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HomeMy WebLinkAbout15821RESOLUTION NO. 15821 A RESOLUTION APPROVING PAYMENT IN THE AMOUNT OF $80,000 FROM PROJECT ACCOUNT CI2113 - AMERICAN RESCUE PLAN ACT FOR CITY-WIDE TRASH REMOVAL PROJECTS 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 Plan 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 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 $80,000.00 is hereby authorized from Project Account CI2113 - American Rescue Plan for purchases related to various cleanup events and activities within the City. SECTION 2. The officers of the City are authorized to perform any and all acts consistent with this Resolution to implement the policies and procedures described herein. SECTION 3. This Resolution shall become effective immediately upon final passage. INTRODUCED: November 11, 2024 BY: Regina Maestri MEMBER OF CITY COUNCIL APPROVED: __________________________ PRESIDENT OF CITY COUNCIL ATTESTED BY: ________________________ CITY CLERK City Clerk's Office Item # M17 Background Paper for Proposed Resolution COUNCIL MEETING DATE: November 11, 2024 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Marisa Stoller, City Clerk FROM: Andrew Hayes, Public Works Director SUBJECT: A RESOLUTION APPROVING PAYMENT IN THE AMOUNT OF $80,000 FROM PROJECT ACCOUNT CI2113 - AMERICAN RESCUE PLAN ACT FOR CITY-WIDE TRASH REMOVAL PROJECTS 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 $80,000.00 from Project Account CI2113 American Rescue Plan Act ("ARPA") for purchases related to various cleanup activities and events within the City of Pueblo. 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 Account 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 City has previously allocated $300,000 toward cleanup activities and events around the City. Those funds have since been expended and an additional $80,000 is needed to cover expenses related to ongoing cleanup work within the City. FINANCIAL IMPLICATIONS: Funding in the amount of $80,000.00 will be paid out of Project Account CI2113 - 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 forego additional cleanup work. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: None