A resolution approving 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, in the lubrication of nano and micro machines for electrical systems.

WHEREAS, the Tennessee Department of Economic and Community Development has awarded a Fast Track Infrastructure Development program grant in an amount not to exceed $249,984.00 to the Metropolitan Government of Nashville and Davidson County to provide research initiatives for Vanderbilt University, Division of Sponsored Research; and,

WHEREAS, the grant requires matching funds in the amount of $499,968.00 to be paid by the U.S. Office of Naval Research through Vanderbilt University as local matching funds; 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 grant by and between 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, in the lubrication of nano and micro machines for electrical systems 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 to be paid by the U.S. Office of Naval Research through Vanderbilt University, 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 accept said grant 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: Keith Durbin, Emily Evans, Erik Cole

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

LEGISLATIVE HISTORY
Referred:	Budget & Finance Committee Public Works
Introduced:	December 18, 2007
Adopted:	December 18, 2007
Approved:	December 21, 2007
By: