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HomeMy WebLinkAbout09785ORDINANCE NO. 9785 AN EMERGENCY ORDINANCE AMENDING SECTION 14-4- 85.1 OF CHAPTER 4 OF TITLE XIV OF THE PUEBLO MUNICIPAL CODE RELATING TO AND EXTENDING THE DEADLINE FOR COVID-19 EMERGENCY PROJECT GRANTS BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: (brackets indicate matter being deleted, underscoring indicates new matter being added) SECTION 1. Section 14-4-85.1 of Chapter 4 of Title XIV of the Pueblo Municipal Code, as amended, is hereby amended to read as follows: Sec. 14-4-85.1. Sales and Use Tax Capital Improvement Project Fund; definitions. . . . (11) COVID-19 Emergency Project shall mean an amount equal to Five Million Dollars ($5,000,000) made available for COVID-19 impacted businesses. Said Project shall be available until Project is exhausted or October 1, 2020, whichever occurs first \[.\]; provided, however and subject to available funds, grants authorized pursuant to Section 14-4-85.5 of this Chapter may be received, approved and made available under the Project after October 1, 2020 if said funds will be spent and used on or before December 30, 2020. SECTION 2. The officers and staff of the City are authorized and directed to perform any and all acts consistent with this Ordinance to effectuate the policies and procedures described herein. SECTION 3. Savings Clause: The immediate enactment of this Ordinance is necessary in order to preserve and protect the health, safety and welfare of the residents of the City. Funds for grants under the COVID-19 Emergency Project are currently available only through October 1, 2020. The immediate approval of this Ordinance is necessary in order to timely extend said deadline before it expires. Accordingly, pursuant to Sec. 3-20 of the City Charter, this Ordinance shall become effective on the date of final action by the Mayor and City Council. Action by City Council: Introduced and initial adoption of Ordinance by City Council on September 28, 2020. Final adoption of Ordinance by City Council on September 28, 2020. President of City Council Action by the Mayor: ☒ Approved on September 30, 2020 . ☐ Disapproved on based on the following objections: Mayor Action by City Council After Disapproval by the Mayor: ☐ Council did not act to override the Mayor's veto. ☐ Ordinance re-adopted on a vote of , on ☐ Council action on __________________failed to override the Mayor’s veto. President of City Council ATTEST City Clerk City Clerk’s Office Item # S-1 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: September 28, 2020 TO: President Dennis E. Flores and Members of City Council VIA: Brenda Armijo, City Clerk FROM: Mayor Nicholas A. Gradisar SUBJECT: AN EMERGENCY ORDINANCE AMENDING SECTION 14-4-85.1 OF CHAPTER 4 OF TITLE XIV OF THE PUEBLO MUNICIPAL CODE RELATING TO AND EXTENDING THE DEADLINE FOR COVID-19 EMERGENCY PROJECT GRANTS SUMMARY: The proposed Ordinance extends the deadline for receiving and approving COVID-19 Emergency Project grants beyond the date of October 1, 2020 provided said funds are spent and used on or before December 30, 2020. PREVIOUS COUNCIL ACTION: The Half-Cent Sales Tax Criteria Ordinance was last amended by City Council by Ordinance No. 9698 on April 13, 2020. Said Ordinance established the “COVID-19 Emergency Project” which was funded with Five million Dollars ($5,000,000) from the 1992-2021 Sales and Use Tax Capital Improvement Projects Fund. Pursuant to said Project, said funding was to be made available for grants or loans to local businesses which have been negatively impacted by the COVID-19 pandemic. BACKGROUND: Funds for grants and loans under the COVID-19 Emergency Project are currently available only through October 1, 2020. Pursuant to the May 18, 2020 Executive Order D 2020 070 issued by the Governor of Colorado and the subsequent creation of the Coronavirus Relief Fund (“CRF”), the City may apply for reimbursement of funds made available for grants under the COVID-19 Emergency Project. CRF reimbursements apply to eligible expenses incurred through December 30, 2020. The purpose of the proposed Ordinance is to extend the deadline for COVID-19 Emergency Project grants beyond October 1, 2020 provided said funds are spent and used by December 30, 2020, which date is consistent with the CRF reimbursement limitation. FINANCIAL IMPLICATIONS: The Half Cent Sales Tax Fund currently contains sufficient unobligated monies to allow for the extension of the deadline for the COVID-19 Emergency Project grants. The City will apply for reimbursement of any such grants from the Coronavirus Relief Fund. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Ordinance. STAKEHOLDER PROCESS: Not applicable to this Ordinance. ALTERNATIVES: Without this Ordinance, no further grants will be made under the COVID-19 Emergency Project. RECOMMENDATION: The administration is recommending approval of this Ordinance. Attachments: Proposed Ordinance.