RESOLUTION NO. RS2002-1022
A resolution repealing Resolution No. RS2001-854 and transferring the $100,000 appropriated by Resolution No. RS2001-854 to the Heart of Hope Gardens Housing program for property acquisition, relocation and demolition, construction financing and additional infrastructure improvements.
WHEREAS, Resolution No.
RS2001-854 appropriated $100,000 in Metropolitan Council Reserve funds to support
the establishment of a local office in Nashville by the Local Initiatives Support
Corporation (LISC), to work on local affordable housing and economic development
projects in the inner city; and
WHEREAS, Resolution No. RS2001-855 appropriated $300,000 in Metropolitan Council
Reserve funds for use by MDHA for the Heart of Hope Gardens Housing program
for property acquisition, relocation and demolition, construction financing
and additional infrastructure improvements; and
WHEREAS, it has been determined that the Local Initiatives Support Corporation
(LISC) program as described in Resolution No. RS2001-854 will not be undertaken
in Nashville; and
WHEREAS, it is in the best interest of the citizens of Nashville and Davidson
County that Resolution No. RS2001-854 be repealed and the $100,000 so appropriated
by it be transferred to the Heart of Hope Gardens Housing program.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That Resolution
No. RS2001-854, which appropriated $100,000 in Metropolitan Council Reserve
funds to support the establishment of a local office in Nashville by the Local
Initiatives Support Corporation (LISC), is hereby repealed.
Section 2. That the $100,000 previously appropriated in Resolution No. RS2001-854
be transferred to MDHA for the Heart of Hope Gardens Housing program for property
acquisition, relocation and demolition, construction financing and additional
infrastructure improvements.
Section 3. That this resolution shall take effect from and after its enactment,
the welfare of the Metropolitan Government of Nashville and Davidson County
requiring it.
Sponsored By: Chris Ferrell
LEGISLATIVE HISTORY |
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Referred to: | Federal Grants Review Committee |
Introduced: | April 16, 2002 |
Adopted: | April 16, 2002 |
Approved: | April 17, 2002 |
By: | ![]() |