A resolution accepting a grant from the State of Tennessee, Department of Transportation, to The Metropolitan Government of Nashville and Davidson County for traffic guidance in the central business district and its gateways.

WHEREAS, the State of Tennessee, Department of Transportation, has awarded a grant in an estimated amount of $1,400,000 to The Metropolitan Government of Nashville and Davidson County, for traffic guidance in the central business district and its gateways; and,

WHEREAS, the grant requires matching funds from the Metropolitan Government in an estimated amount of $350,000; and,

WHEREAS, it is to benefit the citizens of The Metropolitan Government of Nashville and Davidson County that this grant be accepted.

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

Section 1. That the grant by and between the State of Tennessee, Department of Transportation, to The Metropolitan Government of Nashville and Davidson County, for traffic guidance in the central business district and its gateways, a copy of which grant is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is authorized the execute the same.

Section 2. That the amount of this grant be appropriated to the Public Works Department, based on the revenues estimated to be received and any match to be applied.

Section 3. That 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: Diane Neighbors, Jim Shulman, Ludye N. Wallace

LEGISLATIVE HISTORY
Referred:	Budget & Finance Committee Public Works Committee Traffic & Parking Committee
Introduced:	November 16, 2004
Adopted:	November 16, 2004
Approved:	November 17, 2004
By: