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A resolution determining a plan for expenditure of a direct appropriation grant from the State of Tennessee in the amount of $5,000,000.
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WHEREAS, the State of Tennessee General Assembly adopted Public Chapter 454 wherein a direct appropriation grant in the amount of $5,000,000 (the "Grant") was made to The Metropolitan Government of Nashville and Davidson County to provide funds for nonrecurring expenses; and,
WHEREAS, by Resolution RS2021-1021, adopted on July 6, 2021, the Metropolitan Council approved the acceptance of the Grant and appropriated the funds to the Department of Finance; and,
WHEREAS, the Metropolitan Council determined that no portion of the Grant was to be expended until a plan for the disbursement of funds (the "Plan") is approved by resolution; and,
WHEREAS, the Plan is now presented to the Metropolitan Council for approval in this resolution; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that the Plan and the Amendment be approved.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the plan for disbursement of the grant funds is as follows:
$5,000,000 will be transferred from the Department of Finance (Fund #30096) to the Department of Water and Sewer Services (Fund #30502) to be utilized for Debris Clean-Up, Riparian Clean-Up, Emerald Ash Borer Program, Waste Operations Assessment, Heavy Equipment/Garbage Truck acquisition, Home Buy-Out Program, all uses as more specifically described in the attached Exhibit.
Section 2. The grant funds shall be expended in accordance with the Plan.
Section 3. 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 a plan for the distribution of funds from a $5,000,000 direct appropriation from the Te...
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