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A resolution approving amendment three to a grant from the Tennessee Emergency Management Agency to the Metropolitan Government, acting by and through the Department of Finance, to provide public assistance pursuant to Presidential Disaster Declaration number FEMA-4476-DR-TN for costs incurred for severe storms, tornadoes, straight-line winds, and flooding on March 3, 2020.
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WHEREAS, the Metropolitan Government, acting by and through the Department of Finance, previously entered into a grant agreement with the Tennessee Emergency Management Agency to provide public assistance pursuant to Presidential Disaster Declaration number FEMA-4476-DR-TN for costs incurred for severe storms, tornadoes, straight-line winds, and flooding on March 3, 2020, approved by RS2021-701; and,
WHEREAS, the parties wish to amend the grant agreement to increase the amount of the grant by $1,929,499.84 from $13,478,466.63 to $15,407,966.47 and decrease the required cash match by $1,157,638.68 from $1,929,397.77 to $771,759.09, a copy of which amendment three is attached hereto; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that amendment three be accepted.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That amendment three to the grant by and between the Tennessee Emergency Management Agency and the Metropolitan Government, acting by and through the Department of Finance, to provide public assistance pursuant to Presidential Disaster Declaration number FEMA-4476-DR-TN for costs incurred for severe storms, tornadoes, straight-line winds, and flooding on March 3, 2020, a copy of which amendment three is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is authorized to execute the same.
Section 2. 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
Resolution No. RS2021-701 accepted a grant in the amount of $4,811,668.25 from the Tennessee Emergency Management Agency (TEMA) to the Metropolitan Department of Finance to provide reimbursement for costs incurred for severe storms, tornadoes, straight-line winds, and flooding on March 3, 2020. Resolution No. RS2021-1022 approved the first amendment to that grant, which increased the award by $2,364,595.64 and increased the local cash match requirement by $341,701.93. Resolution No. RS2021-1259 approved the second amendment to that grant agreement which increased the award by $6,302,202.74 and the local cash match by $900,314.67.
The resolution under consideration approves the third amendment to this grant agreement. TEMA has awarded an additional $1,929,499.84, increasing the total grant award from $13,478,466.63 to $15,407,966.47. The local cash match will decrease by $1,157,638.68, from $1,929,397.77 to $771,759.09. Attachments to the grant would be updated to reflect this change. The term of the agreement remains March 3, 2020 through March 2, 2024.