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HomeMy WebLinkAboutCity Council Resolution 2022-332 C ITY OF P LYMOUTH R ESOLUTION N O. 2022-332 R ESOLUTION U TILIZING A MERICAN R ESCUE P LAN A CT (ARPA) F UNDS WHEREAS, Congress adopted the American Rescue Plan Act in March 2021 (ARPA) which included $350B in recovery funds for cities across the country; and WHEREAS, the City of Plymouth received American Rescue Plan Act (ARPA) funds of $3,510,685 in 2021 and $3,510,686 in 2022 for a total of $7,021,371; and WHEREAS, the United States Department of Treasury in the Final Rule issued January 6, 2022 allows local government recipients to utilize an amount not to exceed $10M (standard allowance) of their awarded allocation for the replacement of lost public sector revenues due to the pandemic; and WHEREAS, under the State and Local Fiscal Recovery Funds (SLFRF) program, funds must be used for costs incurred on or after March 3, 2021, obligated by December 31, 2024 and expended by December 31, 2026. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA as follows: 1. The City accepts its share of ARPA Coronavirus SLFRF funds from the United States Department of Treasury to use in a manner consistent with the Department of Treasury’s guidance. 2. The City has determined the Standard Allowance related to lost public sector revenue is the least restrictive use of these funds and allows the City to utilize the funds for the provision of government services, including wages, infrastructure improvements, maintenance, capital projects and other services. APPROVED by the City Council on this 13th day of December, 2022. Resolution 2022-332 Page 2 STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on December 13, 2022 with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this ___________day of __________________, __________. ____________________________________ Jodi M. Gallup, City Clerk