RESOLUTION NO. RS2016-339

A resolution approving amendment two to a Financial Empowerment Centers Grant from the Cities for Financial Empowerment (“CFE”) Fund to The Metropolitan Government of Nashville and Davidson County, acting by and through the Mayor’s Office of Economic and Community Development, to support municipal efforts to improve the financial stability of households by leveraging opportunities unique to local government.

WHEREAS, The Metropolitan Government of Nashville and Davidson County, acting by and through the Mayor’s Office of Economic and Community Development, previously entered into a grant agreement with the Cities for Financial Empowerment (CFE) Fund, to support municipal efforts to improve the financial stability of households by leveraging opportunities unique to local government approved by RS2013-560; and,

WHEREAS, the parties wish to amend the grant agreement by extending the end date to August 31, 2016 and to use $78,975.14 of unspent funds towards the implementation of the Financial Empowerment Center (FEC) initiative, a copy of which amendment two is attached hereto; and,

WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that amendment two be accepted.

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

Section 1. That amendment two to the Financial Empowerment Centers Grant by and between the Cities for Financial Empowerment (CFE) Fund and The Metropolitan Government of Nashville and Davidson County, acting by and through the Mayor’s Office of Economic and Community Development, to support municipal efforts to improve the financial stability of households by leveraging opportunities unique to local government, a copy of which amendment two is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is authorized to execute the same.

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: Bill Pridemore, Erica Gilmore

If you would like a copy of the attachment to any ordinance or resolution, please email your request to the Metro Clerk's Office at metro.clerk@nashville.gov

LEGISLATIVE HISTORY
Referred to:	Budget & Finance Committee
Introduced:	August 16, 2016
Adopted:	August 16, 2016
Approved:	August 17, 2016
By: