RESOLUTION NO.______, SERIES 2019
TITLE
A RESOLUTION AMENDING LOUISVILLE METRO COUNCIL POLICES AND PROCEDURES RELATING TO THE TRANSFERRING OF NEIGHBORHOOD DEVELOPMENT FUNDS AND OFFICE COST CENTER FUNDS.
BODY
SPONSORED BY: COUNCIL PRESIDENT JAMES
WHEREAS, Metro Council understands the importance of each Metro Council District's budget and finds that the policies and procedures should be amended to provide greater flexibility to determine each individual Council District's budgetary and fiscal priorities; and
WHEREAS, Metro Council hereby amends its Policies and Procedures to provide for the transfer of funds from District NDF to the District office cost center fund without monetary restrictions.
NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE "COUNCIL") AS FOLLOWS:
SECTION I: Metro Council hereby amends its Policies and Procedures, Section 3.1.A. Guidelines to Expend Funds from NDF, as follows:
The Council member may request expending NDF in the following ways:
? capital and operating grants to eligible non-profits defined under the Internal
Revenue Code Sections:
o 501(c)3 Organizations
o 501(c)4 Organizations (Civic Leagues, Social Welfare and Neighborhood Associations only)
o Homeowner Associations not recognized tax exempt under section
501(c), but who consistently file Form 1120-H, U. S. Income Tax Return
for Homeowners Associations;
o Section 501(c)6 Organizations (Business Leagues only)
o Section 501(c)19 Organizations (Veterans)
? Operating projects/programs of Metro government departments/agencies
? Capital or operating projects/programs of other governmental entities
Updated August 2018 12
? Transfer to council member's operating cost center accounts, limited to $25,000 per fiscal year. The ordinance transferring the NDF to cost center accounts must contain detail of the amounts being adde...
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