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4.9 SR 12-06-2021
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4.9 SR 12-06-2021
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<br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Mayor and City Council 4.9 <br />Agenda Section Meeting Date Prepared by <br />Consent December 6, 2021 Lori Ziemer, Finance Director <br />Item Description Reviewed by <br />Resolution: Accept Supplemental Distribution Cal Portner, City Administrator <br />of American Rescue Plan Act Funds <br />Reviewed by <br /> <br /> <br />Action Requested <br />Adopt, by motion, the resolution to accept the supplemental distribution of American Rescue Plan Act funds. <br /> <br />Background/Discussion <br />The American Rescue Plan Act (ARPA) was signed into law in March of 2021 to provide relief to cities, to enable <br />continued support for the response to the pandemic and to lay the foundation for a strong economic recovery. <br />Non-entitlement cities and towns, those with populations under 50,000, accessed ARPA funds by submitting a <br />request to the state of Minnesota by October 11, 2021. Funds are distributed in two tranches with the first <br />distribution completed and the second round coming in 2022. <br /> <br />After the deadline passed for local governments to request ARPA funds, nearly $12 million of the $377 million <br />available remained unrequested. The State of Minnesota redistributed these remaining funds among eligible local <br />governments who requested ARPA funds. The redistribution amount is approximately $3.47 per capita, and the <br />city received half of the distribution, $43,684.25, on November 22, 2021. The balance will follow in 2022. <br /> <br />Financial Impact <br />Supplemental distribution of American Rescue Plan Act funds. <br /> <br />Mission/Policy/Goal <br />Meet the needs in an ever-changing environment for a sustainable and prosperous community. <br /> <br />Attachments <br /> Resolution <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br /> Updated: August 2020 <br />
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