The resolution authorizes the appropriation of $150,000 to the Main Street Rhode Island Program. This funding is intended to support local economic development initiatives through the program, which aims to foster the formation of district cohorts across various cities and towns in the state. The Rhode Island Commerce Corporation is designated to accept and disburse these funds to Grow Smart Rhode Island, which manages the program. Additionally, the resolution authorizes the state controller to manage the payment of the allocated funds as necessary to facilitate the ongoing support of the Main Street Rhode Island initiative.