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A resolution appropriating $398,000 in American Rescue Plan Act funds from Fund #30216 to offset Covid-19 Financial Oversight Committee and staff administrative expenses, and to expand the use of the existing American Rescue Plan Act funds currently allocated to public emergency response to include telework and information technology expenses.
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WHEREAS, on June 15, 2021, the Metropolitan Council passed Resolution RS2021-966, a resolution which accepted grant funds for local government support from the Coronavirus State and Local Fiscal Recovery Funds established by the American Rescue Plan Act of 2021 ("ARP Funds") from the U.S. Department of the Treasury to The Metropolitan Government of Nashville and Davidson Count, which was subsequently signed into law by Mayor John Cooper on June 16, 2021; and,
WHEREAS, Resolution RS2021-966 established a COVID-19 Financial Oversight Committee ("the Committee") whose role is to collect, consider, and recommend appropriate uses of the ARP Funds as designated by the Metropolitan Council disbursement plan. The Committee will submit its reports and recommendations to the Mayor, the Director of Finance, and the Metropolitan Council not later than June 30, 2025; and,
WHEREAS, there are federal requirements for use of ARP Funds that require that these funds be expended or obligated on or before December 31, 2024; and,
WHEREAS, the Committee recognizes that the Metropolitan Government has spent funds on legal, staffing, bank fees, and other miscellaneous expenses such as parking. Metro also anticipates incurring additional expenses for consultants to assist with reporting, program management, and eligibility requirements, as described in Exhibit A; and,
WHEREAS, at this time, due to limited available ARP Funds, the Committee seeks to fund 87% of the proposed request in Exhibit A, with the expectation that the remainder of the program may be approved when further ARP Funds become available; and,
WHEREAS, the Committee pre...
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