24-02 · Railroad grant match earmark · Adopted
Feb 26, 2024
REGARDING EARMARKING FUNDS AS A MATCH FOR FUTURE GRANTS FOR THE SOUTH CENTRAL TENNESSEE RAILROAD AUTHORITY
Resolution No. 24-02
Adopted February 26, 2024 · 13 aye, 0 nay, 1 absent
Sponsors Wylie McNair, District 1; Matthew Barnhill, District 3
WHEREAS, the State of Tennessee often has grants available for railroad track repair and rehabilitation projects; and
WHEREAS, the South Central Tennessee Railroad Authority is eligible to receive such grants to improve the railroad tracks running from Dickson County, through Hickman County and into Lewis County, however, they are in need of help funding any required matches; and
WHEREAS, such railroad track improvements made by the South Central Tennessee Railroad Authority could allow Hickman County to have access to functioning railroad tracks again, which would have a positive impact on industry and economic development in our community;
NOW, THEREFORE BE IT RESOLVED by the Legislative Body of Hickman County meeting in regular session on this 26th day of February 2024, that we hereby earmark $100,000 in funds as a match for future railroad track rehabilitation grants for the South Central Tennessee Railroad Authority;
BE IT FURTHER RESOLVED that if the South Central Tennessee Railroad Authority, Dickson County, and Lewis County have all three not formally voted to participate and commit financially to joining Hickman County in seeking such grants to rehabilitate these railroad tracks by December 31, 2024, this Resolution shall expire and be null and void, and this money will no longer be earmarked for such cause.