS, Resolution No RS2020-239 authorized the appropriation of $1,195,000 to WCO for
purposes of constructing and rehabilitating affordable or workforce housing; and,
WHEREAS, the parties desire to amend the grant contract by increasing the grant funds to WCO
by $805,000, resulting in the provision of funds totaling $2,000,000 from the Barnes Fund for
Affordable Housing to WCO; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and
Davidson County that the amended grant contract be approved.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN
GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The grant contract approved by Resolution No. RS2020-239 between Woodbine
Community Organization, Inc., and the Metropolitan Government of Nashville and Davidson
County, is hereby amended and replaced by the grant contract attached hereto and incorporated
herein.
Section 2. There is hereby appropriated $805,000 in additional funds, resulting in total
appropriations of $2,000,000 to Woodbine Community Organization, Inc., from the Barnes Fund
for Affordable Housing.
Section 3. The funds shall be spent in accordance with the terms and conditions of the grant
contract attached hereto and incorporated herein.
Agenda Analysis
This resolution amends a Barnes Fund gra...
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