1 RESOLUTION NO. 23-010
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERCULES APPROVING
A FIRST AMENDMENT TO AN AGREEMENT WITH YIFTEE IN THE AMOUNT OF $75,000 TO CONTINUE THE SHOP LOCAUGIFT CARD PROGRAM FUNDED BY THE AMERICAN RESCUE PLAN ACT (ARPA) FUND AND AMEND THE FY 22-23 BUDGET INCREASING ITS APPROPRIATION BY $75,000
WHEREAS, on March 11, 2021, the American Rescue Plan Act ( H.R. 1319), § 4001, ARPA") was signed into law providing federal funding relief for American workers, families, industries, and state and local governments; and
WHEREAS, The United States Department of Treasury released ARPA regulations and updated local government allocations on May 10, 2021. As part of the $1.9 trillion relief package, the City's allocation is set at $6,285,778.; and
WHEREAS, the City received the full $6,285,778 in allocation; and .
WHEREAS, the City entered into an Agreement with Yiftee for the Shop Local/Gift Card Program on April 26, 2022 for $65,000; and
WHEREAS, due to successful launch of the pilot program, the City Council would like to continue the program; and
WHEREAS, the proposed First Amendment would add $75,000 to the Yiftee Shop Local/Gift Card program. Staff is proposing that the budget be increased by $75,000 for the continuation of the Shop Local/Gift Card program; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Hercules as follows:
1. The First Amendment to Agreement with Yiftee is hereby approved and the City Manager is authorized to execute the first amendment to the agreement.
2. The City Council hereby approves amendment to the City's FY 22-23 Budget to add $75,000 for the continuation of the Yiftee Shop Local/Gift Card program. 2 The foregoing Resolution was duly and regularly adopted at a regular meeting of the City Council of the City of Hercules held on the 28th day of February 2023 by the following vote of the Council:
AYES: COUNCIL MEMBERS: Mayor Alex Walker-Griffin, Vice Mayor Romero, D. Bailey, C. Kelley and T. Grimsley
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Alexander Walker-Griffin, Mayor
ATTEST: