Loading...
Resolution No. 2021-125 Distribution of COVID Funds Resolution No. 2021-125 Accepting First Installment of American Rescue Plan Coronavirus Local Fiscal Recovery Funds and Accepting Redistribution of Unrequested Coronavirus Local Fiscal Recovery Funds Whereas, Congress adopted the American Rescue Plan Act (ARPA) in March 2021, which included $65 billion in recovery funds for cities across the country; and Whereas, ARPA funds are intended to provide support to state, local, and tribal governments in responding to the impact of COVID-19 and in their efforts to contain COVID-19 in their communities, residents, and businesses; and Whereas, The Fiscal Recovery Fund provides for $19.5 billion in payments to be made to States and territories which will distribute the funds to non-entitlement units of local government (NEUs); and Whereas, NEUs generally have populations below 50,000; and Whereas, the ARPA requires that States and territories allocate funding to NEUs in an amount that bears the same proportion as the population of the NEU to the total population of all NEUs in the State; and Whereas, on July 30, 2021 the City of Fridley (City) received $1,472,232 for its share of the Fiscal Recovery Fund; Whereas, after the deadline of October 11, 2021 passed for NEUs to request ARPA funds, nearly $12 million of available funds for Minnesota’s NEUs remained unrequested; and Whereas, as allowed by the United States Treasury, the State of Minnesota has redistributed these remaining funds amongst eligible local governments who requested ARPA funds; and Whereas, $48,212 has been allocated to the City pursuant to the ARPA redistribution; and Whereas, the redistribution will be distributed in two deposits, with half received in 2021 and the second half in 2022. Now, therefore be it resolved, that the City accepts the first installment of American Rescue Plan Coronavirus Local Fiscal Recovery Funds in the amount of $1,472,232 established under the ARPA to be used in a manner consistent with guidance adopted by the United State Department of Treasury. Resolution No. 2021-125 Page 2 Be it further resolved that the City accepts the first installment of redistributed coronavirus local fiscal recovery fund established under the ARPA in the amount of $48,212 to be used in a manner consistent with guidance adopted by the United State Department of Treasury. th Passed and adopted by the City Council of the City of Fridley this 13 day of December, 2021. _______________________________________ Scott J. Lund – Mayor Attest: ________________________________________ Melissa Moore – City Clerk