HomeMy WebLinkAbout15754RESOLUTION NO. 15754
A RESOLUTION APPROVING PAYMENT IN THE AMOUNT OF
$170,000 FROM PROJECT CI2113 - AMERICAN RESCUE PLAN
ACT FOR ADDITIONAL COSTS ASSOCIATED WITH THE
MINERAL PALACE PARK GREENHOUSE RENOVATION
PROJECT, AS AUTHORIZED BY SECTION 603(C)(1)(C) OF
THE AMERICAN RESCUE PLAN ACT AND U.S. TREASURY
FINAL RULE 31 CFR §35.6
WHEREAS, on March 11, 2021, President Biden signed the U.S. Senate-amended H.R.
1319 (P.L. 117-2) known as the American Rescue Plant Act (hereinafter "ARPA"; and
WHEREAS, on May 10, 2021, the U.S. Treasury issued the Interim Final Rule to
implement ARPA in Title 31, Part 35 of the Code of Federal Regulations ("CFR"); and
WHEREAS, on January 6, 2022, the U.S. Treasury issued, with an effective date of April
1, 2022, the Final Rule to implement ARPA in Title 31, Part 35 of the Code of Federal
Regulations ("CFR"); and
WHEREAS, under ARPA Section 603 (c)(1)(C) and the Final Rule 31 CFR 35.6
recipients may use Coronavirus Local Fiscal Recovery ("CLFR") Funds on governmental
services pursuant to the revenue replacement calculation; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that
SECTION 1.
Payment in the amount of $170,000 is hereby authorized from Project CI2113
American Rescue Plan for the Mineral Palace Park Greenhouse Renovation Project.
SECTION 2.
The officers of the City are authorized and directed to perform any and all acts
consistent with the intent of this Resolution to effectuate the policies and procedures described
herein.
SECTION 3.
This Resolution shall become effective immediately upon final passage.
INTRODUCED: September 23, 2024
BY: Dennis Flores
MEMBER OF CITY COUNCIL
APPROVED: __________________________
PRESIDENT OF CITY COUNCIL
ATTESTED BY: ________________________
CITY CLERK
City Clerk's Office Item # M2
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: September 23, 2024
TO: President Mark Aliff and Members of City Council
CC: Mayor Heather Graham
VIA: Marisa Stoller, City Clerk
FROM: Steven Meier, Director of Parks and Recreation
SUBJECT: A RESOLUTION APPROVING PAYMENT IN THE AMOUNT OF
$170,000 FROM PROJECT CI2113 - AMERICAN RESCUE PLAN ACT
FOR ADDITIONAL COSTS ASSOCIATED WITH THE MINERAL
PALACE PARK GREENHOUSE RENOVATION PROJECT, AS
AUTHORIZED BY SECTION 603(C)(1)(C) OF THE AMERICAN
RESCUE PLAN ACT AND U.S. TREASURY FINAL RULE 31 CFR §35.6
SUMMARY:
This Resolution authorizes payment in the amount of $170,000 from Project CI2113
h the Mineral
Palace Park Greenhouse Renovation project. This payment is authorized by section
603 (c)(1)(C) of the American Rescue Plan Act and U.S. Treasury Final Rule 31 CFR
§35.6.
PREVIOUS COUNCIL ACTION:
By Ordinance No. 9931, approved on May 17, 2021, the City Council established
Project No. CI2113 and budgeted and appropriated up to $36.7 million in funds
which were expected to be distributed to the City from ARPA for covered costs and
eligible expenses to be incurred during the period which
began on March 3, 2021, until December 31, 2024 (to be expended by December 31,
2026).
By Resolution 14854, City Council approved the payment of $1,500,000 from Project
No. CI2113 for the Mineral Palace Park Greenhouse Renovation Project.
BACKGROUND:
ARPA authorized a revenue replacement calculation that would allow state and local
governments to use a portion of ARPA allocation for government services. The City of
Pueblo has calculated lost revenue of $9,409,304.
City Council previously approved this project and the project is in progress. Additional
funds are necessary for the purchase of the greenhouses from the manufacturer.
FINANCIAL IMPLICATIONS:
Funding in the amount of $170,000 will be paid out of Project Cl2113 - American
Rescue Plan.
BOARD/COMMISSION RECOMMENDATION:
Not applicable to this Resolution.
STAKEHOLDER PROCESS:
Not applicable to this Resolution.
ALTERNATIVES:
City Council could decide not to authorize the additional funds for the greenhouses.
RECOMMENDATION:
Approval of the Resolution.
ATTACHMENTS:
None