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HomeMy WebLinkAbout15756RESOLUTION NO. 15756 A RESOLUTION APPROVING PAYMENT IN THE AMOUNT OF $100,000 FROM PROJECT CI2113 - AMERICAN RESCUE PLAN ACT FOR TRAIL REPLACEMENT ALONG THE ARKANSAS RIVER AND FOUNTAIN CREEK, 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 $100,000 is hereby authorized from Project CI2113 American Rescue Plan for repair of the concrete trail along the Arkansas River and Fountain Creek. 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 # M4 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 $100,000 FROM PROJECT CI2113 - AMERICAN RESCUE PLAN ACT FOR TRAIL REPLACEMENT ALONG THE ARKANSAS RIVER AND FOUNTAIN CREEK, 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 $100,000 from Project CI2113 River and Fountain Creek. 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). 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. The trail along the Arkansas River and Fountain Creek have been damaged by tree roots and heavy vehicles using the trail for utility repairs. As a result, the concrete trail is heaving, broken, and uneven in many areas. This project would repair approximately 1,000 to 1,500 linear feet of concrete trail. FINANCIAL IMPLICATIONS: Funding in the amount of $100,000 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 payment of the funds and leave the concrete trail in its current condition. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: None