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HomeMy Public PortalAbout034-2020 - Grant - Indiana Finance Authority -Covid19COMMON COUNCIL OF THE CITY OF RICHMOND, INDIANA ORDINANCE NO. 34-2020 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE, AND / APPROPRIATION OF A GRANT FROM THE INDIANA FINANCE AUTHORITY WHEREAS, In accordance with Indiana Code (IC) 36-1-4-10, a municipality may execute any documents necessary to receive money from the state or federal government or any other source, and said documents are prepared and executed by the City executive administration, provided that the Common Council of the City of Richmond as the legislative body of the City approves an ordinance for the appropriation of any monies received in accordance with IC 36-4-6-18; and WHEREAS, The Indiana Finance Authority has grant funding available through its Coronavirus Relief Fund established via the Federal Coronavirus Aid, Relief, and Economic Security Act ("CARES") to assist with funding to be used by the City of Richmond for operations in connection with the COVID-19 virus and to be reimbursed for related expenses that are attributable to the same; and WHEREAS, The City of Richmond desires to submit a grant application to obtain funding for applicable reimbursement to and funding of operations for the City of Richmond in connection with actions taken or to be taken due to the COVID-19 virus; and WHEREAS, No local match is required. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, as follows: 1. The City of Richmond, in accordance with IC 36-1-4-10, -has submitted or will submit a grant application to the Indiana Finance Authority to assist with funding to be used by the City of Richmond for operations in connection with the COVID-19 virus and to be reimbursed for related expenses that are attributable to the same. 2. The City of Richmond is authorized to accept said grant funding in an amount up to One Million One Hundred Forty-six Thousand Ninety Hundred Eighty-five Dollars and Zero Cents ($1,146,985.00). Page 1 of 2 3. All grant funding, if awarded to the City of Richmond, shall be appropriated to obtain funding for applicable reimbursement to and funding of operations for the City in connection with actions taken or to be taken due to the C ID-19 virus. Passed and adopted this day , 2020, by the Common Council of the City of Richmond, Indiana. President (Ron Oler�Ph. .) ATTEST: (Karen Chasteen, IAMC, MMC) PRESENTED to the Mayor of the City of Richmond, Indiana, this _ day o , 2020, at 5L(2D-a m. (Karen Chasteen, IAMC, MMC) APPROVED by me, David M. Snow, Mayor of the City of Richmond, Indiana, this O 1 day of 2020, ati. ATTEST: , (Karen Chasteen, IAMC, MMC) Page 2 of 2 Mayor S