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2021-069
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2021-069
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12/14/2021 9:38:52 AM
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'It <br /> -ARzEN HILLS <br /> CITY OF ARDEN HILLS <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION NO. 2021-069 <br /> RESOLUTION TO ACCEPT THE REDISTRIBUTION OF <br /> UNREQUESTED CORONAVIRUS LOCAL FISCAL RECOVERY FUND <br /> ESTABLISHED UNDER THE AMERICAN RESCUE PLAN ACT <br /> WHEREAS, Congress adopted the American Rescue Plan Act in March 2021 <br /> ("ARPA") which included $65 billion in recovery funds for cities across the country. <br /> WHEREAS, ARPA funds are intended to provide support to state, local, and tribal <br /> governments in responding to the impact of COVID-19 and in their efforts to contain COVID- <br /> 19 in their communities, residents, and businesses. <br /> WHEREAS, The Fiscal Recovery Funds provides for$19.53 billion in payments to be <br /> made to States and territories which will distribute the funds to nonentitlement units of local <br /> government (NEUs). <br /> WHEREAS,NEUs generally have populations below 50,000. <br /> WHEREAS, The ARPA requires that States and territories allocate funding to NEUs in <br /> an amount that bears the same proportion as the population of the NEU bears to the total <br /> population of all NEUs in the State or territory. <br /> WHEREAS, after the deadline of October 11, 2021,passed for NEUs to request ARPA <br /> funds, nearly$12 million of the $377 million available to Minnesota's NEUs remained <br /> unrequested. <br /> WHEREAS, as allowed by the U.S. Treasury, the State of Minnesota has redistributed <br /> these remaining funds amongst eligible local governments who requested ARPA funds. <br /> WHEREAS, the redistribution amount is approximately$3.47 per capita, capped at <br /> 75%of the most recent budget adopted as of January 27, 2020. <br /> WHEREAS, $35,625.88 has been allocated to the City of Arden Hills ("City") <br /> pursuant to the ARPA (Redistribution). <br /> WHEREAS,the Redistribution will be distributed in two tranches with half <br /> received in 2021 and the second half in 2022. <br /> WHEREAS, the United States Department of Treasury has adopted guidance <br /> regarding the use of ARPA funds. <br />
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