Description
Title: A resolution approving amendment one to a grant memorandum of understanding (MOU) from the National League of Cities to the Metropolitan Government, acting by and through the Metropolitan Finance Department, to participate in the Southern Cities Economic Initiative (SCEI) to design and execute local economic strategies that boost economic mobility and resilience for residents and small businesses.
Summary
The resolution pertains to Amendment One of the Southern Cities Economic Initiative (SCEI) grant memorandum of understanding (MOU) between the National League of Cities and the Metropolitan Government of Nashville. This amendment extends the grant period from October 31, 2025, to June 30, 2026, and updates its budget. The initiative aims to develop an engagement strategy to increase small business registrations with Metro Government, enhancing outreach and streamlining the registration process. These efforts support economic inclusion and resilience, aligning with the Mayor's Office goals. The amendment does not involve additional funding from Metro and outlines plans to seek outside funding post-grant expiration if necessary.