Share to Facebook Share to Twitter Bookmark and Share
File #: RES 21-1234    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 8/25/2021
Title: Authorizing the City to transfer $1,700,000 of American Rescue Plan funds to a specific account for RiverCentre Ramp maintenance.
Sponsors: Amy Brendmoen
Attachments: 1. RES 21-1234 Financial Analysis
Title
Authorizing the City to transfer $1,700,000 of American Rescue Plan funds to a specific account for RiverCentre Ramp maintenance.

Body
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 35 million and killed over 600,000 Americans and impacted every part of life; and

WHEREAS, both the public health and economic impacts of the pandemic have fallen most severely on communities and populations disadvantaged before it began; and

WHEREAS, amid this crisis the City of Saint Paul (the City) has been called on to respond at an immense scale; and

WHEREAS, on March 11, 2021, the American Rescue Plan Act (ARPA) was signed into law by the President of the United States; and

WHEREAS, the ARPA established the Coronavirus Local Fiscal Recovery Fund, intended to provide support to local governments in responding to the impact of COVID-19 and in their efforts to contain COVID-19 in communities, residents, and businesses; and

WHEREAS, from the Local Fiscal Recovery Fund the U.S. Department of Treasury is distributing $45.8 billion to metropolitan cities, of which the City’s allocation totals $166,641,623; and

WHEREAS, in May 2021, the City received the first half of its ARPA Local Fiscal Recovery Fund allocation of $83,320,812; and

WHEREAS, according to the ARPA, the Local Fiscal Recovery funds may be used for the following expenses and must be obligated by December 31, 2024 and spent by December 31, 2026:

1) To respond to the public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality;
2) To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible workers;
3) For the provision of government services to the extent of the reduction in revenue due to the COVID-1...

Click here for full text
Date NameDistrictOpinionCommentAction
No records to display.