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A resolution amending RS2022-1362, which appropriated $1,046,000.00 in American Rescue Plan Act funds from Fund #30216 to the Nashville Fairgrounds to provide rent relief to vendors at the Nashville Flea Market, to extend the effective date and extend the rent relief.
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WHEREAS, Resolution 2022-1362 was passed by Metro Council on February 1, 2022, to provide rent relief to vendors of the Nashville Flea Market; and,
WHEREAS, the Committee finds that extending the effective date of the relief payments to September 30, 2024 and expanding rent relief beyond 8 months will continue to assist vendors in reinvesting in or initiating their small businesses at the Nashville Flea Market; 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. That the Metropolitan Council accepts this resolution as a recommendation of the COVID-19 Financial Oversight Committee.
Section 2. That the effective date of the rent relief program established by RS2022-1362 be extended through September 30, 2024 and that the eligibility for rent relief be extended beyond 8 months as further detailed in Exhibit A.
Section 3. Quarterly reporting from The Nashville Fairgrounds to the COVID-19 Oversight Committee is required. The required information includes but is not limited to the following:
a. Accounting of all grant funds, including identification of grant fund recipients
b. Use of funds and balance of funds remaining from the $1,064,000.00 allocation
c. Program results such as number of vendors receiving rent relief, the number of months and dollar value of that relief, zip codes of the vendors, etc.
Section 4. That this resolution shall take effect from and after its final passage, the welfare of the public requiring it.
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This resolution am...
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