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HomeMy Public PortalAbout09 - 2021-9 - AMERICAN RESCUE PLAN ACT OF 2021 ORDINANCE 2021-9 AN ORDINANCE ESTABLISHING THE AMERICAN RESCUE PLAN ACT OF 2021 LOCAL FISCAL RECOVERY FUND FOR THE CITY OF GREENCASTLE WHEREAS, on March 11,2021 the American Rescue Plan Act of 2021 (ARP)was enacted; WHEREAS,the ARP provides, in part, emergency funding to state and local governments, and the City of Greencastle will be a recipient of that funding; and WHEREAS,the Indiana State Board of Accounts has provided guidance to funding recipients. NOW, THEREFORE, BE IT HEREBY ORDAINED by the Common Council of the City of Greencastle, Indiana that 1. Establishment. There is hereby established a fund to be known as Fund 176,the ARP Coronavirus Local Fiscal Recovery Fund. 2. Sources of funding. The source of funding includes monies allocated to the City from the American Rescue Plan Act of 2021 and distributed to the City in 2021 and 2022. 3. Uses of funding. The City shall appropriate and use the funds in Fund 176 to cover costs incurred by the City up to and including December 31, 2024, solely for the following purposes: a. To respond to the Coronavirus Disease 2019 (COVID-19)public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism,travel, and hospitality; b. To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible workers of the City-that are performing such essential work, or by providing grants to eligible employers that have eligible workers who perform essential work; c. For the provision of government services to the extent of the reduction in revenue of the City due to the COVID-19 public health emergency relative to revenues collected in the most recent full fiscal year of the City, prior to the emergency; d. To make necessary investments in water, sewer, or broadband infrastructure. A public hearing having been held on June 10, 2021,with the opportunity for public input, the Council hereby adopts the attached American Rescue Plan Act of 2021 Coronavirus Local Fiscal Recovery Fund--City of Greencastle Investment Plan,which is incorporated herein and made a part hereof. 4. Amendments. This ordinance may be amended from time to time if additional guidance is received from any federal or state agency. 5. Term. The ARP Coronavirus Local Fiscal Recovery Fund, Fund 176, shall exist until terminated by ordinance of the Common Council. This Ordinance shall take effect upon passage by the Common Council and approval by the Mayor. PASSED AND ORDAINED by the Common Council of the City of Greencastle at its Regular Meeting this 'i LIIM day of 3—,,1,1c� ,2021. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA - A.27 } '/V-- Mark Iammer Adam Cohen _ (.74,-_-_A/ A il Vero , a Pejril S aci: angdon / n i iii-AVIO i 1ik — -- a Murray •b Widner V Cody Tart Approved and signed by me this I() 'day of :3-0/1\3E. , 2021 at $',?'clock f .m. / ' WI is A. o ,Jr., ayor: Attest: .-/---/ _ Ly a Dunbar, Clerk-Treasurer