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Page 2 of 3 <br /> <br />• Invest in water, sewer, and broadband infrastructure, making necessary investments to <br />improve access to clean drinking water, support vital wastewater and stormwater <br />infrastructure, and to expand access to broadband internet. <br />One-time funds <br /> <br />These funds should be directed toward one-time priorities and not programs or policies that will <br />continue to need funding into the future. With the temporary nature of ARPA funds: <br /> <br />• Care should be taken to avoid creating new programs or add-ons to existing programs that <br />require an ongoing financial commitment. <br />• Use of ARPA funds to cover operating deficits caused by COVID-19 should be considered <br />temporary and additional budget restraint may be necessary to achieve/maintain structural <br />balance in future budgets. <br />• Investment in critical infrastructure is particularly well suited use of ARPA funds because it is <br />a non-recurring expenditure that can be targeted to strategically important long- term assets that <br />provide benefits over many years. However, care should be taken to assess any on-going <br />operating costs that may be associated with the project. <br /> <br />Timeline <br /> <br />• Cost must be incurred beginning on or after March 3, 2021 (with the exception of premium <br />pay); <br />• Costs must be incurred or obligated (orders placed for property and services, contracts and sub- <br />awards made, and similar transactions that require payment) by December 31, 2024; <br />• End of performance period is December 31, 2026 (allows for projects obligated at December <br />31, 2024 to be completed). <br /> <br />Discussion <br />Mayor Grant, Councilmember Holden and Finance Director Bauman met in July 2021, to start <br />developing a list of items that meet the eligibility requirements and bring the greatest benefit to the <br />City. The discussion centered on utility projects (Sewer Lining, Storm Water and Water Meters) <br />and other capital projects (Streets and Parks), trying to focus on items not currently included in the <br />CIP (i.e., dog park shelter). Investment in critical infrastructure is a particularly well suited use of <br />ARPA funds because it is a non-recurring expenditure that can be targeted to strategically important <br />long-term assets that provide benefits over many years. <br /> <br />List being developed for use of funds <br /> <br />Sewer lining – approximately $200,000 <br />Storm water projects – multiple projects will be needed in the coming years. <br />Water meter replacement – estimated cost of at least $1,200,000 <br />Dog park shelter <br />Street improvement projects <br />Cable upgrades <br /> <br />