Loading...
HomeMy WebLinkAbout2021-049 Council Resolution r CITY OF LINO LAKES RESOLUTION NO. 21-49 ACCEPTING THE CORONAVIRUS LOCAL FISCAL RECOVERY FUNDS ESTABLISHED UNDER THE AMERICAN RESCUE PLAN ACT WHEREAS, since the first case of coronavirus disease 2019 (COVID-19) was discovered in the United States in January 2020, the disease has infected over 32 million and killed over 575,000 Americans ("Pandemic"). The disease has impacted every part of life: as social distancing became a necessity, businesses closed, schools transitioned to remote education, travel was sharply reduced, and millions of Americans lost their jobs; WHEREAS, as a result of the Pandemic cities have been called on to respond to the needs of their communities through the prevention, treatment, and vaccination of COVID-19. WHEREAS, city revenues, businesses and nonprofits in the city have faced economic impacts due to the Pandemic. WHEREAS, Congress adopted the American Rescue Plan Act in March 2021 ("ARPA") which included $65 billion in recovery funds for cities across the country. 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. WHEREAS, an estimated $2,339,941.33 has been allocated to the City of Lino Lakes ("City") pursuant to the ARPA ("Allocation"). WHEREAS, the United States Department of Treasury has adopted guidance regarding the use of ARPA funds. WHEREAS, the City, in response to the Pandemic, has had expenditures and anticipates future expenditures consistent with the Department of Treasury's ARPA guidance. WHEREAS,the State of Minnesota will distribute ARPA funds to the City because its population is less than 50,000. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES, MINNESOTA AS FOLLOWS: 1. The City intends to collect its share of ARPA funds from the State of Minnesota to use in a manner consistent with the Department of Treasury's guidance. 2. City staff,together with the Mayor and the City Attorney are hereby authorized to take any actions necessary to receive the City's share of ARPA funds from the State of Minnesota for expenses incurred because of the Pandemic. 3. City staff,together with the Mayor and the City Attorney are hereby authorized to make recommendations to the City Council for future expenditures that may be reimbursed with ARPA funds. Adopted by the City Council of the City of Lino Lakes this 14th day of June 2021. The motion for the adoption of the foregoing resolution was introduced by Councilmember Stoesz and was duly seconded by Councilmember Lyden and upon vote being taken thereon,the following voted in favor thereof: Stoesz,Lyden,Ruhland, Cavegn,Rafferty The following voted against same:None -• 4.11 . i Rob Rafferty, Mayor ATTEST: 1u ' Bartell, C C CITY COUNCIL AGENDA ITEM 1G STAFF ORIGINATOR: Hannah Lynch, Finance Director MEETING DATE: June 14, 2021 TOPIC: Accepting the American Rescue Plan Act Funds VOTE REQUIRED: 3/5 INTRODUCTION On May 10, 2021, the U.S. Department of the Treasury launched the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act (ARPA) of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments. Treasury also released details on how these funds can be used to respond to acute pandemic response needs, fill revenue shortfalls among these governments, and support the communities and populations hardest-hit by the COVID-19 crisis. BACKGROUND The City of Lino Lakes is estimated to receive a total of $2.3 million in ARPA funds. The funds will come in two payments; one in the summer of 2021 and the second 12 months after the first payment. The League of Minnesota Cities developed a model resolution to accept ARPA funds. There is not a specific requirement in the law that cities pass a resolution but it is a formal way to acknowledge that the city will be receiving the funds and grants staff the autholity to take the necessary steps once the process is open through Minnesota Management and Budget. RECOMMENDATION Staff is recommending approval of Resolution No. 20-49. ATTACHMENTS Resolution 21-49