RESOLUTION NO. RS2008-221

A resolution appropriating certain 2007-2008 and 2008-2009 Housing and Community Development funds.

WHEREAS, Ordinance No. BL2006-1282 and Ordinance No. BL2007-46 specified programs to utilize the 2007-2008 and 2008-2009 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 2007-2008 and 2008-2009 CDBG funds as specified in the above Ordinances for the following purposes and amounts:

 
2007-2008
2008-2009

Administration
Planning
Acquisition
Relocation
Economic Development
Rehabilitation Program
Affordable Housing
Special Neighborhood Activites
Section 108 Loan

Total

$550,000
$400,000
$325,000
$50,000
$250,000
$1,350,000
$165,000

$360,000
$400,000

$3,850,000

$555,804
$413,637
$308,029
$47,389
$236,945
$1,166,608
$156,384

$360,000
$533,844

$3,778,640

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: Edith Taylor Langster

LEGISLATIVE HISTORY

Referred: Federal Grants Review Committee 
Introduced: April 1, 2008
Adopted: April 1, 2008
Approved: April 9, 2008
By: