RESOLUTION NO. ______, SERIES 2020
title
A RESOLUTION REPEALING AND REPLACING SECTION 3 OF THE LOUISVILLE METRO COUNCIL POLICIES AND PROCEDURES CONCERNING NEIGHBORHOOD DEVELOPMENT FUNDS AND CAPITAL INFRASTRUCTURE FUNDS (AMENDMENT BY SUBSTITUTION).
BODY
SPONSORED BY: PRESIDENT JAMES AND COUNCIL
MEMBER BLACKWELL
WHEREAS, the Louisville Metro Council ("Council") adopted Policies and Procedures on March 17, 2003, and amended such Policies and Procedures several times with the last revision being made in August 2019;
WHEREAS, Section 3 of the adopted Policies and Procedures provides information regarding Neighborhood Development Funds and Capital Infrastructure Funds; and
WHEREAS, the Council wishes to repeal and replace Section 3 of the Policies and Procedures to reflect current practices, and to amend the Table of Contents to reflect the necessary changes.
NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("COUNCIL") AS FOLLOWS:
SECTION I: The Council hereby repeals Section 3 of the Policies and Procedures and replaces it with the following:
Section 3. NEIGHBORHOOD DEVELOPMENT FUND (NDF) AND CAPITAL INFRASTRUCTURE FUND (CIF)
In addition, Section 6 of the Rules of the Metro Council outlines the specifications and form for ordinances and resolutions.
1. Neighborhood Development Fund (NDF) - The Neighborhood Development Fund is established in the Operating Budget each fiscal year to complete projects/programs in Council Districts or Louisville/Jefferson County. Each Council member is appropriated the same level of funding. Funds not allocated during a fiscal year will not carry over into the next fiscal year unless requested by the Council member to the Office of Management and Budget (OMB) before the end of the fiscal year or unless agreed upon in the subsequent Budget Ordinance.
A. Guidelines to Expend Funds from NDF
An eligible o...
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