A RESOLUTION APPROPRIATING $25,000 FROM THE CONTINGENCY ACCOUNT OF THE GENERAL SERVICES DISTRICT TO THE MADISON CHAMBER OF COMMERCE TO PARTIALLY FUND THE PROGRAM APPROVED BY RESOLUTION NO. R96-165.

WHEREAS, the Council adopted Resolution No. R96-165 on February 6, 1996 which appropriated $57,500 from the unappropriated fund balance of the general fund of the general services district to the Madison Chamber of Commerce to provide partial funding of a planning and marketing study for the Madison community of the area of Metropolitan Government; and

WHEREAS, Resolution No. R96-165 authorized the Mayor to enter into a contract with the Madison Chamber of Commerce for such amount for the purposes stated in the resolution, which contract has now been approved and prepared by the Department of Law; and

WHEREAS, the appropriation provided by Resolution No. R96-165 lapsed as the contract was not timely prepared and executed; and

WHEREAS, based upon the adoption of Resolution No. R96-165, the Madison Chamber of Commerce relied upon action of the Council and has incurred expenses in the program; and

WHEREAS, there will not be available funds from the unappropriated fund balance of the general fund of the general services district until later this year to allow an appropriation to replace the approved but unspent funds provided by Resolution No. R96-165.

NOW, THEREFORE, BE IT RESOLVED BY THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

SECTION 1. There is hereby appropriated Twenty-Five Thousand Dollars ($25,000) from the Contingency Account of the General Fund of the General Services District to partially fund the grant to the Madison Chamber of Commerce approved by Resolution No. R96-165. Further, when funds are certified available by the Director of Finance in the Unappropriated Fund Balance of the General Fund of the General Services District, the funds appropriated by this resolution will be restored by appropriate legislation adopted by the Council.

SECTION 2. This Resolution shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.

Sponsored By: Ron Nollner