title
A resolution to appropriate grant funds from The Kresge Foundation to the Metropolitan Government, acting by and through the Metropolitan Action Commission, for general operating support.
body
WHEREAS, The Kresge Foundation has awarded a grant in an amount not to exceed $500,000.00 with no cash match required to the Metropolitan Government, acting by and through the Metropolitan Action Commission, for general operating support; and,
WHEREAS, the Metropolitan Action Commission has accepted this grant pursuant to its authority under M.C.L. 2.108.050; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that these funds be appropriated to the Metropolitan Action Commission.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the funds from a grant by and between The Kresge Foundation, in an amount not to exceed $500,000.00, to the Metropolitan Government, acting by and through the Metropolitan Action Commission, for general operating support, a copy of which grant is attached hereto and incorporated herein, be appropriated to the Metropolitan Action Commission.
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
This resolution accepts a grant from The Kresge Foundation to the Metropolitan Action Commission in an amount not to exceed $500,000 with no cash match required. This grant will provide for support of the Metropolitan Action Commission Next Gen initiatives. The grant term begins on July 1, 2023 and ends on June 30, 2025.