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A resolution approving amendments to two grant contracts for constructing affordable housing approved by RS2019-1861 between The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and certain non-profit organizations.
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WHEREAS, The Metropolitan Government of Nashville and Davidson County ("Metro"), acting by and through the Metropolitan Housing Trust Fund Commission, previously entered into grant contracts with Renewal House and Urban Housing Solutions for the express purpose of constructing affordable housing approved by RS2019-1861; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Renewal House and Urban Housing Solutions executed a First Amendment to said grant contracts on August 3, 2021, to extend the term of the grant contracts, which amendment was approved by RS2021-1065; and,
WHEREAS, the parties wish to amend these two grant contracts by extending the term of each contract, copies of which amendments are attached hereto and incorporated herein; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that the amendments to the grant contracts be approved.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That amendment two to two grant contracts for constructing affordable housing between The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and Renewal House and Urban Housing Solutions, copies of which are attached hereto and incorporated herein, are hereby approved, and the Metropolitan Mayor is hereby 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.
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