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04-18-22-WS
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04-18-22-WS
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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. On March 21, 2022, this was discussed with Council at the work session. The conversation <br />centered on water, sewer and storm water projects. Using ARPA funds on utility projects means <br />the city won’t have to bond for future improvements and can keep utility costs down, which impacts <br />all property owners. Investment in critical infrastructure is a particularly well suited use of ARPA <br />funds because it is a non-recurring expenditure that can be targeted to strategically important long- <br />term assets that provide benefits over many years. <br /> <br />The City Administrator, Public Works Director and Finance Director met to discuss the different <br />utility funds and possible projects. <br /> <br />Sewer Fund – COVID had the biggest impact on the Sewer Fund in 2020, with a loss in revenue in <br />excess of $150,000. An annually scheduled transfer out of the fund was reduced by $63,000 to <br />help offset the loss of revenue. Staff would propose to use up to $200,000 of the ARPA funds on <br />a sewer project depending on need. <br />
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