A resolution appropriating certain 2002 Housing and Community Development funds.

WHEREAS, Ordinance No. BL 2001 - 868 specified programs to utilize the 2002 Housing and Community Development Block Grant (CDBG Funds); and

WHEREAS, certain activities are, or soon will be ready to begin expenditures of the allocated funds;

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

Section 1. The Metropolitan Development and Housing Agency is authorized to expend and/or transfer to be expended 2002 CDBG funds in the following amounts for the following purposes:

a. General Administration $ 546,425
b. Planning and Urban Environmental Design 432,173
c. Rehabilitation (Rehabilitation Loans, 1,539,925
Emergency Rehabilitation)
d. Rental Rehabilitation 372,563
e. Acquisition of Real Property 397,400
f. Relocation 49,675
g. Economic Development 173,862
h. Affordable Housing Assistance 114,252
i. Youth Initiatives Program 247,725
j. Civic Design Center Assistance 100,000
k. Section 108 Loan Repayment 496,750
Total $4,470,750

The remaining funds will be appropriated by resolution as plans are completed and filed.

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

Sponsored By: Carolyn Baldwin Tucker, Leo Waters, Amanda McClendon, Ronnie Greer

LEGISLATIVE HISTORY
Referred to:	Federal Grants Review Personnel & Housing Committee
Introduced:	July 16, 2002
Adopted:	July 16, 2002
Approved:	July 17, 2002
By: