DATE: November 7, 2017
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Shauna Billingsley, City Attorney
SUBJECT:
title
Consideration of 2017-2018 Nonprofit Funding Agreements.
body
Purpose
The purpose of this memorandum is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning funding agreement between the City of Franklin and Tennessee nonprofit corporations.
Background
The Agency shall use the funds for the sole and limited purpose of community and economic development of the City of Franklin. Funding was approved in the adopted FY2017-2018 budget.
Financial Impact
The cost to the City of Franklin is $259,915.00.
2017-0147 |
$4,230.00 |
ARC of Williamson County |
2017-0148 |
$18,000.00 |
Boys and Girls Club |
2017-0149 |
$15,040.00 |
Bridges of Williamson County |
2017-0150 |
$29,140.00 |
Community Child Care |
2017-0151 |
$8,460.00 |
Community Housing Partnership |
2017-0153 |
$17,352.00 |
Mid-Cumberland Human Resources |
2017-0154 |
$1,500.00 |
Second Harvest Foodbank |
2017-0155 |
$22,913.00 |
WAVES |
2017-0156 |
$15,000.00 |
Graceworks |
2017-0157 |
$15,000.00 |
Gentry’s Education Foundation |
2017-0158 |
$5,000.00 |
Transit Alliance |
2017-0159 |
$34,610.00 |
Franklin Tomorrow |
2017-0160 |
$5,500.00 |
Sister Cities of Franklin/Williamson Co. |
2017-0161 |
$23,170.00 |
Tennessee Rehabilitation Center at Franklin |
2017-0184 |
$20,000.00 |
Williamson, Inc. - Business Retention Program |
2017-0185 |
$25,000.00 |
Williamson, Inc. |
Total |
$259,915.00 |
|
Recommendation Staff recommends that the Board of Mayor and Aldermen acknowledge receipt of this report of execution for the above referenced Nonprofit Funding Agreements.