A resolution approving an application for 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, to provide research initiatives for Vanderbilt University, Division of Sponsored Research, which will support the location and expansion of industry and the creation of new jobs.

WHEREAS, the Tennessee Department of Economic and Community Development is accepting applications for its Fast Track Infrastructure Development program; and,

WHEREAS, the Metropolitan Government is eligible to participate in this grant program; and,

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

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

Section 1. That the Metropolitan Government’s application for a Fast Track Infrastructure Development Program grant, with an estimated award of $249,984.00, and an estimated required match of $499,968.00 which is coming from Vanderbilt University from the U.S. Office of Naval Research as local matching funds, a copy of which is attached hereto and incorporated herein, is hereby approved, the Metropolitan Mayor is authorized to execute the same, and the Department of Public Works is authorized to submit said application to the Tennessee Department of Economic and Community Development.

Section 2. 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: Ginger Hausser Pepper, Feller Brown, Mike Jameson

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

LEGISLATIVE HISTORY
Referred:	Budget & Finance Committee Public Works Committee
Introduced:	August 21, 2007
Adopted:	August 21, 2007
Approved:	August 23, 2007
By: