HAYWARD CITY COUNCIL
RESOLUTION NO. 24-____
Introduced by Council Member __________
RESOLUTION AUTHORIZING THE TRANSFER AND APPROPRIATION OF $4,005,527 DOLLARS OF UNOBLIGATED AMERICAN RESCUE PLAN ACT (ARPA) FUNDS TO THE GENERAL FUND WHEREAS, on March 11, 2021the American Rescue Plan Act (ARPA) was signed into law, providing $1.9 trillion in economic stimulus to address impacts due to the COVID-19 crisis; and WHEREAS, the City of Hayward was awarded an allocation of $38.4 million in ARPA dollars; and WHEREAS, to meet funding requirements, all ARPA funding must be obligated by December 31, 2024, and fully expended by December 31, 2026; and WHEREAS, the City has $3.6 in unobligated ARPA funds and $415,455 of earned interest on received ARPA dollars; and NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Hayward hereby authorization to the transfer and appropriate of up to $4.1 million from the ARPA fund to the General Fund.
BE IT FURTHER RESOLVED, the Council of the City of Hayward that Resolution No. 24-111, as amended, the Budget Resolution for the City of Hayward Operating Budget for Fiscal Year 2025, is hereby by amended by approving the transfer and appropriation of up to $4.1 million from the ARPA Fund to the General Fund.
IN COUNCIL, HAYWARD, CALIFORNIA _______________________, 2024 ADOPTED BY THE FOLLOWING VOTE:
AYES: COUNCIL MEMBERS:
MAYOR:
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ATTEST: ______________________________________
City Clerk of the City of Hayward
APPROVED AS TO FORM:
_________________________________________
City Attorney of the City of Hayward
ATTACHMENT II