RESOLUTION NO. RS2006-1404

A resolution appropriating certain 2006 Housing and Community Development funds.

A resolution appropriating certain 2006 Housing and Community Development funds.

WHEREAS, Ordinance No. BL 2005 - 857 specified programs to utilize the 2006 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 2006 CDBG funds in the following amounts for the following purposes:

a. General Administration
b. Planning and Urban Environmental Design
c. Rehabilitation (Rehabilitation Loans,
Emergency Rehabilitation)
d. Acquisition of Real Property
f. Relocation
g. Economic Development
h. Affordable Housing Assistance
i. Youth Initiatives Program
j. Civic Design Center Assistance
k. Section 108 Loan Repayment
                                                   Total
  $ 521,852
 379,529
 1,280,909

308,367
47,441
237,205
156,555
266,576
75,000
400,000
$3,673,434

The remaining CDBG 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: Ludye Wallace, Ronnie Greer, Amanda McClendon, Edward Whitmore

LEGISLATIVE HISTORY

Referred: Federal Grants Review Committee
Introduced: July 18, 2006
Adopted: July 18, 2006
Approved: July 19, 2006
By: