RESOLUTION NO. RS2007-2019

A resolution approving an amendment to a Fast Track Infrastructure Development Program grant from the Tennessee Department of Economic and Community Development to The Metropolitan Government of Nashville and Davidson County for a Gateway Pro Partners, LLC, parking lot expansion project.

WHEREAS, the Metropolitan Government previously entered into a grant agreement with the Tennessee Department of Economic and Community Development for its Fast Track Infrastructure Development Program; and,

WHEREAS, the parties wish to amend that grant agreement to increase the amount by $152,125.00 to a total grant amount of $495,125.00, a copy of which Amendment is attached hereto; and

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

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

Section 1. That the Amendment to a Fast Track Infrastructure Development Program grant from the Tennessee Department of Economic and Community Development to the Metropolitan Government to fund a Gateway Pro Partners, LLC, parking lot expansion project, increasing the amount by $152,125.00 to a total grant amount of $495,125.00, a copy of which Amendment is attached hereto, is hereby approved, and the Metropolitan Mayor is hereby authorized to 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: Feller Brown, Sam Coleman, Rip Ryman

Attachment(s) on file in the Metropolitan Clerk's Office

LEGISLATIVE HISTORY

Referred: Budget & Finance Committee
Public Works Committee 
Introduced: June 5, 2007
Adopted: June 5, 2007
Approved: June 8, 2007
By: