A M ERI CAN RESC U E
P L A N AC T - A R PA
C I T Y C O U N C I L M E E T I N G
NOVEMBER 4, 2 0 2 4
Background
• Allocated $27,427,882 in funding
• Study Session – Survey in 2021
• Must obligate by December 2024 and
expend all by December 20206
ARPA
• Adopted ARPA Plan December 2021
• May 2023 evaluation and options for
reinvestment adopted
• May 2024 updates
Council Actions
2 Projects Update
Bob Hart Square
• Lowest bid - $3,098,041
• Water Funds to address water line replacement - $1,200,000 • Balance - $1,898,041
Downtown One Way
• No bids received
• Project is being rebid – Council Consideration in early December Affordable Housing
• Gateway Terrace II project delayed due to title – HUD delays • Funding cannot be encumbered before deadline
3 REMAINING ARPA ALLOCATION S
4 Broadband - $10,000 remaining
Affordable Housing - $1,000,000 to be reallocated
Bob Hart Square Expansion - $680,000 available for project Downtown One-Way Project - $670,000 available for project Recommendations
• Broadband – reallocate $10,000 to Bob Hart Square
• Affordable Housing – reallocate $1,000,000 to Bob Hart Square • Downtown One Way - Reduce ARPA commitment by $208,041 and reallocate to Bob Hart Square
5 Potential Adjusted Amounts
Downtown One Way - $451,959 ARPA,
• Staff to identify additional funds should bids exceed amount Bob Hart Square - $3,098,041
• Bid - Existing ARPA - $680,000
• Water Funds - $1,200,000
• Affordable Housing Reallocation - $1,000,000
• Broadband Reallocation - $10,000
• Downtown One Way Reallocation - $208,041
6 Questions
Feedback
Direction or
Motion